Relevant and even prescient commentary on news, politics and the economy.

Tesla wins, Detroit bleeds

“Tesla wins, Detroit bleeds,” Bernstein analysts led by Daniel Roeska declared Thursday. “Tesla is the clear structural winner…. For everyone else, this is a margin reset and real drag on near-term earnings power,” Roeska continued.” The only imported part for Teslas appears to be a wire harness made in Mexico. That’s expected to add less […]