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Morgan Stanley Raises TSLA Bull Case to $500 Due to Expected Tesla Cybertruck Sales and Gigafactory 3 Production Volume

December 06, 2019 0 Comments

Morgan Stanley raised its TSLA (NASDAQ: TSLA) bull case to US$500 because of Elon Musk’s Cybertruck and Tesla’s Gigafactory 3 production volume. Despite its new optimistic outlook on TSLA shares, Morgan Stanley maintains a bear case of US$10 for the electric car maker and still believes Tesla stock is overvalued in general. 
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