Morgan Stanley Reiterates Equalweight Rating on Tesla (TSLA)
Morgan Stanley analyst Andrew Percoco has reiterated an Equalweight rating and a $400.00 price target on shares of Tesla, Inc. (NASDAQ: TSLA). The investment bank's reaffirmed stance highlights a neutral near-term outlook on the electric vehicle manufacturer, balancing ongoing long-term potential in automated driving and energy storage against near-term operational and valuation considerations. The Equalweight rating indicates Morgan Stanley views Tesla's risk-reward profile as balanced at current trading valuations. With price expectations held steady at the $400 benchmark, analysts and institutional investors will continue monitoring Tesla's quarterly vehicle delivery metrics, manufacturing margins, and broader autonomous vehicle roadmap to determine potential catalysts for future share re-ratings.