D.R. Barton on Varney & Co: Before You Short Tesla, Consider This…

Condemnations of Tesla are rampant. These range from accusations of problems with their manufacturing to warnings that they are “burning cash.” But a new development in the company has spurred confidence among investors, and the stock is now in the green. The company recently announced that it plans to expand overseas. It intends to build a plant in Shanghai, China, which has the capacity to support a production of 5 million cars annually. Elon Musk is in China right now, putting together new plans for working on batteries and cars. Click below to hear more about it in this episode of Varney & Co., and see what D.R. Barton has to say about the latest developments in the market.

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