$Tesla(TSLA.US) - MORGAN STANLEY ON TESLA: "PREPARED FOR MORE DOWNSIDE, BUT LONG-TERM BULLISH"
Morgan Stanley’s Adam Jonas reiterated an Overweight rating and $410 price target on Tesla, despite the stock’s recent dip following Musk’s feud with Trump. Key points:🔸 EV tax credit cuts aren’t a major long-term concern.🔸 Tesla’s recent rally was driven by hopes Musk would refocus on the company.🔸 The Trump clash may temporarily hurt demand across the political spectrum.🔸 Core strengths in AI, robotics, energy, and infrastructure remain intact and largely apolitical.🔸 Expect near-term volatility, but long-term growth in Tesla’s AI and tech assets is underappreciated.Jonas says Tesla’s future potential outweighs current EV market pressures.The copyright of this article belongs to the original author/organization.
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