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Friday, March 29, 2024

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  1. jabobeast

    Morgan Stanley still dreamy over Tesla Motors • 8:39 AM

    As if Morgan Stanley hasn't done enough to kickstart enthusiasm over Tesla Motors (TSLA), analyst Adam Jonas is out with a new bullish report on the EV automaker.

    Jonas says his price target of $320 is actually on the conservative side if Tesla can achieve battery cost per kWH of below $150.

    The large scale of the planned Tesla gigafactory and lower battery costs is a recipe for exploding revenue, according to MS.

    TSLA +2.4% premarket to $256.56.



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