Tesla Could Rocket To New Highs, Then Collapse: Morgan Stanley

Expect Tesla (TSLA) shares to be extremely volatile in 2018, as shares could hit a record high of 400 before facing headwinds and collapsing, a Morgan Stanley analyst said Tuesday.

XAutoplay: On | OffIn a note to clients, analyst Adam Jonas maintained an equal weight rating on Tesla with a price target of 379. But it came with a warning.

"From a shorter-term trading perspective, we anticipate Tesla's stock price may reach highs in the range of $400 or more over the next few months before...

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