TESLA COULD SHED MORE THAN 40% IF IT'S OVERTAKEN AS THE LEADER IN ELECTRONIC VEHICLES, CREDIT SUISSE SAYS (TSLA)

Reuters Tesla's position as the top electric-vehicle maker in the US could slip and send shares down more than 40%, according to a Thursday note from Credit Suisse.  On Sunday, Ford is expected to announce the Mach-E, its Mustang-inspired electric SUV, the company announced Thursday. This could pose a threat to Tesla, according to Dan Levy of Credit Suisse, as it "marks an increased effort by the legacy US automakers to be relevant in e...

BusinessInsider (Date:11/14/2019 20:15) Read full article >>

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