At the heart of Tesla's business is the promise of it's batteries and the future of zero-carbon energy.
December 16, 2019
By Carman Reinicke
A Tesla bear (click here) that estimates the stock could fall as much as 44% is giving the company "credit where due."
"Tesla is likely ahead of others on batteries - the core of the electric powertrain," Dan Levy of Credit Suisse wrote in a Monday note to clients. He maintained his underperform rating and target price of $200 on shares of the company.
"We believe Tesla is leading in the areas that will likely define the future of carmaking - software and electrification," wrote Levy....