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Morgan Stanley’s Adam Jonas weighs in on Elon Musk’s ‘Tesla Masterplan part 2’, predicts ‘Tesla Mobility’ again

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Adam Jonas, Morgan Stanley’s analyst covering Tesla, has been predicting a new “on-demand mobility service” program for the automaker ever since he had a very one-sided conversation with Elon Musk in which the CEO said a lot by refusing to answer a question about whether the company plans on offering a service like Uber or maybe partnering with the startup.

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Elon Musk teases a new autonomous ‘Tesla Mobility’ service

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Tesla CEO Elon was in Norway today where he gave a keynote address at a government sponsored conference on ‘Future transport solutions’. Musk gave a quick presentation and then sat down for a public talk with Minister of Transport and Communications, Ketil Solvik-Olsen (picture above).

His presentation was titled:”How to reduce global warming through renewable energy production and consumption“. He shared his views about the necessities to accelerate the transition to a post fossil fuel economy in a similar way as he did during his Paris talk last year.

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Morgan Stanley increases its price target for Tesla’s stock to $465 and predicts “Tesla Mobility”

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Adam Jonas, Managing Director at Morgan Stanley, published a note yesterday to update the firm’s price target on Tesla’s stock to $465 from $280.  The updated price target includes a whole new business segment called “Tesla Mobility” which Jonas expects Tesla to announce within the next 12 to 18 months.

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