MMorgan Stanley TTesla · TSLA

Morgan Stanley Reiterates $800 PT on Tesla

Oct 28, 2025· 1 min read· Reproduced verbatim
Rating
Buy
Price target
$800
Previous
Implied upside
+77%

Morgan Stanley analyst Adam Jonas reiterated on October 28, 2025, an ‘Overweight’ rating and $800 price target on Tesla.

“We think the proposal for Tesla’s investment in xAI deserves more attention.

Among a range of possibilities, we believe the proposal may be a ‘testing of the waters’ for further investment/cooperation between Tesla and xAI down the road.

Tesla’s progress in robotics would benefit from xAI’s progress in AGI.

Data sharing between the two ‘related parties’ (bi-directional) may ultimately benefit from closer cooperation over time from a legal perspective.

We reiterate our Overweight rating on $TSLA and note our bull case remains $800.”

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