Loup Ventures’ Gene Munster says conventional cars will soon be viewed as “horses” compared with Teslas.
The closely followed venture capitalist spoke in a CNBC interview Friday after the electric-car maker’s CEO, Elon Musk, teased that he would make an announcement about the release date for the highly anticipated Model 3 car.
Musk did not elaborate on what details he will reveal on Sunday, but Munster predicts the Model 3 is going to be “particularly cheap if you look at total cost ownership.”
“The Model 3 is important, but what’s more important is this bigger shift. Every Tesla that is shipping today is going to be fully…