Business
Tesla is going to zero. Or is it? – The Australian Financial Review
Rajiv Jain of GQG Partners and T Rowe Price’s Scott Berg squared up over Tesla at the Morningstar Investment Conference in Sydney.
The car maker has always divided fund managers, some of whom are sceptical of Teslas ability to generate earnings as competition in the electric vehicle space ramps up.
Mr Jain is one: Teslas a concept stock, he said. He acknowledged that Tesla benefits from first-mover advantage in the electric vehicle space, and that the company has delivered returns for investors. Ive been dead wrong about Tesla, he said.
But, right now – frankly, if I was running long-short I would be shorting Tesla on any kind…
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