Tesla Motors, Inc. (NASDAQ:TSLA), Apple Inc. (NASDAQ:AAPL) - Tesla 'Bringing A Machine Gun To A Knife Fight,' Canaccord Genuity Analyst Says
Share: Canaccord Genuity upgraded The analyst said he expects delivery numbers to lead to greater profitability because of the transition from low-volume, high-price vehicles to high-volume, lower-price vehicles in the form of Tesla's Model Y and 3. Secondly, "the 4680 battery will open up capacity that will drive into the solar and storage market," he said. Lastly, the analyst compared Tesla to Apple Inc (NASDAQ: AAPL) in terms of brand value.
Source: benzinga.com