Morgan Stanley reinstates Tesla as a top pick. Here's why.
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Morgan Stanley analysts reinstated Tesla (TSLA) as the firm's top pick in the US automotive industry. The EV maker closed February 2025 as its second-worst month ever on record.
Yahoo Finance senior autos reporter Pras Subramanian weighs in on Morgan Stanley's commentary, including where investors are finding value as CEO Elon Musk commits more of his time to the Trump administration. Subramanian also weighs in on Chinese EV manufacturer BYD's (1211.HK, BYDDY) move to raise $5.2 billion via a share sale.
To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
This post was written by Luke Carberry Mogan.
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