News > Rakesh Jhunjhunwala says Tesla’s market cap will not going to last

Rakesh Jhunjhunwala says Tesla’s market cap will not going to last

28/02/2021 08:30 PM | Click to read full article

Billionaire investor Rakesh Jhunjhunwala has hailed Tesla CEO Elon Musk as a “true pioneer and entrepreneur”, however, he wasn’t quite convinced about his electric vehicle company’s valuation. “Elon Musk has not given the market cap of tesla. It is the public who has created it. This market cap is not going to last,” Jhunjhunwala told ET Now recently in an interview.

However, he added that it doesn’t take away the entrepreneurial capabilities or performance of Musk.

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