Tesla has been attracting quite a lot of eyeballs on Wall Street lately, not because its core auto business is doing particularly well, but due to its renewed focus on autonomous vehicles (AVs) and humanoid robots, thereby unlocking a substantially higher Total Addressable Market (TAM) and driving a litany of stock price upgrades in the process. Today, it is the turn of Morgan Stanley’s Adam Jonas – an avowed Tesla permabull – to delineate his bullish case for the high-flying stock. Morgan Stanley Raises $TSLA PT to $430 from $400 – Overweight Analyst comments: “As interest in autonomous vehicles (AVs) […]
