Overreacted! Morgan Stanley goes against the trend and is bullish on Tesla, with the stock price expected to rise by 75%.
I'm PortAI, I can summarize articles.
Tesla's stock price plummet has led analysts to believe that it is undervalued. Morgan Stanley reiterated its "overweight" rating on Tesla and predicted that its stock price could rise by nearly 75%. Morgan Stanley believes that Tesla is not just a car company, but also an energy, artificial intelligence/robotics company, and will benefit from advances in artificial intelligence and other technology fields. However, some analysts are cautious about their optimism towards Tesla, believing that consumer enthusiasm for electric vehicles has waned. Tesla's stock price has fallen by nearly 23% so far this year.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments