Elon Musk, for all intents and purposes, is an outside-the-box thinker.
Forget creating the EV market. Just take a look at his other ventures: Not A Flamethrower, The Boring Company, and SpaceX, to name a few.
However, Musk has not only made these projects happen but he’s also made them a success.
But there’s ONE massive oversight in all this, something major that Musk overlooked when building Tesla into such a success. You’d have expected him to think of something this simple–but he didn’t.
One of the up-and-coming EV companies right now is Chinese-based Nio (NIO), which is sitting at around $22.50 per share right now but has a Wall Street price target of about $47.
And while we’re not here to talk about their ability to return profits, I think that’s a very important point to know.
Nio has figured out a huge solution to one of the biggest problems with EVs…
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