On September 28, 2023, Morgan Stanley reiterated coverage of Tesla (NASDAQ:TSLA) with an Overweight recommendation. The average one-year price target for Tesla is 244.62, representing a 1.71% increase from its latest closing price of 240.50.

Fintel reports that the projected annual revenue for Tesla is 118,517MM, with a 26.04% increase. The projected annual non-GAAP EPS is 5.70. There are 4194 funds or institutions reporting positions in Tesla, with an average portfolio weight of 1.16%.

Vanguard Total Stock Market Index Fund Investor Shares holds 84,022K shares of Tesla, representing 2.65% ownership. Geode Capital Management holds 51,657K shares, representing 1.63% ownership. Capital World Investors holds 42,273K shares, representing 1.33% ownership. Invesco Qqq Trust, Series 1 holds 32,723K shares, representing 1.03% ownership.

Tesla’s mission is to accelerate the world’s transition to sustainable energy. The company offers high-performance electric vehicles and a full suite of energy products, including solar and storage solutions. Fintel provides comprehensive investing research data, including fundamentals, analyst reports, ownership data, and more. Learn more about Fintel’s exclusive stock picks and advanced quantitative models for improved profits.

Read more at Nasdaq: Morgan Stanley Reiterates Tesla (TSLA) Overweight Recommendation