Elon Musk a true entrepreneur but Tesla market cap won’t last: Jhunjhunwala

Elon Musk a true entrepreneur but Tesla market cap won’t last: Jhunjhunwala

Billionaire investor Rakesh Jhunjhunwala hailed Tesla CEO Elon Musk as a “true pioneer and entrepreneur”, however, he said that Tesla’s market cap won’t last. “Musk hasn’t given the market cap of Tesla. It’s the public who created it. This market cap isn’t going to last,” he told ET Now. “Tesla’s valuation isn’t linked to Musk’s capabilities,” he added.

News Source: The Financial Express

Leave a Reply

Your email address will not be published.