01-01-1970 12:00 AM | Source: PR Agency
View On Tesla`s 1 trillion market cap By Mr. Asheesh Chanda, Kristal.AI
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Below are View On Tesla's 1 trillion market cap By Mr. Asheesh Chanda, Founder and CEO, Kristal.AI

With the $1 Trillion valuation, Tesla is now more valuable than the other 9 biggest listed carmakers combined. While they have a way to go to justify such a high valuation, they have done well to turn cashflow positive over the last few quarters and reduce reliance on sales of emissions credits to boost the bottom line. Given the continuous sales expansion of Tesla, Indian investors can look into Tesla as a tool of diversification into global assets outside of India equities. EV is currently a big trend and seems like it'll continue to be so going forward as well. Despite the high valuation of Tesla, which it has used to even higher P/E in the past as well, Indian investors can apply dollar-cost averaging to acquire the Tesla shares at good prices and hold for medium to long term. Tesla has been the category creator in the EV space. Hence Indian investors looking to gain exposure in the segment should consider Tesla as an investment option in their portfolio.

 

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