Tesla margins will tighten as price cuts wage EV war: Morgan Stanley
Tesla (NASDAQ: TSLA) investors should prepare for tightening margins as price cuts wage a war between electric vehicle makers, Morgan Stanley said in a note. After reiterating an ‘Overweight’ rating and a $220 price target on the automaker’s stock, Morgan Stanley analysts said that the recent moves by EV makers across the industry to reduce … Continue reading Tesla margins will tighten as price cuts wage EV war: Morgan Stanley
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