Financial “Analysts” That Humiliate Themselves With Tesla Forecasts

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Morgan Stanley’s Adam Jonas now has raised its main price for Tesla to $1050 per share. This is below the current $1450-1600 trading range for Tesla. Adam Jonas has a bull case of $2500. The $1050 case is based upon Tesla selling 3 million cars per year in 2030. In December 2019, Morgan Stanley’s Adam…

Financial “Analysts” That Humiliate Themselves With Tesla Forecasts
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Morgan Stanley’s Adam Jonas now has raised its main price for Tesla to $1050 per share. This is below the current $1450-1600 trading range for Tesla. Adam Jonas has a bull case of $2500. The $1050 case is based upon Tesla selling 3 million cars per year in 2030. In December 2019, Morgan Stanley’s Adam Jonas said he sees Tesla selling 100,000 Cybertrucks by the end of 2024, at an average price of $50,000. Jonas believes Tesla’s Gigafactory in China could perform better than anticipated and reach a production rate of 450,000 units per year by 2024/2025. In December 2019,
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