opened at $33). But Morgan Stanley, whose price target for Tesla is $650, cautioned that investors' expectations for Tesla may be too high.
"We believe $1,000/share discounts outcomes that, while plausible, may ignore a host of execution/market risks," the bank said in its Monday note. Morgan Stanley currently gives Tesla an "underweight" rating, which means the bank expects Tesla shares to produce a lower return over the next 12-18 months than those of other companies in its industry.
Are you a current or former Tesla employee? Do you have an opinion about what it's like to work there? Contact this reporter at
Well uber loses billions every year so that's not so impressive.
Morgan Stanley said Uber would IPO at 120 billion dollars. Thieves.
You mean it will lose half as much money, right? Uber make money, what’s that all about?
They’re gonna launch us to space with electricity—
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