OLA electric is the next decacorn? β‘ β‘
Post IPO it's almost 2x HSBC raised Target Price to 140 What's your take guys especially seeing their future plans of bike n cars! Desi tesla loading βοΈππ
You should check HSBC or its subsidiary was anchor investor or not π
Manufacturing business needs lots of patience & consistency. Going by the track of promoters, looks slightly off. Also, we have to wait & watch the demand of electric motorcycles, especially the kind of heating issues scooters faced. Incumbents (Ultraviolet or Revolt) arenβt a common sight yet. CNG motorbikes might capture the cost efficient segment.
I agree partially
1. HSBC not on anchor investor list, just checked
2. Bhavish has huge obsession for startup, if he can give a run to uber, he can do same in automotive...I believe not in his 2 digit iit rank but his obnoxious mindset of challenging big daddy's like uber, open AI, tesla etc
3. Cng cost was 10-20/kg 10y back, now it's 90/kg, not viable
4. EV wave is there, with Solar mission and renewable energy focus, b4 green hydrogen EVs will rule for next 2decades
I wanted to type multiple things but looks like someone else created a better thread https://x.com/stocksroyale1/status/1824451351319023899?s=46
Aaron Lee
Stealth
3 months ago
If Ola is the next Tesla, then I am the next Jim Cramer
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