Wall Street is warning Tesla’s new SUV could ‘cannibalize’ its Model 3. Here’s what analysts are saying about the Model Y. (TSLA)

Tesla revealed its highly anticipated Model Y crossover SUV on Thursday at the company’s design studio in Hawthorne, California. On Friday, analysts said the newly released vehicle — production for which is expected to begin next year — has the potential to claw demand away from the Model 3. Watch Tesla trade in real-time.

Wall Street on Friday digested what Tesla‘s Model Y unveiling could mean for the electric automaker, but analysts spilled as

Continue reading...