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Tesla In 2018: Morgan Stanley Predicts An 'Extremely Volatile' Year

Between its solar segment, battery business and diverse auto units, Tesla Inc TSLA’s equilibrium rests multiple variables.

The firm is the paragon of diversification, but its guiding principle hasn't shielded it well from instability. Some on the Street expect Tesla's automotive exposure to trigger imminent stock volatility.

The Rating

Morgan Stanley analyst Adam Jonas maintains an Equal Weight rating on Tesla with a $379 price target. Read more

The price will try to break out the falling channel and form some upside.