Tesla has a ‘key advantage’ that has earned its stock a bullish rating

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Tesla has a ‘key advantage’ that has earned its stock a bullish rating
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Tesla's objectives are similar whether Elon Musk's company is playing for the short run or the long run, and that's a key advantage for its stock.

Tesla Inc.’s objectives are similar whether Elon Musk’s company is playing for the short run or the long run, and that’s a key advantage for its stock, according to a Barclays analyst.

Unlike... Tesla Inc.’s objectives are similar whether Elon Musk’s company is playing for the short run or the long run, and that’s a key advantage for its stock, according to a Barclays analyst. Unlike traditional car makers that must determine how to weigh current demand for internal-combustion engine vehicles against the long-term opportunity in electric vehicles, “Tesla is by and large managing to ‘one clock,'” Levy wrote.

“Every Model 3 or Y [that] Tesla sells today not only benefits its near-term financials, but also furthers its long-term objectives, as those vehicles will remain critical to the product lineup, and will be the basis for other future models,” Levy wrote.Another company similarly managing to just “one-clock” is Mobileye Global Inc. MBLY , Levy said, as he initiated coverage of that stock at overweight and set a $60 price target. The company, spun out of Intel Corp.

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