This Tesla bull expects another ‘volatile' year for EV maker

Tesla Inc. is looking at another “volatile, idiosyncratic year” as it faces challenges in its core automotive business, with no high-volume new product in 2024 and increased competition for electric vehicles.That’s from Morgan Stanley analyst Adam Jonas, a known Tesla bull. Jonas kept the equivalent of a buy rating on Tesla’s stock TSLA, +2.16%, which remains a top pick for him. He has a price target of $380, a 45% upside over Wednesday prices. Jonas also revealed that he gets “pushback” from some investors ...