MS Massively Hikes Price Target on Tesla, Says Stock Could Almost Double(bloomberg.com)
bloomberg.com
MS Massively Hikes Price Target on Tesla, Says Stock Could Almost Double
http://www.bloomberg.com/news/articles/2015-08-17/morgan-stanley-massively-hikes-price-target-on-tesla-says-stock-could-almost-double
1 comments
Because:
'We view this business opportunity as potentially additive to Tesla's existing model of selling human-driven cars to private owners'
The article does not make very clear why Tesla would be in a better position then for example Apple, Google, Uber, Mercedes, BWM, etc, etc.
Some important things are mentioned. But I am not sure if they really excel in most of them.
Maybe MS wants the stock price up before Apple buys Tesla...
'We view this business opportunity as potentially additive to Tesla's existing model of selling human-driven cars to private owners'
The article does not make very clear why Tesla would be in a better position then for example Apple, Google, Uber, Mercedes, BWM, etc, etc.
Some important things are mentioned. But I am not sure if they really excel in most of them.
Maybe MS wants the stock price up before Apple buys Tesla...
From the article:
Tesla is uniquely positioned, in our view, to solve the biggest flaw in the auto industry, <4% utilization, via an app-based, on-demand mobility service.