Tesla deliveries face hit from China slowdown, soft demand
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Despite poor sentiment, Morgan Stanley still sees Tesla (TSLA) stock price doubling
March 28, 2024 10:35 AM EDTDespite the pressure on Tesla (NASDAQ: TSLA) shares, Morgan Stanley analysts maintained an Overweight rating and a price target on the stock at $320 in a note this week.
The bank cut its first-quarter Tesla deliveries forecast to 425,000 vs. 469,400 previously.
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