By Ritesh Anan
Ira Ehrenpreis, founder of DBL Partners and board member at Tesla Motors Inc TSLA 0.33%, had the conviction to invest in Tesla when few believed that it could one day transform the automotive industry. He was on CNBC Wednesday to explain the importance of thegigafactory and to discuss what type of company Tesla is.
“[The] gigafactory is just the next step in fulfilling this mission of sustainable energy transport and also sustainable energy generation,” Ehrenpreis began. “Now, the company has been really a consummate example of what innovation can achieve.”