Tesla is peeling away from the pack.
The automaker’s head starts in developing electric and autonomous vehicles are solidifying its lead over the rest of the industry as the Covid-19 pandemic weighs on car sales and disrupts supply chains, Ark Invest analyst Tasha Keeney told CNBC’s “Trading Nation” on Thursday.
Shares of Tesla closed up nearly 3% on Thursday even though the company placed last in JD Power’s Initial Quality Survey, which tracks the problems new car owners have within their first 90 days of purchase. Tesla’s first-ever profile in the widely followed report measured 250 problems per 100 of its vehicles, far above the average of 166.
Ark Invest’s long-term price targets for…