Is Amazon a friend or foe of the auto industry? Morgan Stanley isn’t sure

Morgan Stanley’s widely followed auto analyst Adam Jonas is closely watching what Amazon’s doing in the electric vehicles space, but he hasn’t decided if the online giant will be a friend or foe of established carmakers like General Motors.

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Traders work on the floor of the New York Stock Exchange, October 30, 2018.Health insurer's stock plummets after Congressional investigation into short-term plans