23-11-2016 20:03 via feedproxy.google.com

Morgan Stanley is starting to show some serious Tesla skepticism (TSLA)

Morgan Stanley's lead auto analyst Adam Jonas cut his price target for Tesla's stock to $242 from $245 on Wednesday. 
Tesla shares were trading up slightly, about 2% to $195 Wednesday afternoon. 
Jonas has been a reliable Tesla bull, but he's wrestling with some of the electric automaker's recent moves, as well as CEO Elon Musk's projections for the future.
For starters, Jonas said in a note to clients that Tesla's destiny lies with building vehicles and moving people around: We c
Read more »