Morgan Stanley optimistic about Tesla's future due to diverse assets and capabilities.
From Yahoo Finance: 2025-05-20 10:16:00
Early 2025 has been tough for Tesla stockholders with profits and sales down. Elon Musk’s popularity decline is blamed, but Morgan Stanley remains optimistic about the company’s future. Tesla’s fall from grace was sudden, with sales dropping despite rising EV demand. Analyst Adam Jonas rates Tesla as a “top pick” due to its diverse assets and capabilities.
Morgan Stanley’s analysis is based on D.R.E.A.M.S – Data shows Tesla has over 7 million vehicles on the road, Robotics for car production, Energy with electrical batteries, AI for self-driving cars, Manufacturing as a vertically integrated company, and Space with SpaceX. Analyst Jonas sees Tesla thriving in the long term due to these advantages.
Jonas rates Tesla as Overweight with a $410 price target, believing the company is undervalued. Other analysts have varying price targets, with Stifel seeing Tesla hitting $450 and Wedbush predicting $475. Jonas’s confidence in Tesla’s future is based on its capabilities beyond being a car company, making it an attractive investment opportunity.
Read more at Yahoo Finance: Why Morgan Stanley Remains Bullish On Tesla