Tesla: Morgan Stanley raises target price
(CercleFinance.com) - On Monday Morgan Stanley raised its target price for Tesla shares from $400 to $430 (cp: $403, +2.
2%), while renewing its 'overweight' recommendation on them.
According to the analyst, Wall Street is increasingly beginning to realize just how crucial AI-related functionalities are set to play in the highly competitive electric vehicle market.
Given Tesla's recent stockmarket rally, Morgan Stanley believes that investors seem to have a better understanding of the group's advantages in data, robotics, energy storage, AI, manufacturing and infrastructure, not to mention the synergies potentially associated with Elon Musk's other companies, such as SpaceX or xAI.
Even so, the broker expects the financial community to become fully aware this year of Tesla's unique combination of expertise, over and above the current difficulties in the electric vehicle market, a factor which it believes should enable its multiples to continue to rise.
With the favorable AI theme, its bull case price target has been raised to $800, from $600 previously, with the stock remaining one of its current top picks.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
2%), while renewing its 'overweight' recommendation on them.
According to the analyst, Wall Street is increasingly beginning to realize just how crucial AI-related functionalities are set to play in the highly competitive electric vehicle market.
Given Tesla's recent stockmarket rally, Morgan Stanley believes that investors seem to have a better understanding of the group's advantages in data, robotics, energy storage, AI, manufacturing and infrastructure, not to mention the synergies potentially associated with Elon Musk's other companies, such as SpaceX or xAI.
Even so, the broker expects the financial community to become fully aware this year of Tesla's unique combination of expertise, over and above the current difficulties in the electric vehicle market, a factor which it believes should enable its multiples to continue to rise.
With the favorable AI theme, its bull case price target has been raised to $800, from $600 previously, with the stock remaining one of its current top picks.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.