Its not the price per share that matters to a professional investor. Its the market cap of the whole company that should matter. TSLA has market cap nearly US$ 30 B, which is fifty times that of KNDI. Where as market cap of KNDI is miniscule US$ 600 million. KNDI has much larger market in China with urgent pollution problems. Price of 75/share for KNDI is still market cap of only about 2 B which is still very small considering its growth potential. If everything company tells us is true, this stock can go much more higher
On pure speculation it can go much higher, i agree. The difference between tsla and kndi is in two main parts. First, kndi was profitable, and still is. Tsla still needs to turn a profit. Second, KNDI has the potential, over the next several years, to expand into dozens of cities with their model, which is already profitable. Tsla's model wouldn't work in china, and Kndi's wouldnt work in the united states. Different companies for different markets. This is not to say tsla won't expand to china some day, but they have a lot of work to do in US before expanding. KNDI has a huge new market to break into and create.