Tesla Inc (TSLA) Stock: Bulls And Bears Battle Over EV Infrastructure

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Tesla Inc (TSLA) Stock: Bulls And Bears Battle Over EV Infrastructure
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Tesla Inc (TSLA) stock is off and running out of the gate this morning after one perma-bull raised his price target for what he sees as the company’s biggest competitive advantage. He believes that the EV maker’s Supercharger infrastructure and Gigafactory combine to create that advantage: EV infrastructure.

However, another firm also weighed in on Tesla Inc (TSLA) stock this week, but its analysts seem to see production problems with the Model 3 as a concern that outweighs the EV maker’s advantages. In short, it appears that Morgan Stanley is pitted against Barclays in this latest round of the bulls versus the bears over Tesla stock.

Morgan Stanley analyst Adam Jonas has an Equal-weight rating on Tesla Inc (TSLA) stock, but he’s actually a perma-bull despite that rating. He boosted his price target from $317 to $379 in a note to investors on Tuesday, citing the automaker’s charging infrastructure.

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