Guggenheim initiates Tesla at neutral, says electric vehicle market will grow slower than expected

Published Mon, Dec 20 20217:48 AM EST

The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019.

John Thys | AFP | Getty Images

Tesla's stock could be stuck in neutral as the electric vehicle market becomes increasingly crowded, according to Guggenheim.

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