Tesla needs capital and Detroit needs to innovate — here’s how a partnership could help both sides, according to a Wall Street analyst (TSLA)

by

in

Elon Musk of Tesla, SpaceXREUTERS/Noah Berger

Conventional automakers will”struggle to disrupt themselves” Morgan Stanley said Thursday. 
At exactly precisely the exact identical time, Tesla desperately needs their own manufacturing experience and access to capital.
A partnership could be a match made in heaven, analyst Adam Jonas theorizes. 
Follow Tesla’s stock price in real time here. 

Tesla desperately needs access to fresh capital — and traditional Detroit automakers have a long road ahead of them to bridge the gap into the car of their future.

That’s a match made in heaven, according to Morgan Stanley autos analyst Adam Jonas. He theorizes a way in which Tesla could utilize a proven — and rewarding — maker as a win-win for the two companies. See the rest of the story at Business Insider

NOW WATCH: Ray Dalio States the market resembles 1937 and a recession is coming in roughly two decades

See Also:

Your view matters — Become a BI Insider now! A 2015 clip of Brett Kavanaugh joking about his days at an elite high school has resurfaced and will be heading viralGlobal stocks do something rarely seen over the past 30 years — what happens next could determine whether a US downturn is coming

SEE ALSO: Wall Street analysts tore down a Tesla Model 3 and found’significant fit & finish issues’


Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com

Discover more from Teslas Only

Subscribe now to keep reading and get access to the full archive.

Continue reading