TSLA Downgraded by Bank of America, Automakers Aligning on Production Restarts, China NEVs (04.22.20)

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➤ TSLA stock downgraded to underperform by Bank of America in a note that feels straight out of 2017
➤ Volkswagen announces targeted production restart date for Chatanooga factory as automakers align on similar dates
➤ Morgan Stanley releases investor survey around electric vehicles and confidence in Tesla
➤ China updates purchase tax policy for new-energy vehicles

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Executive producer Rish Singh
Executive producer Jeremy Cooke
Executive producer Nick Wood
Executive producer Fela Winkelmolen
Executive producer Troy Cherasaro
Executive producer Bradford Ferguson
Executive producer Andre Kent
Music by Evan Schaeffer

Disclosure: Rob Maurer is long TSLA stock & derivatives

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