$Tesla(TSLA.US) - MORGAN STANLEY REITERATED AN OVERWEIGHT RATING AND $410 PRICE TARGET ON TESLAJonas highlights the growing convergence of AI research and manufacturing, calling it a new era of &#34;embodied AI.&#34; He compares the rise of autonomous vehicles and robots to past tech revolutions like the airplane or internet—initially uncomfortable, but inevitable due to cost and safety benefits.He estimates that one humanoid robot earning $5/hour could replace two humans earning $25/hour, creating an NPV of ~$200K per robot. Similarly, AI-powered robotaxis could significantly reduce ride-share costs per mile.

Morgan Stanley

Tesla

MORGAN STANLEY DEP SHS REPS 1/1000 PFD SER 'A'

MORGAN STANLEY DEP SHS REPS 1/1000 7.125% PFD E

MORGAN STANLEY DEP SHS REPR 1/1000TH INT PFD SER 'F' FX

MORGAN STANLEY NON-CUM DEP SH REP 1/1000 PFD SER I

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MORGAN STANLEY 4.875 DEP SHS REP 1/1000 NCUM PFD SR L

MORGAN STANLEY DEP SHS EA REP 1/1000 SHS NON CUM PFD O

MORGAN STANLEY 6.5%DEP SHS REPSTG 1/1000 NON CUM SER P

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Walter Bloomberg