30-05-2017 20:29 via feedproxy.google.com

Morgan Stanley is wrong — electric cars aren’t going to take over (TSLA)

Morgan Stanley's "Global Autos & Shared Mobility" team of analysts published a research note on Tuesday highlighting numerous aspects of its overall thesis on the transformation of transportation.
They covered a lot of ground, but let's focus on what's actually its most radical prediction. 
According to lead analyst Adam Jonas and his team, Morgan Stanley is "bullish on EV penetration and universally cautious on the long-term viability of the 100-year-old internal combustion engine (ICE
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