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Benzinga

Business

Shanthi Rexaline

RARE PHOTOS: Raw material shortages may not be hurting tesla right now but this other shortfall might - The Real Truth

Tesla Inc. Jonas Fremont Morgan Stanley Ukraine

Following a tour of Tesla Inc's (NASDAQ:TSLA) Fremont factory, Morgan Stanley analyst Adam Jonas came away confident of the company's ability to emerge unscathed from the Ukraine crisis-induced raw materials shortages.

What Happened: Tesla has long-term contracts in place that will act as a hedge against any hike in raw material prices, Jonas said. The impact of commodity pressure was already evident in the EV maker's fourth-quarter results, the analyst noted.

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