Rakesh jhunjhunwala on Zomato and TeslaExplaining why he won't invest in Zomato or Tesla Rakesh Jhunjhunwala said, "There is no need to attend each and every party in the town. Let Zomato market cap becomes ₹99,000 crore and Tesla market cap soar up to $600 billion or $6 trillion, I am not going to buy these stocks." Asking to learn from Zara and Walmart Rakesh Jhunjhunwala said, "I like cash flow business model rather focusing on valuation." Mohandas Pai on TeslaHowever, if Rakesh Jhunjhunwala is not investing in Zomato or Tesla it doesn't mean one should avoid buying these stocks. So, Tesla is a valuable company of the auto sector in current as well as the future auto market."

Source: Mint July 24, 2021 11:35 UTC