Tesla is moving up after hours. $748 and climbing. Morgan Stanley turned has gone very bullish on Tesla. Morgan Stanley analyst Adam Jonas raised the price target on Tesla to a ‘Street High’ $810.00 (from $540.00) while maintaining an Overweight rating. They have a Bull Case of $1,232.
If both Georgia senate seats go Democrat then some form of the Green New Deal is on the table and Tesla would get huge credits. Elon could pass Bezos by the end of this week.
Elon Musk’s net worth was at was at $175 Billion yesterday and was $11 billion from Bezos at $186 Billion. Tesla stock is up $20 over its close yesterday. This gets Elon to about $179 billion. If Tesla went to $810.
Amazon was up 1% today. Bezos is at $188 billion.
If Tesla goes to $810 this week or this month, then Elon will become the richest person in the world.
Tesla Daily reviews the Morgan Stanley calling Tesla “the Chosen One”.
SOURCES- Street Insider, Bloomberg, Tesla Daily, Morgan Stanley
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)