New Delhi:- Following this year's $500 billion surge (roughly 410.555 billion rupees), Tesla skeptics are fighting back with punctuality.

While rival automakers chasing surging demand for EVs will be Tesla's biggest challenge over the next two years, Elon Musk will be distracted by high-profile businesses ranging from social media to space to artificial intelligence.

Respondents in the latest Markets Live Pulse survey said so. Of the 630 global MLIV Pulse contributors, 54% pointed to increased risks to industry competition, and 26% cited moody boss actions and decisions as the top concern for Tesla shareholders.  

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“Mr. Musk is just so unpredictable and I would list him as a top risk to Tesla,” Matthew Tuttle, CEO of Tuttle Capital Management, said in an interview.

About 67% of survey respondents said that billionaire executives should focus more on automakers as profit margins shrink. Her warning is that renewed investor interest in tech giants and Musk's prediction that the era of fully self-driving cars is near makes it seemingly possible that Tesla could rise 128% this year. Served in the middle of nowhere.

Tesla currently has a sizeable lead over other companies, whether established automakers or start-ups, but much of its surprisingly strong market valuation will likely hold up well into the future as electric vehicles increase. It is based on the assumption that Tesla can maintain its dominance. It's on the agenda. 

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But Tesla's competitors are picking up the pace. Just earlier in the month, Chinese company BYD set a sales record for the second quarter, delivering 352,163 fully electric vehicles. It shows how quickly the company has established itself with Tesla, delivering 466,140 electric vehicles to customers around the world, another record high.

The counterargument is that many of Tesla's competitors still suffer from teething problems. For example, Ford Motor Co.'s U.S. electric vehicle sales declined in the second quarter after the company had to halt production at its Mexico plant that makes the Mustang Mach-E earlier this year. bottom.

Still, analysts and investors say Tesla's current lead may be fading fast as government policies like the U.S. Inflation Control Act encourage other automakers to adopt electric vehicles. I am warning you. Tesla's infamous stock price, which trades at 75 times expected earnings, leaves little room for error as rivals go on the offensive. By contrast, GM's expected profit is about six times higher, and Ford's is about nine times higher. 

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“Successful stocks increase sales and profits, and you need both,” says Nicholas Colas of DataTrek Research.

Meanwhile, Musk Risk, which is linked to Tesla shares, made headlines last year when the billionaire launched an open public offering on the social media platform Twitter, selling most of his stake in Tesla to fund a takeover. Sales pressure and concerns that Mr. Musk was too preoccupied with running Tesla weighed heavily on the stock at the time.

Since then, Twitter itself has gone down in value. About 67% of survey respondents said they expected Twitter would never be worth what Mr. Musk paid. 

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After the acquisition of Twitter Elon Musk is still busy with the competition going on related to the  Social Media Platforms and not being able to focus on the developed ventures that he has as the competitors have now taken a pace in the EV market. He should also look into his own business now said by the investors in a survey.