Tesla Stock price target raised by Morgan Stanley

Morgan Stanley analyst Adam Jonas has just increased his target price for Tesla stock to $1500, from his previous figure of $1200, maintaining his ‘overweight’ status on the EV maker’s stock.

He says it’s likely that Tesla is ‘accelerating’ it’s lead over other EV makers, and even surmises that Tesla could make other EV makers “obsolete”. While I wouldn’t go that far, it’s clear to me that the Tesla phenomenon is very much worth keeping in your portfolio!


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