Tesla (TSLA) stock is advancing 2.5% after Morgan Stanley issued an upbeat note on TSLA stock. The investment bank, which continues to identify TSLA as a top pick, expects the company’s total addressable market (TAM) to rise going forward.
Tesla shares fell Tuesday, extending recent losses amid concerns about tariffs, weak Chinese sales, and souring sentiment, with analysts at Bank of America lowering their price target for the stock.