I may not invest $TSLA+2.5% in Tesla, but this is really something! Tesla has begun talks with the Indian government on an investment proposal to set up an automotive plant in the country with an annual capacity of up to 500,000 electric vehicles.
Tesla
TSLACapital Structure
Market Cap
832.1B
Enterpr. Val.
829.2B
Valuation
P/E
73.2
P/S
8.7
That would be one hell of a boost. Tesla delivered around 1.3m vehicles in 2022 alone, now consider that they'll throw in another half a million cars, let alone the impact on their numbers...
Every week, Tesla comes up with a big one... here I believe in the stock much more than I believe in Meta :)
Sounds pretty solid. Except it's a five-year thing, right? I'm worried that by that time, Chinese car companies won't have cornered the market