We have lower expectations for valuation multiples in the auto industry, says CFRA's Garrett Nelson

Garrett Nelson, CFRA Senior Analyst, joins 'Power Lunch' to discuss Nelson's decision to trim Tesla's price target but retain the rating, if Tesla's already priced in much of the success they will have, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi 

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