Form SC 13G/A Tesla, Inc. Filed by: Musk Elon
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Morgan Stanley compares Rivian (RIVN) and Tesla (TSLA) at 50K milestone
March 14, 2023 7:50 AM EDTMorgan Stanley reiterated an Overweight rating and $26.00 price target on Rivian (NASDAQ: RIVN) as the automaker targets 50k units of production in 2023. When Tesla crossed the 50k unit milestone in 2015, it earned a positive 21.3% gross margin. However, analyst Adam Jonas estimates a negative 68% gross margin for Rivian.
Morgan Stanley spoke with management last... More
