Big Oil Should Fear Tesla – Dead or Alive

Oil prices may be on the floor, but we still use a lot of the stuff – and Big Oil still rakes in billions from that. So why should it be scared of Tesla, which makes electric vehicles hardly anyone can afford and burns cash like you burn through a tank of gas? Because unlike the oil behemoths, investors can’t wait to give Tesla more of their money. Bloomberg Gadfly's Liam Denning explains. (Source: Bloomberg)

Full Show: Bloomberg Daybreak: Americas (09/12)
56:02 - Bloomberg Daybreak: Americas hosted by David Westin, Jonathan Ferro, and Alix Steel. Guests include Sen. Pat Toomey, Klaus Zellmer, president and chief executive officer at Porsche Cars North America, and Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch. (Source: Bloomberg)
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