News Digest Item
16 May 2017

“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.

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