Morgan Stanley Retains $310 Target, Bernstein Holds at Underperform with $120 Price on Tesla

Morgan Stanley suggests that Tesla’s growth projection of a 50% CAGR (compound annual growth rate) for volume throughout the decade might be difficult to achieve, as Tesla’s unit volume has declined nearly double digits year-over-year in the first quarter of 2024 and is expected to continue falling for the rest of the year. Despite this, … Continue reading Morgan Stanley Retains $310 Target, Bernstein Holds at Underperform with $120 Price on Tesla