Important Innovations

  Nio, EV Maker Taking on Tesla  Source:  Nio                                                                           Hot Global Stock Shanghai based electric vehicle maker Nio wants to take on Tesla and be the "Tesla killer".  It's share price on the NYSE has been soaring.  It's up 1000% since it cratered in March at $3.00.  It is now up to $26.50, Big Wall Street houses like Citi are calling it a buy.  They've put a target price of $33.20 on it because of it's "very strong order backlog", its efforts to cut battery costs and its growing market share.  Nio is back by two Chinese tech giants, Tencent and Baidu. The Nio EV car, shown above, is an example of Nio's fashionable, futuristic design in EVs. Nio's Different Approach Nio's business approach is innovative.  It has heavily focused on creating a brand, including selling Nio hats and merchandise on line. It offers battery-swapping, mobile power vans and "Nio Houses" which

Takes off Like a Rocket Monday But Hits a Little Choppy Air Tuesday Source:  NYSE Listed on the NYSE Virgin Galactic is the first space tourism company to land on Wall Street.  It's listed on the NYSE as SPCE.  It began trading on Monday and right out of the launch pad it soared up 5% at its debut.  It has a market cap of $1 billion. This underscores the interest of investors and the public in space tourism.   On Tuesday, the stock hit a little choppy air and as of 3PM Eastern Time is trading in the day range of $12.51 - $10.50.  Founder Sir Richard Branson and Virgin Galactic CEO George Whiteside were on hand to ring the First Trade Bell on Monday to commemorate the occasion.  Sir Richard commented:  "Now anyone can invest in the future of space". Space Tourism Plans Virgin Galactic has intergalactic plans. It first wants to offer space flights to six passengers at a time for $250,000 each for trips to the weightless outskirts of space.  Trips begin in the sum