Tesla Inc. and Netflix Inc. may have first-mover benefits in their categories but that’s where the similarities end for the companies, Ark Investment Management analyst Brett Winton wrote in a Twitter post on Tuesday.
What Happened
The Tesla bull analyst was responding to early-stage venture SK Ventures’ co-founder Paul Kedrosky’s view that there are parallels between the two companies and their stocks.Kedrosky said Tesla had likely reached a peak in 2021 for its market share and margin, given the “gobsmacking” number of EVs being introduced in the market.
