Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020.
Aly Song | Reuters
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Tesla's rally to over $1,000 per share may show that the market is forgetting about the difficulties of running a car company, leaving investors at risk of a big pullback, Morgan Stanley said in a new note.
Analyst Adam Jonas said in a note to clients on Tuesday that, while he understands the potential that others see, it is hard to envision Tesla justifying its high price over the next decade.
