Published on 14 Jan 2025 on Benzinga
Tesla Shares Rise Over 2% After Hours On Morgan Stanley's Price Target Hike, FSD...
Tesla Inc. TSLA shares rose more than 2% in after-hours trading on Monday, driven by Morgan Stanley’s increase in its price target and positive developments in its Full Self-Driving technology, according to prominent Tesla bull Gary Black.
What Happened: Morgan Stanley raised its price target on Tesla to $430 from $400 and increased its bull case to $800, citing opportunities in autonomous rideshare and robotaxi services, noted Black, managing partner of The Future Fund LLC, in posts on X.