John Keeble/GettyTesla stock will soar 40% as it dominates the zero-emission vehicle-credit market, according to Morgan Stanley.The bank named Tesla a 'Top Pick' in the US auto sector, replacing Ford.Tesla's cost-cutting initiatives and energy business growth are key drivers of the firm's bullish outlook.Tesla stock is going to soar 40% over the next year as it corners the zero-emission vehicle-credit market, according to a Monday note from Morgan Stanley.The bank named the EV company a "Top Pick" in the US auto sector, replacing Ford on the list.
Tesla Stock Has 40% Upside As A 'top Pick' As It Corners The Ev-credit Market, Morgan Stanley Says
mfox@businessinsider.com (Matthew Fox), Business Insider
Mon, 07/29/2024 - 12:17pm
Topics: top pick top pick john keeble/gettytesla adam jonas nasdaq s&p 500.jonas zev-market oems epa north america europe general motors stellantis gm stla finally ai tesla energy business insider tesla morgan stanley ford ev jonas zev upside corners credits companies quarter auto replacing sector billion compliance company bullish bank regulatory vehicle-credit monday drivers firm cost-cutting growth significant zero-emission autos combined recognized soar measures sales attention dominant climate electric worth position credit named potential
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