Tesla is a top pick at Morgan Stanley

Tesla rises 2% as Morgan Stanley backs AI, robotics efforts with 'top pick' status
Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle maker as its top U.S. auto pick, saying the company's artificial intelligence and robotics efforts could power growth even as the mainstay car business stumbles.
Tesla is a top pick at Morgan Stanley amid its AI and robotics metamorphosis
Tesla (NASDAQ:TSLA) is still a top pick at Morgan Stanley despite recent softening sales trends. Analyst Adam Jonas thinks Tesla's (NASDAQ:TSLA) softer auto deliveries are emblematic of a company in the transition from an automotive pure play to a highly diversified play on AI and robotics.
Tesla shares surge 2% as Morgan Stanley reinstates top US auto pick
Industry data showed Tesla sales fell 45% in Europe in January while overall EV sales jumped 37% in the region.
Tesla Stock Gains as Morgan Stanley Calls EV Maker Its 'Top Pick' for US Autos
Key Takeaways Tesla was named the "Top Pick" for U.S. auto firms by Morgan Stanley, which pointed to the EV maker's moves into AI and robotics.Morgan Stanley has an "overweight" rating and $430 price target for Tesla.
Tesla stock pops as Morgan Stanley predicts shares rally to $430 on AI and robotics play
Tesla shares rose 2% on Monday as Morgan Stanley analyst Adam Jonas said he sees shares of the EV giant rising to $430 as it diversifies into artificial intelligence and robotics.
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