“Tesla will do in three years what it took Porsche 10 years to do, says analyst”
Tesla will do in three years what Porsche took a decade to do, Evercore ISI analyst George Galliers said in a research note, reports CNBC. Following the buildout of the Model 3, Tesla had the potential to achieve sustainable gross margins comparable to those of high-end German auto brands, while growing more like a rapidly advancing Chinese automaker, he said according to CNBC.
Find the article in English here.
For background read the CLEW dossier The Energiewende and German carmakers.