5 months after a Merrill analyst compared Tesla Motors (TSLA) CEO Elon Musk to Steve Jobs,...

|By:, SA News Editor

5 months after a Merrill analyst compared Tesla Motors (TSLA) CEO Elon Musk to Steve Jobs, Jefferies' Jesse Pichel effectively declares Tesla to be the Apple of automakers. Pichel asserts Tesla's cars offer better range and performance than competing electric vehicles, and considers its Model S to be competitively priced relative to other luxury sedans. He also thinks its shares could be ripe for a short squeeze.