Nio Inc shares saw massive growth in 2020, starting out at around $3 in January and pushing all the way to $50 in December, almost 2,000%. I think this "Chinese Tesla" is merely at the beginning of a massive uptrend. EV stocks are already some of the best-performing stocks on the market right now, and Nio is definitely the best of them in my opinion. The Chinese government keeps pushing them to continue developing new products, and I think that they could hit $500 in years to come. This is probably my all-time favorite long-term investment. They make up a very large portion of my long-term portfolio. I hope you guys long-term them as well. Good Luck!
**Now may be a good entry point, considering the decent looking hammer candle they formed today**