What's Going On With Tesla Stock Today
Portfolio Pulse from Henry Khederian
Tesla Inc's shares are trading higher by 2.1% amid ongoing UAW strikes at the company's Big 3 rivals. Morgan Stanley maintained an Overweight rating and $400 on the stock. The strikes at Tesla's rivals can disrupt their production and supply chains, potentially giving Tesla a competitive advantage. The company might see opportunities to expand its production and sales during this period.
September 28, 2023 | 6:04 pm
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Tesla's stock is trading higher amid ongoing UAW strikes at its rivals. The strikes could disrupt their production, potentially giving Tesla a competitive advantage and opportunities to expand its production and sales.
The ongoing UAW strikes at Tesla's rivals could disrupt their production and supply chains, potentially giving Tesla a competitive advantage. This could lead to increased demand for Tesla's products, allowing the company to expand its production and sales, which could boost its revenue and profitability. Additionally, Morgan Stanley's maintained Overweight rating and $400 on the stock could also positively impact Tesla's stock price.
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