Tesla (TSLA) shares are trading higher after Morgan Stanley raised its price target to $400 from $310, maintaining an Overweight rating. The firm also reaffirmed its top-pick status for the electric vehicle manufacturer.

Analyst Adam Jonas suggests that the potential Trump-era backlash against electric vehicles will be short-lived, as the United States aims to maintain its leadership in autonomous driving technology.

Market Domination Hosts Julie Hyman and Josh Lipton break down the details.

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This post was written by Angel Smith