$NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$ Nio had the guts to build a huge Baas infrastructure after Tesla had decided it wasn't worth it and now Shell is a partner along with Sinopec. Nio had the guts to issue a huge amount of shares fully aware they would need a huge amount of interest to raise capital for this ecosystem of infrastructure, tech innovation, and had the vision to start a high-end brand at the risk of not selling as many units but establishing prestige and quality before attacking other price points. Xpev has a low float and sells more cars but even now the revenue is less due to Nio's ever-improving margins and higher price point. This year Nio diversified into themid market with Et5 giving up nothing in terms of quality and will expand production in a big way. Xpev's small float matches its smaller business model and it has gone for volume immediately. This makes it the easy choice at this stage which is why cathy woods chose them so she can deliver faster growth in share value to her investors. Thats fine, but Nio is the al-round giant long term and they are aggressively developing this vision.