• Tesla is about to go head-to-head with Porsche, BMW, and Mercedes - but experts say the threat isn't as bad as it sounds

    19 days ago - By Business Insider

    During the next two years, Tesla will face a new wave of competition from luxury brands like Audi, BMW, Jaguar, Mercedes-Benz, and Porsche.
    Three analysts who cover Tesla told Business Insider the automaker doesn't need to worry about looming competition, as there will be room for multiple companies to succeed in a small but growing segment of the auto market.
    Gene Munster, a managing partner at the venture capital firm Loup Ventures, said Tesla's in-car technology and upcoming, lower-priced vehicles will work to its advantage.
    Tesla is about to get hit with a wave of new...
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