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 (TSLA)
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...


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