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Here's the math to figure out how much the Tesla of China may be worth in the future (NIO)

Nio's current $12 billion market capital could double in five years, according to Evercore ISI. Shares surged 75% Thursday, despite Bernstein analyst Robin Zhu reportedly gave shares an "underperform" rating.
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  • Shares surged 75% Thursday, despite Bernstein analyst Robin Zhu giving shares an "underperform" rating.
  • Nio's current $12 billion market cap could double in five years, according to Evercore ISI.
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