CNBC Pro

Tesla shares pop after Credit Suisse upgrades stock, says company will increase electric car lead

Share
A Tesla logo is pictured during the Brussels Motor Show on January 9, 2020 in Brussels .
Kenzo Tribouillard | AFP | Getty Images

(This story is for CNBC Pro subscribers only.)

The coronavirus crisis will allow Tesla to increase its lead in the electric vehicle space as other automakers focus on recovering from the economic damage due to the shutdowns, said Credit Suisse.

More In Pro News and Analysis

CNBC ProAvoid a market bubble with these 'cheap' global stocks, JPMorgan strategist says
CNBC ProUBS says some sectors are about to surge and names the 'key opportunities' in global stocks
CNBC ProCNBC’s Halftime Report traders answer your questions on Disney, Uber and PayPal