Does M&M have the potential to become next Tesla in India?
M&M is one of the first companies to start producing electric vehicles and that does not give it any kind of extra edge in the long term. To be honest, there is no way to identify which one could be the next Tesla, at least for now, so the best option is to diversify in all the top auto companies because, in the end, the next tesla would be from them.
There are also some chances that the next tesla could itself be tesla, as it has some strong plans to get in, in the Indian market.
To know more, you check the fundamentals of M&M.
I hope it helps