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Benzinga
Benzinga
Business
Craig Jones

Mizuho Says This EV Company's Margins Are Ahead Of The Entire Industry

Mizuho Vijay Rakesh CNBC Mizuho Securities Tesla Inc. US Federal Reserve

On CNBC, Mizuho Securities analyst Vijay Rakesh said growth stocks have seen some headwinds in the recent period due to the prospects of rate hikes by the Federal Reserve.

He added that Tesla, Inc. (NASDAQ:TSLA) is a technology leader in the electric vehicle space and its growth and profitability margins are well ahead of other companies in the industry.

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