{"id":128079,"date":"2024-11-20T16:04:28","date_gmt":"2024-11-20T09:04:28","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=128079"},"modified":"2024-11-20T16:04:28","modified_gmt":"2024-11-20T09:04:28","slug":"morgan-stanley-weighs-in-on-tesla-stock-as-federal-self-driving-policy-heats-up","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=128079","title":{"rendered":"Morgan Stanley Weighs in on Tesla Stock as Federal Self-Driving Policy Heats Up"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div id=\"\">\n<p><strong>Tesla (<a href=\"https:\/\/www.tipranks.com\/stocks\/tsla\/forecast\">NASDAQ:TSLA<\/a>)<\/strong> shares have been enjoying an extended moment in the winter sun following Trump\u2019s election win. Since November 5, the stock has already surged by 38%.<\/p>\n<div>\n<h2>Don&#8217;t Miss out on Research Tools:<\/h2>\n<\/div>\n<p>The momentum continued this week, bolstered by a Bloomberg report stating that Trump\u2019s transition team has informed advisors that establishing a federal framework for fully autonomous vehicles will be a priority for the Transportation Department. This development aligns with Tesla\u2019s autonomous vehicle ambitions and has fueled optimism among investors about Elon Musk\u2019s potential role in influencing policies critical to the company\u2019s growth.<\/p>\n<p>Morgan Stanley analyst Adam Jonas notes that the recent surge in Tesla\u2019s stock underscores the type of catalysts that often drive volatility in TSLA shares.<\/p>\n<p>While Jonas believes the potential reduction in IRA consumer tax credits may already be factored into the stock price, he argues that Tesla\u2019s \u201cleadership in embodied <a data-autolink=\"true\" href=\"https:\/\/www.tipranks.com\/compare-stocks\/artificial-intelligence\">AI<\/a> and autonomous technology\u201d along with potential policy drivers, may not yet be fully reflected in the shares.<\/p>\n<p>That said, investors should keep a lid on expectations regarding a speedy path to autonomous driving getting the go-ahead. While Jonas thinks a reassessment of national self-driving policies is an inevitability, the analyst believes Tesla still faces \u201csignificant hurdles to overcome\u201d related to technology, testing, and the permitting necessary for commercialization. Additionally, Jonas anticipates that individual US states and metropolitan areas will \u201ccontinue to have the greatest say on final deployment.\u201d<\/p>\n<p>The analyst also notes that his TSLA projections through 2030 do not factor in any production of the Cybercab, and his Network Services and Mobility forecasts exclude fully unsupervised FSD in \u201cany appreciable commercial scale.\u201d<\/p>\n<p>In Jonas\u2019 SOTP (sum-of-the-parts) model, he values Tesla Mobility (rideshare) at slightly over $50 per share. \u201cWe do not implicitly assume mass deployment of autonomous vehicles in our Tesla Mobility forecast until the mid 2030s,\u201d the analyst further said.<\/p>\n<p>So, what does this ultimately mean for investors? Jonas rates Tesla shares an Overweight (i.e., Buy), although his $310 price target implies the stock is now overvalued by 10%.<a> <\/a>(To watch Jonas\u2019 track record, <a href=\"https:\/\/www.tipranks.com\/experts\/analysts\/adam-jonas\">click here<\/a>)<\/p>\n<p>Broadly, the analyst consensus offers a mixed view. Of 34 analysts covering TSLA, 10 rate it a Buy, while 16 recommend a Hold, and 8 suggest a Sell. This balance leans toward a Hold (i.e. Neutral) consensus rating. Most analysts believe the stock\u2019s recent rally has pushed it too high, with the average price target of $232.64 sitting ~33% below the current trading price. (See <a href=\"https:\/\/www.tipranks.com\/stocks\/tsla\/forecast\"><strong>Tesla stock forecast<\/strong><\/a>)<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><a href=\"https:\/\/www.tipranks.com\/stocks\/tsla\/forecast\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"550\" src=\"https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/11\/image-612-1024x550.png\" alt=\"\" class=\"wp-image-1543606\" srcset=\"https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/11\/image-612-1024x550.png 1024w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/11\/image-612-300x161.png 300w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/11\/image-612-768x412.png 768w, https:\/\/blog.tipranks.com\/wp-content\/uploads\/2024\/11\/image-612.png 1205w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/a><\/figure>\n<\/div>\n<p>To find good ideas for stocks trading at attractive valuations, visit TipRanks\u2019\u00a0<a href=\"https:\/\/www.tipranks.com\/stocks-to-buy\">Best Stocks to Buy<\/a>, a tool that unites all of TipRanks\u2019 equity insights.<\/p>\n<p><em>Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.<\/em><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.tipranks.com\/news\/morgan-stanley-weighs-in-on-tesla-stock-as-federal-self-driving-policy-heats-up\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla (NASDAQ:TSLA) shares have been enjoying an extended moment in the winter sun following Trump\u2019s election win. Since November 5, the stock has already surged by 38%. Don&#8217;t Miss out &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=128079\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-128079","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/128079","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=128079"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/128079\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}