Six years after ride-sharing as we know it emerged, and some years before autonomous cars climb on to our roads, Morgan Stanley is drooling at the potential prospects for the alcoholic beverages industry. The investment bank has come up with a consumption model that suggests the global market for alcoholic beverages could spike by up to $250 billion over the next decade, and boost the fortunes of beverage giants Constellation Brands and Brown Forman, besides restaurant chains such as BJ’s Restaurants and Buffalo Wild Wings, and automaker Tesla. “Shared and autonomous vehicle technology could help address the mutual exclusivity of…
Tesla Could Get A Boost Thanks To Your Mother
Bala Murali Krishna