Musk, Tesla shareholder to propose a stay of pay ruling during appeal
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Morgan Stanley Says 'You can't have Western EVs without China'
February 15, 2024 6:12 AM ESTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $345.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "You can't have Western EVs without China. Western car companies have come to realize that mass EV adoption and China are inextricably linked. Strict trade barriers on China EV supply will mean far lower EV adoption in the West. Diversification from China comes at a price of cost and time. On-shoring EV and battery supply may take decades and will face a barrage of environmental and permitting impediments. We are... More
