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Morgan Stanley Likes Tesla's Future

A new report from a team at Morgan Stanley predicts Tesla stock will 'multiply' by ten as it becomes one the top companies in the U.S. and revolutionizes the auto industry.

A new report from a team at Morgan Stanley predicts Tesla stock will 'multiply' by ten as it becomes one the top companies in the U.S. and revolutionizes the auto industry.

A team of Morgan Stanley analysts are bullish on Tesla, and are making a bold prediction.

Led by analyst Adam Jonas, the team calls Tesla much more than a car company because of its product development, research and customer interaction.

Tesla is on the cutting edge of lithium-ion battery development and manufacturing. A market that’s expected to grow by as much as 500% over the next five years.

The company is also ahead of the game on software development and stacked with employees who specialize in it.

Jonas also looked at the company’s stellar customer service reputation, how it deals with customers and its direct sales model.

He says when you put it all together, Tesla is on pace to revolutionize the auto industry, and make it one of the most valuable companies in the U.S.

More about Morgan Stanley’s bullish stance on Tesla on IndustryWeek.

IndustryWeek is an NED companion site with Penton’s Manufacturing and Supply Chain Group

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