careful shorting this guys.
Morgan Stanley Places $800 "Bull Case Price Target" on TSLA
In a note to investors on Monday, the bank suggested that TSLA stock could jump to $800 in a year. According to Morgan Stanley, AI has become more critical for the automaker's outlook as the EV sector becomes more competitive.
Boding well for the outlook of TSLA stock, Elon Musk's firm has a meaningful edge over other firms in network services and autonomous ridesharing, according to Morgan Stanley.
The bank contends that Tesla can entice the owner of its EVs to pay subscription fees to it.
While we acknowledge the potential of TSLA, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame.
https://finance.yahoo.com/news/why-tsla-climbing-today-193617353.html
It opened at $395 today and the market is up. Simmer Down lol