The bottom line
We can conclude that it will be extremely difficult for Nio to reach a price of $1,000, as that would represent an increase of more than 15x from its all-time high price. If Nio stock traded at a price of $1,000, its market capitalization would be $1.69 trillion, which would be larger than the current market cap of Meta ($1.67 trillion) but smaller than Alphabet, NVIDIA, Apple, and Microsoft.
While Nio reaching $1,000 is not an impossible scenario, there’s not much evidence that suggests Nio is headed towards becoming one of the very biggest companies in the world. In the meantime, you can check how Rivian could fare in the long term, being a direct competitor to Nio.
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