Lates News

Morgan Stanley analyst Ryan Brinkman said Tesla investors should proceed with caution as Tesla faces a further risk of declining performance. Brinkman lowered his profit forecast for Tesla after the company's first-quarter delivery numbers last week fell short of expectations. Morgan Stanley lowered its first-quarter 2026 earnings per share expectation from $0.43 to $0.30, lowered its full-year 2026 expectation from $2.00 to $1.80, and lowered its 2027 expectation from $2.45 to $2.25. "We still believe that Tesla's stock price has as much as a 60% downside potential from our December 2026 price target of $145 and we recommend investors maintain a high level of caution with Tesla stock," the analyst wrote. He also added, "Given the significantly enhanced forward earnings expectations implied by the rising Tesla stock price, while at the same time consensus expectations for all performance indicators have been greatly lowered at least until the end of this decade, investors should be aware of execution risks and the time value of money."