Tesla Stock Recovers After Significant Drop Amid Production Boost and Analyst Buy Recommendation

Reported about 20 hours ago

Tesla stock rebounded on Tuesday after experiencing its worst drop in five years, influenced by CEO Elon Musk's announcement of plans to double US production and supportive comments from President Trump. Morgan Stanley's analyst Adam Jonas also recommended buying the stock, viewing recent declines as a buying opportunity, despite ongoing concerns about negative sentiment and sales challenges faced by Tesla.

Source: YAHOO

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