1 Wall Street Analyst Thinks Tesla Stock Is Going to $310. Is It a Buy?
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Anticipation is building for Tesla's "We, Robot" event on Oct. 10, where CEO Elon Musk is expected to discuss the company's growth amid recent EV demand weakness. Tesla's stock is down following Q3 production and delivery numbers, which met analyst expectations but disappointed some investors. Morgan Stanley's Adam Jonas maintains an overweight rating on Tesla, projecting a 27% upside, citing the potential of AI and robotaxi services as future revenue drivers. The upcoming event may clarify Tesla's AI strategy, impacting stock performance as EV demand remains crucial.
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