Tesla Bull Adam Jonas Thinks Tesla Will Make A Phone, Elon Musk Hopes It Won't Be Needed
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has indicated that while Tesla has the capability to build a phone, he hopes it won't be necessary. This follows a prediction by Morgan Stanley analyst Adam Jonas that Tesla will eventually make a phone as the lines between phones and cars blur. Musk has given mixed signals about this possibility over the past week.
June 13, 2024 | 8:39 am
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Elon Musk has indicated that Tesla could build a phone, although he hopes it won't be necessary. This follows a prediction by Morgan Stanley analyst Adam Jonas that Tesla will eventually make a phone. Musk's mixed signals could create short-term uncertainty for investors.
The mixed signals from Elon Musk regarding Tesla's potential entry into the smartphone market could create short-term uncertainty for investors. While the capability exists, Musk's hope that it won't be necessary may lead to a neutral impact on the stock price in the short term.
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