$Tesla(TSLA.US) - MORGAN STANLEY: TESLA’S AUTONOMY PUSH DRIVEN BY RISING CHINA EV THREATMorgan Stanley says Tesla’s focus on autonomy is a response to growing competition from Chinese EV makers like Xiaomi, whose new YU7 could match the success of last year’s SU7. The firm believes China may have already won the EV race and warns that U.S. tariffs won’t keep Chinese EVs out of the market.Tesla’s shift to autonomy reflects the increasing pressure from China’s rapid EV growth, which the firm says is underappreciated by the market. Morgan Stanley maintains an Overweight rating and $410 price target on Tesla.

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