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Tesla Named Top US Auto Pick by Morgan Stanley, Stock Surges

Analysts highlight Tesla's cost-cutting measures, energy business potential, and dominance in zero-emission vehicle credits.

  • Tesla shares rose over 5% after Morgan Stanley's endorsement.
  • The bank set a price target of $310, citing a 40% upside potential.
  • Tesla's energy business could surpass its auto segment in value.
  • Zero-emission vehicle credits are a significant revenue stream for Tesla.
  • Concerns remain over the commercialization of autonomous driving technology.
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