Morgan Stanley Slashes Worst-Case Price for Tesla to $10

www.bloomberg.com/news/articles/2019-05-21/tesla-bear-case-price-cut-to-10-at-morgan-stanley-on-weak-sales

MORGAN STANLEY: lowers its “bear case” on $TSLA to $10. pic.twitter.com/C0Ffug1ATx

— Carl Quintanilla (@carlquintanilla) May 21, 2019

Ouch. Certainly seems to have hit the stock price a bit premarket, although I note that they’re maintaining (for now) a baseline price target of $230.

AC