Morgan Stanley: Tesla (NASDAQ:TSLA) the launch of ultra-low-priced

Morgan Stanley analysts expect Tesla (NASDAQ:TSLA) to launch a suite of technologies at ultra-low prices at an ultra-low price at the March 1 investor day to help promote the mass adoption of electric vehicles, which will be a key to the “third chapter of Tesla’s grand plan.” It noted that this Tesla investor day is likely to influence the market’s perception (and final valuation) of other brands of electric vehicles. Morgan Stanley analysts have given Tesla stock a “buy” rating with a $220 price target.

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