This Tesla Bull Expresses More Confidence in Energy Storage than Robotaxis and FSD V12.

Quick Summary:

Morgan Stanley analyst Adam Jonas on Thursday reiterated his positive outlook for EV giant Tesla (NASDAQ:TSLA) despite increased earnings pressure and forecasts of increased volatility in the near term.

Jonas sees this increasing to 400 billion miles per year or over 1 billion miles per day by 2030, offering Tesla a monumental dataset for machine learning and subsequently improving its attempts at autonomous driving.

What Happened: Jonas expects heightened volatility for Tesla stock in the next six months, owing to earnings pressure and the transition from an auto company to an AI and robotics company.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Anan Ashraf

Category: Technology

Markets: United StatesSweden

Topics: Analyst Color Tech Morgan Stanley TSLA Elon Musk Analyst Ratings US88160R1014 Mobility EVs Adam Jonas News Electric vehicles Benzinga Top Stories

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-12 @ 12:16:07 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20671932

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 40 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions