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Tesla bull case upped to $500 at Morgan Stanley

|About: Tesla, Inc. (TSLA)|By: , SA News Editor

Noting the newly unveiled Cybertruck and a more optimistic scenario for China, analyst Adam Jonas raises his bull case price target on Tesla (NASDAQ:TSLA) to $500 from $440, suggesting as much as 50% upside from today's close.

"We are prepared for a potential surge in sentiment in H1 2020 but question the sustainability."

Shares are up 0.7% after hours.

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