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Tesla Stock Jumps 6% After Morgan Stanley Lists It as a Top Pick

Morgan Stanley automotive analyst Adam Jonas thinks Tesla’s efforts to cut costs has trimmed some of the risk away from the electric vehicle stock.As a result, Jonas listed Tesla as a top pick in the

Tesla Stock Jumps 6% After Morgan Stanley Lists It as a Top Pick

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I didn't know she had been nice to so many people as well. This is wonderful, I'm on my fifth exchange with her and it's been fantastic. 36.</p></body></html>","text":"Wow. {Ansa~Tolan in ln$ttta¡grrramm. I'm a little perplexed to see her mentioned here as well. I didn't know she had been nice to so many people as well. This is wonderful, I'm on my fifth exchange with her and it's been fantastic. 36.","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/332759124738192","repostId":1172833275,"repostType":2,"repost":{"id":"1172833275","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1722262292,"share":"https://www.laohu8.com/m/news/1172833275?lang=&edition=full","pubTime":"2024-07-29 22:11","market":"us","language":"en","title":"Tesla Stock Jumps 6% After Morgan Stanley Lists It as a Top Pick","url":"https://stock-news.laohu8.com/highlight/detail?id=1172833275","media":"Tiger Newspress","summary":"Morgan Stanley automotive analyst Adam Jonas thinks Tesla’s efforts to cut costs has trimmed some of the risk away from the electric vehicle stock.As a result, Jonas listed Tesla as a top pick in the ","content":"<html><head></head><body><p>Morgan Stanley automotive analyst Adam Jonas thinks Tesla’s efforts to cut costs has trimmed some of the risk away from the electric vehicle stock.</p><p>As a result, Jonas listed Tesla as a top pick in the firm’s U.S. Autos segment, which was previously occupied by Ford.</p><p>Jonas maintained an overweight rating on Tesla stock with a $310 price target, implying more than 41% upside from Friday’s $219.80 close.</p><p>Tesla shares gained 6% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f4c1dbe9ba8281701e0ad391f59f3c4\" tg-width=\"872\" tg-height=\"631\"/></p><p>“The over $0.6bn of restructuring charges recognized by Tesla in the quarter, combined with other actions, has helped lower the breakeven point to levels where Tesla can still generate positive cash flow at an enterprise level, even with EV capacity utilization at 69% last quarter,” Jonas said.</p><p>“While Tesla is still making cars, we note the company is aggressively redeploying incremental resources, technology, people and capital away from the auto side of the house,” the analyst added.</p><p>Tesla has slipped nearly 12% in 2024. Shares of the EV firm posted their worst drop since 2020 following disappointing second-quarter results last week.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Jumps 6% After Morgan Stanley Lists It as a Top Pick</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Jumps 6% After Morgan Stanley Lists It as a Top Pick\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-07-29 22:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Morgan Stanley automotive analyst Adam Jonas thinks Tesla’s efforts to cut costs has trimmed some of the risk away from the electric vehicle stock.</p><p>As a result, Jonas listed Tesla as a top pick in the firm’s U.S. Autos segment, which was previously occupied by Ford.</p><p>Jonas maintained an overweight rating on Tesla stock with a $310 price target, implying more than 41% upside from Friday’s $219.80 close.</p><p>Tesla shares gained 6% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f4c1dbe9ba8281701e0ad391f59f3c4\" tg-width=\"872\" tg-height=\"631\"/></p><p>“The over $0.6bn of restructuring charges recognized by Tesla in the quarter, combined with other actions, has helped lower the breakeven point to levels where Tesla can still generate positive cash flow at an enterprise level, even with EV capacity utilization at 69% last quarter,” Jonas said.</p><p>“While Tesla is still making cars, we note the company is aggressively redeploying incremental resources, technology, people and capital away from the auto side of the house,” the analyst added.</p><p>Tesla has slipped nearly 12% in 2024. Shares of the EV firm posted their worst drop since 2020 following disappointing second-quarter results last week.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172833275","content_text":"Morgan Stanley automotive analyst Adam Jonas thinks Tesla’s efforts to cut costs has trimmed some of the risk away from the electric vehicle stock.As a result, Jonas listed Tesla as a top pick in the firm’s U.S. Autos segment, which was previously occupied by Ford.Jonas maintained an overweight rating on Tesla stock with a $310 price target, implying more than 41% upside from Friday’s $219.80 close.Tesla shares gained 6% in morning trading.“The over $0.6bn of restructuring charges recognized by Tesla in the quarter, combined with other actions, has helped lower the breakeven point to levels where Tesla can still generate positive cash flow at an enterprise level, even with EV capacity utilization at 69% last quarter,” Jonas said.“While Tesla is still making cars, we note the company is aggressively redeploying incremental resources, technology, people and capital away from the auto side of the house,” the analyst added.Tesla has slipped nearly 12% in 2024. 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