Morgan Stanley makes a very bullish call on shares of the supercar maker.
Plus, Porsche’s risky path to public markets and the New Jersey deli at the centre of conspiracy charges
Like every business that goes public, Porsche has had to set out the risks it believes investors should know about. Europe’s energy crisis could drive its costs higher, Porsche warned, as it pointed out that the global chip shortage has not gone away. Porsche’s owner, Volkswagen, is braving this grim backdrop because it needs to fund its own costly adaptation to the era of electric vehicles.