What do you think of the stocks of Tesla in India?
Answers
Answer:
Easily the top reason to buy into the Tesla thesis is the company's competitive edge over other auto stocks. Tesla is, after all, the first auto company in over five decades that has successfully built up from scratch to mass production. It has clear-cut first-mover advantages in the EV space.
Answer:
Tesla (NASDAQ:TSLA) is going to India. The Silicon Valley-based automaker plans to begin offering its Model 3 sedan to Indian customers early next year, according to India's transport minister, Nitin Gadkari.
India's auto market has huge potential, but it's also one of the most price-sensitive in the world. How will Indian consumers -- accustomed to inexpensive small cars -- respond to Tesla's powerful-but-pricey vehicles? Can the company duplicate its China success here?