The 2 Mega-Giants go Head to Head, with recent numbers coming from the Q1 2021 report of NIO, indicate continued upwards momentum. But, Let’s put the 2 EV giants head to head and see how they compare.
First, let’s take a look at how NIO reported. NIO Q1 2021 Report
- Vehicle sales up 489% from the first quarter in 2020.
- Positive vehicle margin of 20% for the first time, compared to negative 7% the year before
- Total Revenues up 489% from Q1 2020.
What the CEO had to Say?
“NIO started the year of 2021 with a new quarterly delivery record of 20,060 vehicles in the first quarter, representing a strong growth of 422.7% year over year,” said William Bin Li, founder, chairman and chief executive officer of NIO. “The overall demand for our products continues to be quite strong, but the supply chain is still facing significant challenges due to the semiconductor shortage. In light of the strong momentum under a volatile macro environment, we expect to deliver 21,000 to 22,000 vehicles in the second quarter of 2021.”
The 2 Mega-Giants go Head to Head
With NIO stock up a massive 1068% year to date vs Tesla’s relatively measly 353% YTD one can either assume Tesla has some catching up to do, or, NIO is looking to fall back down to earth?
We Think, Neither.
The 2 Mega-Giants go Head to Head, With the Tesla market cap hitting 684billion vs the 65billion of NIO, we think NIO has more room to grow. This could be an easy 4-5 bagger over the short to medium term. NIO just needs the right catalyst. But if the Q1 result wasn’t strong enough let’s compare that against Tesla’s latest. With Q1 deliveries at 200,000, this is much stronger than NIO’s 7,409. Telsa’s share price back when they were only delivering 7500 vehicles per quarter was 20billion USD. So market cap per vehicle delivered is currently much higher than tesla’s, but in saying that when was the last time tesla grew vehicle deliveries by 489% YOY?
So whats the best way to capitalise on the EV evolution?
Although it’s nearly impossible to pick who will ultimately come out on top of this EV evolution the best way to get your foot in the door is potentially through EV, ETF’s (Exchange Traded Funds) and dollar-cost averaging into the ETF.
- KraneShares Electric Vehicles & Future Mobility ETF (KARS)
- SPDR S&P Kensho Smart Mobility ETF (HAIL)
- iShares Self-Driving EV and Tech ETF (IDRV)
Potentially buying into The 2 Mega-Giants go Head to Head. EV-ETF’s may be the best way to get into the mildly confusing valuations of EV makers such as Tesla and NIO, whilst also getting massive exposure to great companies such as Blink Charging
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