Expert On Tesla: This Is A 'Game-Changer' Over The Long-Term
Berger noted he thought Tesla Motors Inc (NASDAQ: TSLA) was “well-positioned though a longer-term lens.
"Anytime you get to buy a stock when it’s 20, 30, or 40 percent off its highs," he added, "I thinks it’s worth adding to a long-term portfolio.”
Regarding concerns over sales in China, Berger felt that it was more media hype than anything else.
Berger also said that over the long-term, Tesla was positioned to take advantage of the move toward automation and driverless cars, which could be a "game-changer."
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Latest Ratings for TSLA
|Oct 2016||Goldman Sachs||Maintains||Neutral|
|Oct 2016||Goldman Sachs||Downgrades||Buy||Neutral|
|Sep 2016||Cowen & Co.||Initiates Coverage on||Underperform|
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