Morgan Stanley: Tesla Stock Could Hit $1,900 (w/video)
Morgan Stanley’s latest Tesla Motors stock prediction is extremely bullish.
On March 12th, Morgan Stanley analyst Adam Jonas and colleagues published a video presenting the bull case on Tesla.
The video suggests that Tesla’s research-heavy, customer-focused business model will revolutionize the automobile industry.
“This is a hyper-ambitious company, and the only one we cover whose stock price can realistically multiply by ten. It can also get cut in half. But we think patient investors will be rewarded…”
$1,900 for TSLA stock is not beyond reach, according to Morgan Stanley.
*Disclaimer: InsideEVs holds no Tesla positions of any kind. Additionally, InsideEVs is not a financial site. The predictions/statements listed above come via Morgan Stanley.