Investment bank Morgan Stanley continues to be one of Tesla’s biggest cheerleaders as it reasserts that the firm’s future is dependent on humanoid robots and the AI revolution. Tesla’s stock has been on a consistent downward trend this year as investors question the firm’s vehicle deliveries. The shares dropped by 10% during trading yesterday before closing the day 2.6% lower after they jumped following a market rumor about President Trump deciding on a 90-day reprieve for his tariff announcements. In its note, Morgan Stanley maintains an Overweight rating on Tesla shares, maintains its $410 share price target and keeps the […]
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