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Oppenheimer: Tesla Is An “Existential Threat” To Automakers

1 min read
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
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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