Tesla cars are now ‘quite old’ and the exclusive brand is at risk, analyst says – CNBC

Tesla cars are now ‘quite old’ and the exclusive brand is at risk, analyst...

Tesla's Model S and X cars are reaching the end of their product life cycle and will need a serious upgrade if the company wants to retain a luxury price tag, one auto analyst told CNBC. Tesla shares were largely unchanged in after-hours trade Wednesday, after the electric car maker posted a wider-than-expected first-quarter loss…

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