Tesla (TSLA) Stock Gains Amid Optimistic Analyst Rating

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3 days ago
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Tesla (TSLA, Financial) shares rose over 1.5%, reaching $254.54. Morgan Stanley maintained its "overweight" rating on Tesla and set a price target of $410. Despite concerns over core automotive profit margins and potential tariff-related supply risks, analyst Adam Jonas's team believes Elon Musk has refocused on Tesla, particularly in the areas of autonomous driving and robotics. These developments have set crucial milestones, satisfying Tesla's loyal supporters. The firm advises investors to remain patient while the vision of autonomous driving translates into revenue and cash flow.

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