When fully autonomous vehicles hit the road en masse, we can expect fewer accidents, less traffic, and reduced tailpipe emissions. But according to two reports, we could also see sharp increases in the consumption of booze due to self-driving cars, and even more time spent staring at screens, binge watching and being bombarded by ads. In a recent report, Morgan Stanley predicted that booze will get a significant boost in sales since the technology could allow people to drink more if they know t
Tesla Motor's share price has been taking a tumble this week after a usually-bullish analyst cuts his future target by $117.
Analyst Adam Jonas at Morgan Stanley wonders out loud if Tesla stock could hit $465 thanks to self-driving car sharing vehicles. Some day.
In a entertaining video, Morgan Stanley explains why Tesla Motors could be the world's most important car company and says its stock price could multiply by ten. It could also possibly get cut in half.
It's still about a year away, but the arrival of the Tesla Model X is already expected to have a major impact on the premium SUV market. According to Morgan Stanley, the all-electric Model X, Tesla's third model following the Roadster and Model S sedan, is "ready to feast" on the current crop of high-end SUVs.
If you had to choose one automaker, out of the dozens out there on the marketplace, to identify as the single most important in the world, which would it be? Toyota, the world's largest automaker? General Motors, which once laid claim to the same and is still the largest in America? Volkswagen, the largest in Europe? Or maybe Hyundai, which has risen like a phoenix from the proverbial ashes to become the fourth largest in the world? Nope, nope and nope, says financial services company Morgan Sta
What makes a company important? Clothing companies are important because they help cover those of us not willing or able to sew up a storm. Housing companies shelter us. And who could live without whoever it is that makes pop rocks?*
Remember way back when we mentioned that Tesla's Gigafactory for batteries might prove to be a good investment opportunity, with its potential to bring cell prices down to a level that could make the forthcoming Tesla Model E affordable, not to mention attractive for massive amounts of renewable energy storage? Well, today the automaker's share price popped – we'd say exploded, but it's not as alliterative – up over 15 percent to hit an all-time $259.20 high. It seems market analysts
Where is Tesla Motor's stock headed? Morgan Stanley thinks the answer is down, down, down. Or, at least, less "up" than previously thought.
Yesterday, Tesla Motors received a vote of confidence from Wall Street as its shares rose sharply in response to an upgraded status from financial services firm Morgan Stanley. According to our friends at Huffpost Business, the report from Morgan Stanley indicates that the Silicon Valley-based EV manufacturer may be poised to join GM, Ford and Chrysler as "America's fourth automaker" amid rising gas prices and government support of electric vehicles. You can find the full analysis here and a rec
Throughout the morning and into the early afternoon hours, shares of Tesla Motors (TSLA) skyrocketed after Morgan Stanley analyst Adam Jones upgraded the automaker's rating from "equal weight" to "overweight." Jones, in what almost seems like an April Fool's Day-ish sort of prank, set a price target of $70 per share and declared that Tesla is "America's Fourth Automaker."
General Motors is getting ready for its Initial Public Offering, which is expected to occur later this year. Ahead of that, GM has announced that it will offer nearly 600,000 employees (current and retired) and dealers the opportunity to purchase stock at the opening IPO price.
Key General Motors advisor Stephen Girsky is parting ways with the company after less than one year. Word from the company is that travel between Detroit and his home and family in New York were too difficult. Girsky will leave the company at the beginning of next month, and look for a job closer to home.