TSLA - Tesla's UAW Strike Dilemma: 'Champagne on Ice' Or Bumpy Road Ahead? Bullish Bearish Analysts Clash | Benzinga
A Tesla, Inc. (NASDAQ:TSLA) bull and a bear debated the impact of the United Auto Workers union strike on the electric vehicle pioneer.
Ives Flags ‘Champagne On Ice’ Moment: Wedbush's Daniel Ives said Tesla is now an automotive disruptive technology and among competitors, General Motors Corp. (NYSE:GM) and Ford Motor Co. (NYSE:F) are the biggest shadows for the Elon Musk-led company.
Weighing in on the impact of the UAW strike in terms of cost intake and EV production in 2024, the analyst said it's almost a moment to "champagne on ice” for Tesla. “The competition barks a lot worse than fighting the UAW,” he said.
The impact of the strike depends on how it is settled, Ives ...