Ark's Wood remains bullish on Tesla, says oil stock rally 'defying logic'

Tesla, meanwhile, will continue to take market share as global oil demand falls by 30% or more over the next five years, Wood estimated. The company's recent moves to lower its prices will likely continue "aggressively" and put pressure on other automakers to match them, hurting its competitors "significantly," she said.

from Stocks-Markets-Economic Times https://ift.tt/cuwICeY
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