Morgan Stanley lowers its Tesla price target to US$410 (from previously $430)

  • Morgan Stanley remain optimistic on the firm

Morgan Stanley analysts have reduced their Tesla price target from $430 to $410

  • citing lower projected vehicle deliveries for 2025—1.61 million, down from 1.92 million

Despite the adjustment, maintains an Overweight rating on the stock

  • revision does not significantlyy alter the TSLA investment thesis
  • Morgan Stanley remain optimistic about Tesla's AI advancements and its potential in humanoid robotics
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