Tesla's stock price rises 6% after receiving praise from Morgan Stanley for its autonomous driving progress

AASTOCKS
2025.10.27 17:46

Morgan Stanley analyst Adam Jonas praised Tesla (TSLA.US) on Monday for its success in the autonomous driving field, particularly in the development of robotaxis, which drove Tesla's stock price up more than 5%. He stated that self-driving cars have now crossed a significant hurdle and noted that Tesla's financial performance in the third quarter of the 2025 fiscal year could be a turning point. He quoted Tesla CEO Musk as saying that the company expects to achieve its goal of no safety driver in Austin, Texas, within two months.

Investors are also paying attention to a letter from Tesla board chair Robyn Denholm to shareholders, urging them to approve Musk's $1 trillion compensation plan and warning that if the plan is not supported, Musk may leave the company. As of the latest update, Tesla's stock price rose 6%, reaching $459.8

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.