Morgan Stanley Downgrades Tesla, Citing AI Aspirations Already Reflected in Stock Price
Morgan Stanley Downgrades Tesla: Morgan Stanley has downgraded Tesla to "Equal Weight," citing that the stock is fully priced as investor focus shifts to robotics and AI, with a new price target of $425 indicating a potential 6.6% drop.
Earnings Risks and Market Position: Analyst Andrew Percoco anticipates uneven trading for Tesla over the next year due to earnings pressure, while the average Wall Street price target is now $388, with a mix of buy, hold, and sell ratings.
Elon Musk's Focus on AI and Robotics: Despite a softening demand for vehicles, Elon Musk continues to emphasize Tesla's ambitions in self-driving technology, AI, and humanoid robots, with a $60 per-share valuation placed on the Optimus program.
EU Fine on X and Musk's Response: The European Commission fined X €120 million for regulatory breaches, prompting Musk to criticize the EU and call for its abolition, which received support from U.S. officials who view the fine as an attack on American tech platforms.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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