Ola Electric shares double in just 7 days, valuations now more expensive than Tesla

Shares of Ola Electric soar 8% to a new peak of Rs 157.53 on the BSE, surpassing Tesla's valuation. The EV stock has surged 107% from its IPO price of Rs 76 in just 7 trading sessions. On Tuesday, 2.3 crore shares, or 0.5% equity, worth Rs 352.9 crore, changed hands at Rs 151 per share.