Morgan Stanley's Influence on Tesla Price Affects Blockchain Market

On Thursday, Morgan Stanley (MS) took a significant step by revising Teslas price target, setting the stage for potential repercussions in the blockchain markets. The adjustment in the price target arrives amidst a period of waning demand in the electric vehicle (EV) sector, as major EV players endeavor to maintain stability in cash flow. MS Lowers Teslas Price Target According to a report by Yahoo Finance, MS has decreased its price target for Tesla from $345 to $320. The decision stems from concerns regarding the ongoing lag in EV demand despite price reductions. Additionally,...

source: https://tokenpost.com/Morgan-Stanleys-Influence-on-Tesla-Price-Affects-Blockchain-Market-11383

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Published by: Book Club
Source: NewsService