Commerce Secretary’s former investment firm hands Musk’s Tesla a rating boost
Craig Trudell and Subrat Patnaik | Bloomberg Stock analysts at Cantor Fitzgerald, the firm long led by now-Commerce Secretary Howard Lutnick, upgraded their rating on Tesla Inc., the carmaker run by White House adviser Elon Musk. Tesla’s shares are a buy after having fallen almost 45% this year, Cantor analyst Andres Sheppard wrote in a