Trump Signs Law to Launch Dollar 2.0
Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.
| Open | 5.59 | Prev Close | 5.75 |
| High | 5.70 | Low | 5.38 |
| Volume | 88,044,508 | Volume (Avg) | 74,006 |
| 52 Week High | 8.02 | 52 Week Low | 3.02 |
| Market Cap | 10.7B | PE Ratio |
General
| Name | NIO Inc ADR |
| Ticker | NIO |
| Exchange | NYSE |
| Sector | Consumer Cyclical |
| Industry | Auto Manufacturers |
| Currency | USD |
| Country | USA |
| Fiscal Year End | December |
| Full Time Employees | 45,635 |
About NIO Inc ADR
NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China, Europe, and internationally. It offers five and six-seater electric SUVs, as well as smart electric sedans. The company also offers power solutions, including Power Home, a home charging solution; Power Swap, a battery-swapping service; Power Charger and Destination Charger; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for power valet service. In addition, it provides repair, maintenance, and bodywork services through its service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; repair and maintenance; courtesy vehicle; data packages; and auto financing and financial leasing services. Further, the company is involved in the provision of energy and service packages to its users; design and technology development activities; manufacture of electric powertrains, battery packs, and components; and sales and after-sales management activities. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was incorporated in 2014 and is based in Shanghai, China.
Highlights
| Analyst Target | 7.45 |
| Market Cap | 10,689,700,000 |
| EBITDA | -15,876,817,920 |
Valuation
| Forward PE | 434.78 |
| Price/Sales (Trailing 12 Mt.) | 0.20 |
| Price/Book (Most Recent Quarter) | 4.98 |
Technicals
| Beta | 1.07 |
| 52 Week High | 8.02 |
| 52 Week Low | 3.02 |
| 50 Day Average | -20.37% |
| 200 Day Average | 9.89% |
Earnings
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