And if stock price reflects not past performance, but "risk-adjusted future cash flows," as Tesla CEO Elon Musk tweeted in April, then investors must believe that Tesla has a bright future as an autonomous transport industry leader.
ADVERTISEMENT
There's one question anyone interested in owning Tesla should ask themselves (TSLA)
A new Morgan Stanley research note asks the question: Is Tesla a must-own strategic asset?
Tesla CEO Elon Musk
ADVERTISEMENT
But a new Morgan Stanley research note asks a key question:
According to Morgan Stanley equity analyst Adam Jones, Tesla investors — and board members — need to ask themselves "
Jones believes soon talk surrounding the risk in investing in Tesla will intensify.
ADVERTISEMENT
"As both traditional auto and non-traditional tech firms make further headway into the world of miles and data," writes Jones, "we believe the discussion around the value, the opportunity and the risks of an investment in Tesla will evolve, if not accelerate."
FOLLOW BUSINESS INSIDER AFRICA
ADVERTISEMENT
Recommended articles
Best live dealer casino: Top USA live casinos online
Best real money online casinos USA: Top 10 casino sites in 2024
OPEC excited about partnership with Namibia
The US loses to Russia and China in popularity across Africa
Top 10 most valuable South African brands in 2024
Africa's giants play tug of war for the top economic spot
Morocco is making giant strides to become Africa's aviation manufacturing hub
Hackers test their ransomwares in less protected regions like Africa before striking richer nations: Report