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

Published: April 22, 2020, 10:40 p.m.

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\\u27a4 TSLA stock downgraded to underperform by Bank of America in a note that feels straight out of 2017
\\u27a4 Volkswagen announces targeted production restart date for Chatanooga factory as automakers align on similar dates
\\u27a4 Morgan Stanley releases investor survey around electric vehicles and confidence in Tesla
\\u27a4 China updates purchase tax policy for new-energy vehicles

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Disclosure: Rob Maurer is long TSLA stock & derivatives

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