Tesla Stock Dips After Morgan Stanley Rating Cut

Teslas stock dipped by over four percent following Morgan Stanleys downgrade, despite a new price target. The companys Shanghai factory saw a surge in deliveries, and it received a substantial tax credit certification. Despite todays drop, Teslas stock is still up fifteen percent this year, and a $1,000 investment five years ago would now be worth over $2,000.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.