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M Stanley: Tesla (TSLA.US) 1Q Car Deliveries Miss Expectations, Rating Overweight
03 Apr 2025 10:28
Morgan Stanley's research report covered Tesla (TSLA.US), which delivered 337,000 vehicles in 1Q25, trailing behind expectations. Despite the anticipated decline, whether Tesla’s stock price can outperform the broader market will hinge on its performance in June in Austin, Texas, where Musk plans to launch an unsupervised FSD Tesla ride-hailing service.

The broker assigned a target price of USD410 on Tesla and maintained an Overweight rating, asserting that the current challenges facing Tesla’s business have been widely reported and are well-known, while the opportunities in its future business may be hugely underestimated.
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Stock & Type Code Strike(Call Level) Last Effective Gearing
TSLA (C) 10441 350 (-) 0.125 7.2 X
TSLA (C) 10591 300 (-) 0.680 3.3 X
TSLA (P) 10468 250 (-) 0.350 4.1 X
TSLA (P) 10604 190 (-) 0.290 2.5 X

 

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