Aspen Aerogels, Inc. Announces $100 Million Secured Loan Agreement with General Motors

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Morgan Stanley Bullish on Tesla (TSLA) heading in to 'disappointing year for EVs'

December 1, 2022 7:34 AM EST

Shares of electric vehicle maker, Tesla Inc. (NASDAQ: TSLA) are up 0.28% in pre-market trading on Thursday after Morgan Stanley reiterated an Outperform rating and $330.00 price target. Analyst, Adam Jonas believes that 2023 is shaping up to be a disappointing year for EVs.

Jonas wrote in a note, 2023 is setting up to be a narrative changing year as EV sales growth decelerates significantly from 68% YTD to as little as 15 to 20% growth next year. At... More

Citi Adjusts Ford (F); GM remains Top Pick

November 30, 2022 7:37 AM EST

Citi decided to update their General Motors (NYSE: GM) and Ford (NYSE: F) models following recent data points as well as GMs investor day. While Citi reiterated an $81 price target on GM, cementing the automakers position as a Top Pick, EPS estimates for Ford were cut slightly and the price target for the company was adjusted to $14 from $13.

The recent investor day cemented Citis conviction in GM, and they still see several... More