News Formal

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

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock Picks: Morgan Stanley Shares 30 Stocks With Best Pricing PowerMORGAN STANLEY: These 30 stocks with strong pricing power are immune to falling inflation and the damage it will do to profit margins
Source: BusinessInsider - 🏆 729. / 51 Read more »