The Ultimate EV Stock to Buy With $500 Right Now

Core Viewpoint - Nio is positioning itself for growth in the electric vehicle (EV) market despite challenges, with expectations of increased deliveries and a strategic focus on battery-swapping technology, while facing pressures from tariffs and competition [1][2][5]. Group 1: Delivery and Growth Expectations - Nio anticipates a delivery growth of 51%-53% for the full year, countering bearish views about its market viability [5]. - The company expects to ramp up deliveries of its new Firefly model in Europe, although margins may be affected by higher tariffs on Chinese EVs [1]. - Nio's deliveries have shown a significant increase, with figures rising from 20,565 in 2019 to 160,038 in 2023, reflecting a year-over-year growth rate of 31% [9]. Group 2: Financial Metrics and Valuation - Nio's enterprise value stands at 67.6 billion yuan ($9.3 billion), with its stock trading at less than 1 time this year's sales, indicating a potentially undervalued position [7]. - Analysts project Nio's revenue to grow at a compound annual growth rate (CAGR) of 29$5 due to slowed growth and rising interest rates [4][13]. - Nio's vehicle margin has decreased from a high of 20.2% in 2021 to 9.5% in 2023, impacted by intense price competition in the Chinese EV market [18].