Tesla Inc (TSLA)

[jimmybob]

Tesla the 'ultimate high-risk name in autos,' says Morgan Stanley
Morgan Stanley analyst Adam Jonas, in a note titled "Tesla's Next Move: $200 or $400?," said he sees the next three months as the most critical period in Tesla's history since the launch of the Model S six years ago, making the stock "the ultimate high-risk name in autos." Jonas estimates that the consensus view on Model 3 production reaching 5,000 per week "is somewhere around 3Q'18 or 4Q'18 at this point," but he doesn't expect a 5K/week run-rate to be achieved before late in the fourth quarter. Ahead of Tesla's upcoming Q1 earnings report, Jonas trimmed his price target on the stock to $376 from $379 and keeps an Equal Weight rating on Tesla shares