*Walter Bloomberg|Jun 10, 2025 15:28
TSLA - MUSK'S PUBLIC CLASH WITH TRUMP LIKELY CALCULATED, SAYS MORGAN STANLEY
Morgan Stanley suggests Elon Musk's public clash with President Trump is a calculated strategy to draw attention to U.S. fiscal issues, a top priority for Musk. Despite potential negative sentiment toward Tesla’s brand, the firm believes this was anticipated by management. Musk’s political involvement is inseparable from his role at Tesla, and investors may underestimate his willingness to face criticism. Continued discord could increase Tesla stock volatility, but Morgan Stanley remains confident in Tesla’s long-term vision, reiterating an Overweight rating and 410 price target. They highlight Tesla’s strengths in AI, robotics, energy storage, and infrastructure as unmatched growth opportunities beyond traditional EVs.
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