Morgan Stanley reiterated its Equalweight rating and $415.00 price target for Tesla, endorsing the company's plan to add 100 GW of solar manufacturing capacity.

  • The solar expansion could add $20-$50 billion in equity value to the Energy business, though it remains a modest fraction of Tesla's $94.83 billion annual revenue.
  • Technical analysis suggests the stock needs to close above $434.86 to establish bullish momentum toward the $501.68 resistance level.
  • Tesla shares are currently trading at $422.65 (+1.28%) on February 10, following a close of $417.32 (+1.51%) the previous day.