A Tesla Bull Still Likes Internal Combustion Engine and Hybrid Car Technology
Internal combustion engine technology and hybrid cars will be around for longer. That’s the view of a notable
Tesla
bull and its driving him to see new opportunity, and risk, for a couple of car stocks.
Monday,
Morgan Stanley
analyst Adam Jonas upgraded shares of auto parts maker
BorgWarner
(ticker: BWA) to Hold from Sell. His price target went to $45 from $35.
Gloss