Tesla shares get a boost after Morgan Stanley raises price target to $379

Tesla shares saw a boost on Tuesday after Morgan Stanley raised the stock’s 12-month price target from $317 to $379. Analyst Adam Jonas told investors that electric vehicles are expected to reach 520 million units by 2040 and any automaker looking to compete within the sector must have a plan for a charging infrastructure. “Infrastructure (of lack thereof) is the ‘elephant … Continue reading Tesla shares get a boost after Morgan Stanley raises price target to $379