Tesla share Price: Tesla stock worth just $10 in worst case. – Further falls in Tesla Inc’s share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their worse-case scenario for the electric car producer to just $10.
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Jonas lowered his "bear case" for Tesla shares from a previous estimate of US$97, which assumes Tesla misses its current sales forecast in China by about half, and kept a price target of US$230. The stock fell 2.6 per cent to US$200 in pre-market trading. Tesla has drawn criticism for weak deliveries.
Morgan Stanley analyst Adam Jonas has cut his worst-case price for Tesla Inc. (TSLA) to a jaw-dropping $10 from $97. Jonas cited the company’s rising debt pile, insufficient near-term demand and.
May.21 — Tesla Inc. saw Morgan Stanley analysts slash the automaker’s worst-case scenario for the share price to just $10 on demand concerns. Bloomberg’s Da.
Of course the Tesla fanbois call conspiracy yet Adam Jonas is a huge Musk sycophant (certainly the now former – after this $10 call – king of the Tesla analyst fanbois) and he and a lot of other analysts are now rushing to take their price targets down.
(Reuters) – Shares of Tesla Inc were on track for a fifth straight session of losses on Tuesday, as Morgan Stanley analysts outlined a worst case scenario that could see the electric carmaker’s stock price fall as low as $10. Another brokerage, Baird, was the latest to cut its price target for the.
Tesla stock dipped below $200 a share in late-May as Morgan Stanley auto analyst Adam Jonas cut the firm’s worst-case.
The analyst’s radical $10 estimate for Tesla unsurprisingly attracted a lot of attention, and it did not take long before news of Morgan Stanley’s updated views made the rounds online.
Morgan Stanley out with a jaw dropping worst case price target going from $97 dollars to just $10. Yahoo Finance's Jen Rogers, Myles Udland and Melody Hahm discuss. Morgan Stanley cuts worst-case price for Tesla to $10 [Video]
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Morgan Stanley has cut Tesla’s ‘worst case’ price target to $10 (May 2019); what are the odds Tesla goes bankrupt in 2019?
Morgan Stanley Piles Pressure on Tesla With $10 Worst Case Call. was the latest to cut its price target for the Elon Musk-run company to $340 from $400, saying concerns over demand, credibility.