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

Tesla’s Worst-Case Price Target Slashed to $10 at Morgan Stanley Tesla Shares Could Drop to $10, Says Morgan Stanley – Tesla shares could drop as low as $10, Morgan Stanley analysts. from investment firms look at worst case scenarios and are not predictions of performance under normal circumstances. Morgan.

Morgan Stanley Piles Pressure on Tesla With $10 Worst Case Call. was the latest to cut its price target for the Elon Musk-run company to $340 from $400, saying concerns over demand, credibility.

The analyst’s radical $10 estimate for Tesla unsurprisingly attracted a lot of attention, and it did not take long before news of Morgan Stanley’s updated views made the rounds online.

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.

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.

Morgan Stanley Slashes Worst-Case Price for Tesla to $10 More (Bloomberg) — Tesla Inc. sustained another blow by Wall Street analysts as Morgan Stanley slashed its worse-case scenario for the share price to just $10 over concern the company has saturated the electric-car market.

Morgan Stanley analyst Adam Jonas has cut his worst-case price for Tesla Inc. (TSLA) to a jaw-dropping $10 from $97. Jonas cited the company’s rising debt pile, insufficient near-term demand and.

 · Tesla shares could drop as low as $10, Morgan Stanley analysts predicted Tuesday. The investment firm has lowered its bear forecast for the automaker from $97 to $10.

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May.21 — Tesla Inc. saw Morgan Stanley analysts slash the automaker’s worst-case scenario for the share price to just $10 on demand concerns. Bloomberg’s david welch reports on "Bloomberg Markets."

Tesla Inc. shares slid further on Tuesday after analysts at Morgan Stanley said their worst-case scenario for the stock is $10, mostly on concerns about faltering demand and worries that the Silicon valley car maker might have grown “too big.”

Tesla stock dipped below $200 a share in late-May as Morgan Stanley auto analyst Adam Jonas cut the firm’s worst-case.

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