colin rusch – Thinking Port

Oppenheimer: Tesla Is An “Existential Threat” To Automakers

January 14, 2020 admin autonomous vehicles, China, clean transport, colin rusch, consumer technology, Electric vehicles, green economy, investment, oppenheimer, Shanghai, tesla, tesla china, tesla gigafactory 3, tesla stock

Credit to Author: Johnna Crider| Date: Tue, 14 Jan 2020 18:23:56 +0000

Oppenheimer analyst Colin Rusch this week told CNBC that Tesla has proven to be an existential threat for automakers. He said this while explaining his price hike for Tesla [TSLA] on CNBC’s Power Lunch. He points out that “first ground to first car” was less than a year while talking about Tesla’s new Gigafactory 3 in Shanghai