Tesla Shares Rise Over 2% After Hours On Morgan Stanley's Price Target Hike, FSD Breakthroughs: Gary Black Highlights Key Drivers

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What Happened: Morgan Stanley raised its price target on Tesla to $430 from $400 and increased its bull case to $800, citing opportunities in autonomous rideshare and robotaxi services, noted Black, managing partner of The Future Fund LLC, in posts on X.

Tesla Inc.(NASDAQ:TSLA) shares rose more than 2% in after-hours trading on Monday, driven by Morgan Stanley’s increase in its price target and positive developments in its Full Self-Driving technology, according to prominent Tesla bull Gary Black.

It's always difficult to discern cause and effect, but here's my guess:1/ Elon's re-post of a tweet from @philipengberg that FSD v13.2 is showing a 750% efficacy increase to 724 miles per… — Gary Black (@garyblack00) January 14, 2025 The ...

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Author / Journalist: Kaustubh Bagalkote

Category: Technology

Markets: United States

Topics: Kaustubh Bagalkote Benzinga Equities News Gary Black US88160R1014 JPM TSLA Markets US46625H1005 Benzinga neuro Elon Musk Mobility Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-14 @ 01:48:07 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Benzinga

News ID: 25135852

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