DB Resumes Auto Coverage, Tesla Top Pick

"We prefer GM over Ford"

At the core, we do not see Tesla as an automaker but rather a technology platform attempting to reshape multiple industries, deserving of a unique type of valuation framework.

Db resumes coverage of US automakers with an excellent pushoff of the US auto industry. The graphics show a stressed buyer, and a squeezed seller. They also cover all the majors and some new EV minors.