Morgan Stanley: Robotaxi contributes $120 per share to Tesla's (TSLA.US) price target; Roadster highlights potential technology synergies with SpaceX
Zhito Finance APP has learned that Morgan Stanley stated in a research report released on October 16 that Tesla's (TSLA.US) new-generation Roadster sports car demonstrates impressive engineering and technical strength. Its rocket version can accelerate from a standstill to 60 miles per hour (about 96.6 kilometers per hour) in less than 0.59 seconds, with a top speed exceeding 230 miles per hour (about 370 kilometers per hour), and can even briefly lift off the ground with the help of a propulsion system developed by SpaceX. Morgan Stanley believes that although the Roadster's contribution to Tesla's sales and earnings per share may be minimal in the short term, this model fully demonstrates Tesla's technological innovation capabilities and the potential for technological synergy between it and SpaceX.
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