What's Going On With Chinese EV Maker NIO Stock Today? - NIO (NYSE:NIO)

What's Going On With Chinese EV Maker NIO Stock Today? - NIO (NYSE:NIO)

NIO's stock sees a slight premarket rise as it is expected to be included in major Hong Kong stock index, boosting investor interest.

Can Nio Stock Reach $1,000? NIO Stock Forecast

Yes, Nio stock can theoretically reach $1,000. However, in order to reach that price milestone, Nio’s price would have to increase by more than 240x and surpass the all-time high market cap of Tesla, arguably its main competitor. NIO’s explosive price growth in 2020 and 2021, which saw the price of NIO increase from $2.40 to $61.95, has left many investors wondering how high the stock could reach in the future. While NIO lost a decent chunk of i…