Nio has not shown any profitable signs yet. with the 954% steep growth in 2020, it is expected to have a drop in share price due to oversold. Additionally, Hillhouse has also terminated its position in NIO. As for now, with such overvalued price in contrast with the fair value, do we wait for it to drop a lil more? or is it time to buy? or sell it for a short-term profit? Nio is expected to go public within 60 months and it is also anticipated to have consistent growth in the near future.
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