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Morgan Stanley: Not Owning Tesla Stock Is a Great Risk – Business Insider
Biden’s bill, analysts at Morgan Stanley said, will exacerbate Tesla’s advantage over legacy players and new entrants altogether.
Among the companies that stand at an advantage ahead of President Joe Biden’s massive infrastructure bill is Tesla, according to Morgan Stanley analysts, and owning the stock they say may be a bigger risk than not.
Biden’s $2 trillion infrastructure proposal carved out $174 billion for the electric vehicle sector alone, as the president aims to better equip American companies to compete with China, which is currently the market leader in the electric vehicle space.
Analysts at Morgan Stanley led…
