Wall Street cast a vote for the pure electric auto play, today. A blog on Forbes.com tells us,
Tesla Motors (TSLA) shares are skyrocketing this morning after Morgan Stanley analyst Adam Jones raised his rating on the electric car company’s stock to Overweight from Equal Weight, setting a $70 price target and declaring the company to be “America’s Fourth Automaker….”
This is an article worth reading. There’s a lot more. Morgan Stanley makes some powerful declarations.