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Tesla Motors, Inc (NASDAQ:TSLA), General Motors Company (NYSE:GM) - Analysts: Tesla Semi A Distraction

Share: Few doubt that Tesla, Inc. (NASDAQ: TSLA) has deep pockets, but some wonder whether the electric vehicle company should bite the bullet and abandon one of its most highly anticipated but long delayed product offerings: the futuristic Tesla Semi truck. Tesla should drop or spin off its Semi efforts to someone else, said Michael Ramsey, a vice president and automotive analyst with Gartner. It s a different business and a distraction. That assessment was echoed by Sam Abuelsamid, a research analyst leading Guidehouse Insights electric mobility team. Abuelsamid likened Tesla and the Semi to Nikola Motors(NASDAQ: NKLA)and the Badger, the electric pickup truck that was discontinued recently following the renegotiated deal between

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