Tesla’s Worst-Case Price Target Slashed to $10 at Morgan Stanley

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A look at social media platforms such as Twitter, for example, would reveal some Tesla critics stating that the $10 worst-case estimate was Morgan Stanley’s new price target for TSLA stock. This is untrue, but these instances all but highlight how easy it is for misconceptions about the electric car maker could spread.

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 · Morgan Stanley said the car giant could lose 95 percent of its value in the coming year should tensions with China escalate and weaken demand for its vehicles. Analyst Adam Jonas slashed his “bear case” scenario for Tesla, suggesting shares could be worth $10 to $391, with a price target of $230. Tesla has come [.]

influential morgan stanley auto analyst adam Jonas maintained his price target of $230 per share. What’s getting a lot of people talking in his extreme bear-case scenario price target cut, from $97 to.

A look at social media platforms such as Twitter, for example, would reveal some Tesla critics stating that the $10 worst-case estimate was Morgan Stanley’s new price target for TSLA stock. This is untrue, but these instances all but highlight how easy it is for misconceptions about the electric car maker could spread.

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Of course the Tesla fanbois call conspiracy yet Adam Jonas is a huge Musk sycophant (certainly the now former – after this $10 call – king of the Tesla analyst fanbois) and he and a lot of other analysts are now rushing to take their price targets down.

Morgan Stanley analysts slashed their worst-case scenario for Tesla’s stocks from $97 to just $10 a share Tuesday a day after the electric car maker’s stocks dropped 4.4 percent in midday.

Alarm bells are now ringing more loudly over Tesla’s mounting money problems and the downward spiral of its stock price. Morgan Stanley sees the outlook for Tesla as so bleak it slashed its.

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