Ngkm
2021-05-20
Yes
Tesla Could Find An Even Bigger Market In India Than China, Says Analyst
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And that market will be just as big as China, maybe even bigger, in the long-run,” IrwintoldYahoo Finance during a discussion about the electric vehicle industry.</p><p>The analyst also noted that Tesla’s valuation is more sentiment-driven than based on fundamentals, and the sentiment has been impacted by recentadverse eventsin China,<b>Apple Inc.’s</b> reported dealwith LG Electronics Inc. for the Apple Car, and Musk’s flipflop on apex cryptocurrency Bitcoin(BTC).</p><p><b>Why It Matters:</b>Tesla has recently made several moves as part of its plan to enter the Indian market, including hiringlocal talentsto oversee its operations in the country. India’s huge market holdssimilar potentialfor Tesla as China does.</p><p>It wasreportedin April that Tesla is planning to open its first showroom and an office in Mumbai, India’s financial capital.</p><p>The Palo Alto-based company has already registered its headquarters in the southern Indian city of Bengaluru.</p><p>India is also reported to haveoffered incentivesto Tesla to produce electric vehicles in the country to compete with China’s cost of production.</p><p><b>Price Action:</b>Tesla shares closed almost 2.5% lower in Wednesday’s regular trading session at $563.46 and further declined 0.9% in the after-hours session to $558.36.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Could Find An Even Bigger Market In India Than China, Says Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Could Find An Even Bigger Market In India Than China, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-20 14:14 GMT+8 <a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21209659/tesla-could-find-an-even-bigger-market-in-india-than-china-says-analyst><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc.’s entry into the Indian market could give the electric vehicle maker a big boost and the market could eventually be even bigger than China, according to Roth Capital Partners analyst Craig ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21209659/tesla-could-find-an-even-bigger-market-in-india-than-china-says-analyst\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/05/21209659/tesla-could-find-an-even-bigger-market-in-india-than-china-says-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154533214","content_text":"Tesla Inc.’s entry into the Indian market could give the electric vehicle maker a big boost and the market could eventually be even bigger than China, according to Roth Capital Partners analyst Craig Irwin.What Happened: “You know, I've been talking about this I guess for about a year now, but they have actually been building out stores in India and building out supply chain in India. And that market will be just as big as China, maybe even bigger, in the long-run,” IrwintoldYahoo Finance during a discussion about the electric vehicle industry.The analyst also noted that Tesla’s valuation is more sentiment-driven than based on fundamentals, and the sentiment has been impacted by recentadverse eventsin China,Apple Inc.’s reported dealwith LG Electronics Inc. for the Apple Car, and Musk’s flipflop on apex cryptocurrency Bitcoin(BTC).Why It Matters:Tesla has recently made several moves as part of its plan to enter the Indian market, including hiringlocal talentsto oversee its operations in the country. India’s huge market holdssimilar potentialfor Tesla as China does.It wasreportedin April that Tesla is planning to open its first showroom and an office in Mumbai, India’s financial capital.The Palo Alto-based company has already registered its headquarters in the southern Indian city of Bengaluru.India is also reported to haveoffered incentivesto Tesla to produce electric vehicles in the country to compete with China’s cost of production.Price Action:Tesla shares closed almost 2.5% lower in Wednesday’s regular trading session at $563.46 and further declined 0.9% in the after-hours session to $558.36.","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":3,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/130097018"}
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