Morgan Stanley: Maintain Tesla's "overweight" rating, optimistic about the AI ecological breakthrough
2025-06-10 13:29:36
Despite the fall in Tesla's share price, Morgan Stanley analyst Adam Jonas reiterated his "overweight" rating and $410 price target for Tesla, noting that it also has advantages in areas other than electric vehicles. Jonas said that despite recent valuation pressures, Tesla has significant growth potential in physical AI capabilities such as autonomous cars, robotics, energy storage and manufacturing infrastructure.
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