Morgan Stanley Adjusts Tesla’s Q1 Delivery Forecast and EPS Projections

Morgan Stanley upheld its Overweight rating on Tesla and maintained a price target of $320. Morgan Stanley revises Tesla’s first-quarter delivery forecast to 425.4k, down from the previous estimate of 469.4k, representing a 0.6% year-over-year growth. Additionally, the full-year 2024 delivery projection has been adjusted to 1,954k from 1,998k, indicating an 8.1% year-over-year growth. Furthermore, … Continue reading Morgan Stanley Adjusts Tesla’s Q1 Delivery Forecast and EPS Projections