Owuraka Koney is the Equity Research Analyst at Jennison Associates. He joined Jennison in 2007. Prior to Jennison, he worked as an equity research associate covering the aerospace and defense sector at UBS. Owuraka received a BA in economics and political science from Williams College.
Rising competition in the electric vehicle space could not only put a crimp in Tesla’s growth rate, but diminish a big source of income as well.
We have owned Tesla for a decade and from day one we expected regulatory credits to go to zero within three years. They are comfortable without these regulatory credits and they make money when you exclude these credits and these non-recurring costs that they face.