Tesla deliveries face hit from China slowdown, soft demand

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Go back to Tesla deliveries face hit from China slowdown, soft demand

Despite poor sentiment, Morgan Stanley still sees Tesla (TSLA) stock price doubling

March 28, 2024 10:35 AM EDT

Despite 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.

"We... More