Credit Suisse thinks Tesla's focus on its electric vehicle batteries is a key advantage.
"While we hold an Underperform rating on Tesla, we nevertheless believe it's important to give Tesla its credit where due," Credit Suisse analyst Dan Levy wrote in a note to investors on Monday. "We believe Tesla is leading in the areas that will likely define the future of carmaking – software and electrification.
Next year Tesla is expected to host "Powertrain Day," which Levy expects will shed light on Tesla's battery strategy – including increasing production, decreasing cost and improving each battery's efficiency. "We expect Tesla to highlight why its work in battery gives it a clear competitive advantage vs. other automakers," Levy said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Bloomberg pushing Wall Street execs, mega donors to back DNC fundraisingFormer New York mayor and billionaire Mike Bloomberg is set to meet with several executive Wall Street influencers and mega donors on his home turf Thursday, ABC News has learned. Meanwhile, Bloomberg's team has been phoning donors and those on the 'high-up' business world call list, asking
Consulte Mais informação »
US futures point to higher open on Wall StreetU.S. stock index futures pointed to a cautiously higher open Monday morning.
Consulte Mais informação »
Wall Street see potential in virtual reality for data visualization - Business InsiderA handful of firms have run pilot programs using the tech, but sources say VR hardware needs to improve before wide-spread adoption can occur.
Consulte Mais informação »
Wall Street banks court moderate Democrats to blunt Warren's hostilityWall Street bank lobbyists are seeking moderate Democratic allies in Congress to...
Consulte Mais informação »
Tax-credit expansion sought by Tesla, other EV players is among tax breaks getting lawmakers’ attention as year endsTesla, General Motors and other players in the electric-vehicles sector have a role in the end-of-year scramble around a possible tax package with so-called...
Consulte Mais informação »
Greta Thunberg apologizes for 'against the wall' comment“That's what happens when you improvise speeches in a second language. But of course I apologise if anyone misunderstood this,” Thunberg wrote on Twitter on Saturday.
Consulte Mais informação »