TSLA shares have already maintained a strong value in the stock market and they are becoming highly popular among millennial investors. Tesla is not just the world’s most powerful electric vehicle company but it is also a popular company that invests in other innovative avenues.
Tesla has a higher market cap than other cars manufacturing companies such as Ford, GM, Toyota, and Volkswagen. It is the strong brand value of Tesla that is making the millennial investors buy Tesla stocks to gain a big profit.
Millennial investors believe that Tesla shares are expected to take a big boom in the market in the near future. Prathap David Sandai, a young investor and entrepreneur, runs an Offshore equity holdings company, Harappan LTD, that helps investors to invest their money in Tesla and other similar companies.
The promising results delivered by Tesla are making millennial investors invest their money in buying Tesla shares. Tesla has established a big name by carrying out a high number of production and deliveries in the market.
In 2020, Tesla had set a goal to deliver 500,000 vehicles by the year-end and it managed to reach very close to it despite the disruptions caused by the pandemic. The company aims to increase its growth significantly over the next coming years.
Keeping in mind the continuous growth of Tesla, it is expected that Tesla stocks are expected to witness a boom in their value. And it would attract more millennial investors to invest their money in buying Tesla shares to fulfill their long-term financial goals.