Investors should expect Tesla to launch a full-scale financing arm as it tries to capture more of the auto market, Morgan Stanley says - Autoblog

📆 15-06-23 17:47:00
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Investors should expect Tesla to launch a full-scale financing arm as it tries to capture more of the auto market, Morgan Stanley says

That's something Tesla needs to incorporate into its business, especially if it plans on capturing more of the EV market, the analysts said.

Financing is now the"norm" in the auto industry. Though most of Tesla's early sales were done in cash, it's matured as a company and now has the cash flow to support a finco, the note added.

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