Oppenheimer: Tesla Is An “Existential Threat” To Automakers
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
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