Morgan Stanley raises Tesla's target stock price to $400!
Morgan Stanley's Adam Jonas raised Tesla's target share price by 60% from $250 to $400 per share and raised the rating (from equal weight) to overweight.
The main reason is that Tesla has reviewed the evaluation of the supercomputer “DOJO” developed in-house. DOJO will improve the adoption rate of mobility (robo-taxis) and network services (SaaS), and it is said that up to $500 billion can be added to Tesla's corporate value.
$Tesla(TSLA.US$
The main reason is that Tesla has reviewed the evaluation of the supercomputer “DOJO” developed in-house. DOJO will improve the adoption rate of mobility (robo-taxis) and network services (SaaS), and it is said that up to $500 billion can be added to Tesla's corporate value.
$Tesla(TSLA.US$
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