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Trying to lower down the price before earning report..

Morgan Stanley Cuts Tesla Price Target to $345 From $380

Morgan Stanley head of global auto research Adam Jonas expects Tesla’s fourth-quarter results on Wed

Morgan Stanley Cuts Tesla Price Target to $345 From $380

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Jonas’ forecast implies nearly 63% upside from Friday’s $212.19 close.</p><p>“Global EV momentum is stalling,” Jonas said. “The market is over-supplied vs. demand. We anticipate Tesla’s 2024 outlook to be cautious on volume and profitability.”</p><p>Tesla stock gains 1% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fcab87babec002b60e0f50588eaca44b\" title=\"\" tg-width=\"793\" tg-height=\"624\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://redboxglobal.com","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2405089978","content_text":"Morgan Stanley head of global auto research Adam Jonas expects Tesla’s fourth-quarter results on Wednesday to be hurt by overall slower electric vehicle momentum.Jonas reiterated an overweight rating on the EV stock but lowered his price target to $345 per share from $380. 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