Tesla stock tumbles as Trump/Musk relationship blows up
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Morgan Stanley on Tesla (TSLA): 'Well That Escalated Quickly... ', 'prepared for the stock to give up more'
June 6, 2025 7:56 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $410.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "Wanted to share a few 'pith and marrow' thoughts in the wake of the public disagreement between Elon Musk and President Trump. 1. Credits. We do not believe the phasing out of EV tax credits from the BBB (Big Beautiful Bill) is material to the long term outlook for TSLA. 2. Distraction. We believe Tesla's recent... More
