Prominent investment bank boosts Tesla price target by $150

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The Street

By Ian Krietzberg Tesla’s (TSLA) – Get Free Report stock has rallied more than 100% throughout 2023 as the company has worked to cement itself as the leader in the electric vehicle sector. But debate among analysts and investors around the actual value of the car company has raged on, centered around a fundamental question: Is Tesla a tech giant or a car company? To Morgan Stanley (MS) – Get Free Report analyst Adam Jonas, it’s a bit of both, with an important caveat; Tesla’s largest revenue opportunity stems not from its cars but from its software and services. Related: Here’s why the Tesla b…

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