Business EValuation of Tesla
"2020 Cruise-Tesla Case" with care and answer the questions in it.
You should pick at least four comparable companies, at least one of which is conceptually related, but is not actually a traditional auto company. For example, you might pick Ford, GM, Uber or Amazon (or Lyft, or Zoom Video). Your choice---explain your reasoning.
This news article might give you some ideas about the EV industry 2021 January Cruise and Microsoft link up
In choosing your comparables, you can look at the nature of the business, as well as beta, ROE, and other financial ratios. They help you choose the comparables, and then you proceed to use and weigh (weighted average) P/E, P/B,P/D, P/EBITDA, DCF, etc. There are many metrics. Just chooses a few that you can discuss and justify.