I see regular cars like horses compared to Musk’s Teslas

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…

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