Morgan Stanley analyst Adam Jonas reiterated an Overweight rating for Tesla with a price target of $310, emphasizing the importance of AI execution for the company's future valuation.
Tesla's sales fell 43.2% in August, contributing to a broader decline in electric vehicle sales in the European Union.
Tesla Inc has filed a patent for a wireless charging system, potentially to be revealed at the delayed robotaxi event on October 10, following design changes requested by CEO Elon Musk.