Tesla Cars Losing Popularity Among Democrats, Says Investment Bank As Morgan Stanley Admits Potential 2025 Delivery Drop
Tesla's favorability score among Democrats and Republicans is shifting, according to a fresh analyst note from Stifel that keeps a $474 share price and a Buy rating on the stock. Stifel's note follows trepidation among investors about its CEO Elon Musk's proximity to and role in the Trump administration. The stock has lost nearly a quarter of its value year-to-date, but the investment bank believes that Musk's proximity can help the firm with unsupervised full self-driving (FSD) and help it generate long-term value. Stifel was joined by Morgan Stanley, which maintained its Overweight rating and $430 share price target and […]