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Zenger
Zenger
Business
Anan Ashraf

UNCOVERED: Tesla faces uphill battle in ev adoption as q3 deliveries fall short - The Untold Story

HMorgan Stanley analyst Adam Jonas discussed the challenges facing electric vehicle (EV) adoption in light of Tesla Inc‘s (NASDAQ:TSLA) third-quarter delivery figures falling below estimates. PYHOTO BY MICHAEL FORTSCH/UNSPLASH

Morgan Stanley analyst Adam Jonas discussed the challenges facing electric vehicle (EV) adoption in light of Tesla Inc‘s (NASDAQ:TSLA) third-quarter delivery figures falling below estimates.

Jonas has maintained an “overweight” rating on Tesla stock with a price target of $400, which he set last month on expectations that Tesla’s supercomputer, Dojo, could unlock new markets for the EV giant and catapult its enterprise value by a staggering $500 billion.

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