Actionable news
All posts from Actionable news
Actionable news in TSLA: Tesla Motors, Inc.,

Why Tesla has a 'clear advantage' over other automakers: Analyst

Tesla's lackluster second-quarter sales may fuel some bearish arguments about its uniqueness, but the electric carmaker still has a clear advantage over its competitors, an analyst told CNBC on Tuesday.

James Albertine, senior automotive analyst at Consumer Edge Research, told CNBC's "Squawk Box" that over the next six months, Tesla has the potential to reap big rewards as the first of the highly anticipated Model 3 sedans begin to roll out.

He explained that while Tesla's future demand was relatively solid, other manufacturers were facing more uncertainties over who will be buying their vehicles in the near term. Last month auto sales fell 3 percent despite low...