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Morgan Stanley Advises Investors to Focus on Long-Term Amid Tesla Stock Volatility
Morgan Stanley Advises Investors to Focus on Long-Term Amid Tesla Stock Volatility
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Tesla's stock faced significant turbulence last week as a public feud between Elon Musk and former President Donald TRUMP escalated on social media. The clash, which involved threats to federal subsidies and personal jabs, led to a $152 billion erosion in market value. Investors reacted swiftly, though analysts suggest the drama may be overblown.
Morgan Stanley's Adam Jonas, a prominent Tesla bull, downplayed the impact of the EV tax credit phase-out from the so-called 'Big Beautiful Bill.' 'We do not believe this is material to Tesla's long-term outlook,' Jonas noted, urging investors to maintain perspective. The broader market implications remain uncertain as political and corporate tensions intersect.
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