Morgan Stanley raises Tesla target price to $475 after analyst replacement

According to reports, after JPMorgan replaced its chief analyst in the automotive industry, its attitude towards Tesla has turned neutral. After replacing Ryan Brinkman, Rajat Gupta raised Tesla's target price to $475 and adjusted its rating to hold. Brinkman had long been bearish on Tesla, predicting that its stock price would fall to $145. Gupta praised the unique advantages of Tesla's vertical integration model in the report, stating that this has not been fully recognized.