GM's Cruise plans to enter 'a large number of markets' in 2023

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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