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Our sister site covered the strong rise in the stock prices of Tesla (TSLA) and NIO (NIO). Below the article as obtained from American Stock Research
We take a look at the astronomical rise in the stock prices of Tesla (TSLA) and Nio (NIO) over the last couple of years. We believe both these firms stocks are horribly overpriced and we would not recommend that anyone invests in them at their current prices. |
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More About Tesla (TSLA)
We design, develop, manufacture and sell high-performance fully electric vehicles (“EVs”) and energy generation and storage systems, and also install and maintain such energy systems and sell solar electricity. We are the world’s first vertically integrated sustainable energy company, offering end-toend clean energy products, including generation, storage and consumption. We have established and continue to grow a global network of stores, galleries, vehicle service centers, Mobile Service technicians, body shops, Supercharger stations and Destination Chargers to accelerate the widespread adoption of our products, and we continue to develop self-driving capability in order to improve vehicle safety. Our sustainable energy products, engineering expertise, intense focus to accelerate the world’s transition to sustainable energy, and business model differentiate us from other companies.
We currently produce and sell three fully electric vehicles: the Model S sedan, the Model X sport utility vehicle (“SUV”) and the Model 3 sedan. All of our vehicles offer high performance and functionality as well as attractive styling. We commenced deliveries of Model S in June 2012 and have continued to improve Model S by introducing performance, all-wheel drive dual motor, and Autopilot options, as well as free over-the-air software updates. We commenced deliveries of Model X in September 2015. Model X offers seating for up to seven people, all-wheel drive, and our Autopilot functionality. We commenced deliveries of Model 3, a lower-priced sedan designed for the mass market, in July 2017, and we have significantly ramped its production. We are now embarking on the delivery of Model 3 in international markets and are focusing on lowering manufacturing costs while continuing to increase its production rate. We also intend to bring additional all-electric vehicles to market in the future, including Model Y, the Tesla Semi truck, a pickup truck and a new version of the Tesla Roadster
We currently produce and sell three fully electric vehicles: the Model S sedan, the Model X sport utility vehicle (“SUV”) and the Model 3 sedan. All of our vehicles offer high performance and functionality as well as attractive styling. We commenced deliveries of Model S in June 2012 and have continued to improve Model S by introducing performance, all-wheel drive dual motor, and Autopilot options, as well as free over-the-air software updates. We commenced deliveries of Model X in September 2015. Model X offers seating for up to seven people, all-wheel drive, and our Autopilot functionality. We commenced deliveries of Model 3, a lower-priced sedan designed for the mass market, in July 2017, and we have significantly ramped its production. We are now embarking on the delivery of Model 3 in international markets and are focusing on lowering manufacturing costs while continuing to increase its production rate. We also intend to bring additional all-electric vehicles to market in the future, including Model Y, the Tesla Semi truck, a pickup truck and a new version of the Tesla Roadster
More About NIO Inc (NIO)
NIO Inc. is a pioneer in China’s premium smart electric vehicle market. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. NIO began deliveries of the ES8, a 7-seater flagship premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. NIO officially launched the ES6, a 5-seater high-performance premium electric SUV, in December 2018 and began the first deliveries of the ES6 in June 2019. NIO officially launched the EC6, a 5-seater premium smart electric coupe SUV, in December 2019 and plans to commence deliveries in 2020.
Tesla (TSLA) stock price history over the last 5 years
The image below shows the stock price history of Tesla (TSLA) over the last 5 years. And as the image shows there has been a massive surge in the stock price of Tesla over the last couple of months. Over the last 5 years the stock of Tesla has increased by a jaw dropping 2963.1%. Absolutely crazy returns provided by the stock of Tesla (TSLA). We do however believe that the stock price of Tesla is one of, if not the biggest stock market bubble in history. Its our view and believe that the stimulus cash paid out by the US government is making its way to the stock market via platforms such as Robin Hood and rookie investors looking to get in on the action is driving up the price of Tesla, and as the price keeps skyrocketing more people are buying hoping to cash in as well and this keeps driving up the price. But eventually people will realise that they are paying $880 for a stock that only makes $2 profit per share. And when the selling starts and this bubble pops it will be brutal and a lot of people will get burnt.
Tesla (TSLA) stock price history over the last 5 years
NIO Inc (NIO) stock price history over the last 2 years
The image below shows the stock price history of NIO over the last 2 years. And in a similar vein to Tesla (TSLA), the stock of NIO (NIO) has seen a significant surge over the last couple of months. Those that believe they missed out on Tesla (TSLA) are piling into NIO, a smaller electric vehicle builder, hoping that NIO's stock will be the next Tesla. Over the last 2 years the stock of NIO has increased by a very significant 796.80%. Again we believe the stock of NIO is driven higher by investors suffering from FOMO and those that missed out on the Tesla stock surge.
NIO Inc (NIO) stock price history over the last 2 years
Tesla (TSLA) stock vs NIO Inc (NIO) stock over the last 2 years on stock chart
The image below shows the stock price of Tesla (TSLA) and NIO (NIO) over the last 2 years on the same chart. And its clear that both these firms have seen a significant surge in their stock prices over the last couple of months. Over the last 2 years the stock of Tesla and NIO have provided the investors with the following returns:
- Tesla (TSLA): 1372%
- Nio Inc (NIO): 796.8%
Tesla (TSLA) stock vs NIO Inc (NIO) stock over the last 2 years on stock chart