UPDATE: Morgan Stanley Downgrades Tesla Motors to Underweight

According to Morgan Stanley, Tesla Motors TSLA is downgraded to Underweight. Morgan Stanley said that the metamorphosis from concept stock to reality stock brings heightened risk. “Tesla shareholders are long a near-dated call option on Model S launch and a longer-dated call on mass EV adoption. The former has appreciated handsomely while the latter is declining. We downgrade Tesla to UW from OW.” Tesla Motors closed yesterday at $34.19.
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Posted In: Analyst ColorDowngradesAnalyst RatingsMorgan Stanley
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