Volatility in sight: Morgan Stanley: Tesla's assessment is tricky | message



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On August 1, Tesla presents its latest quarterly report. Already in advance, many investors are wondering if Tesla's share is a buy. But even the American Grobank Morgan Stanley does not find an easy answer.

Large fluctuations due to Musk's tirades

Tesla's share has taken a rollercoaster ride in recent weeks. Driven by tweets, rumors and hard facts, newspapers reach a steep path up or down. The verbal explosions of the CEO Elon Musk – whether at a conference of badysts or on Twitter – have generally resulted in heavy losses. On the other hand, positive results, such as achieving the production goal, pushed the stock much higher.

However, according to a customer announcement, the well-known Tesla bulls face far too many problems for the group. These include the aforementioned overflows of the CEO, but also the request for reimbursement of funds already paid to suppliers.

Estimate of the Difficulty of Sharing Tesla

Morgan Stanley's experts have discussed these issues with investors to try to have a sense: "Our discussions with investors have shown that the l '# 39; Unanimous opinion prevailed in the market with liquidity problems. "The demand for suppliers to partially repay the funds paid underpins this badumption.

Musk's private escapades are also hard for investors to accept: "Over the past few weeks, the dominant theme has always been business-driven, which makes it difficult to protect investors," according to Grobank badysts . Tesla's share is superficially sensitive to Elon Musk and not to the figures, developments or achievements of the Tesla Group per se.

For these reasons, Morgan Stanley calls a valuation on the part of Tesla now "extremely demanding". The ranking of the titles kept them "neutral" until further notice. Investors must wait until volatility is established.

Writing finanzen.net

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image sources: Justin Sullivan / Getty Images, pio3 / Shutterstock.com, Bjoern Wylezich / Shutterstock.com, Ken Wolter / Shutterstock.com

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