Tesla share profits, as Morgan Stanley Ev Maker, names his “top selection” for US cars

Tesla (TSLA) shares calculated higher on Monday after Morgan Stanley had made the electric vehicle (EV) his “top election” in the US automotive sector, while the company extends its reach to artificial intelligence (AI) and robotics.

Analyst Adam Jonas wrote in a reference to customers that Tesla’s deliveries from Tesla were mainly below expectations, but he did not see it as a “particularly narrative change”. Instead, Jonas said that this was “a symbol of a company in the transition from an automotive game” Pure Game “for a highly diverse game about AI and robotics”.

Jonas argued that Morgan Stanley, when AI changes from the digital world to the physical world, will see the Teslas technology acceptance model (TAM), which is used in self-driving cars and other applications, “continue to expand to broader domains”.

Jonas, who has a “overweight” rating for the stock, said that he believed that Tesla had an upward trend of more than 50% compared to Morgan Stanley’s price target of $ 430 with a “Bull Case” scenario of USD 800. He added that the deliveries of the 2025 financial year could possibly fall to “create an attractive entry point for our preferred AI name”.

The Tesla shares, which rose 2% to around 299 US dollars on Monday morning, rose by almost 50% last year.