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Pro Analysis

Tesla is the ultimate disruptor, buy it: Firm

Tesla showroom in Beijing, China
Wang Zhao | AFP | Getty Images
Tesla showroom in Beijing, China

Investors should buy Tesla shares to ride a company disrupting two giant industries, according to Sterne Agee CRT.

"TSLA is controversial, expensive and risky, but we think that is the price for nearly open-ended growth in a technology innovator targeting trillion-dollar auto and energy markets, where fundamental disruption is taking place in 1) electrification, 2) software/autonomous driving and 3) on-demand transport," Sterne Agee CRT's Rob Cihra wrote in a note to clients Thursday evening.