Trump, Musk public feud escalates; Nasdaq falls; Tesla, DJT tumble,
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
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
