Tesla (TSLA) Still Represents One Of The Best Earnings Growth Stories

“While we think the new UAW labor deal will be ratified, we view the concessions the Detroit Three made as significant and they will weigh on margins and affect its competitiveness relative to Tesla and other non-union automakers,” notes CFRA’s Garrett Nelson. He discusses how the UAW deal with the “Big 3” benefits Tesla (TSLA). TSLA is up 66% year-to-date and down 30% from a 52-week high. CFRA maintains a buy rating on TSLA and CFRA has hold rating on GM, F, and STLA. Tom White then demonstrates example trades using TSLA and GM. Tune in to find out more about the stock market today.