Sell Tesla shares because BMW, Audi competition is coming: JP Morgan

Tesla's electric car sales will suffer due to increased competition from German automakers, according to J.P. Morgan. The firm reaffirmed its underweight rating for Tesla shares, citing the electric car pipelines from Mercedes-Benz, BMW and Audi. "Tesla has, to date, faced relatively little competition in the … social experiment by Livio Acerbo #greengroundit