The big news over the weekend: Morgan Stanley upgrades Tesla and makes it a top pick with analyst Adam Jonas predicting 60% rally. Tesla Catches an Upgrade. It’s an AI Stock "Morgan Stanley analyst Adam Jonas upgraded shares of Tesla (ticker: TSLA) to Buy from Hold on Sunday. His price target went to a Wall Street high of $400 a share, up from $250 a share. He calls Tesla his top pick." We've been targeting TSLA at $400 and points north for several months based on our 240 Minute Trading Model and its Fibonacci extension tool. TSLA 240 Minute Trading Model Trade Management Just a few days left in these Sep 15th calls, so if you are stil holding, please roll any positions from the first table into the positions in the second, longer term, table. September 2023 Monthly Expiration Longer Term Strategic Positions More from Morgan Stanley: Morgan Stanley Upgrades Tesla, Says "Dojo" Supercomputing Effort Could Unlock $10 Trillion TAM
