Fisker can rise more than 160% and be a winner in the electric vehicle boom, Morgan Stanley says

Published Tue, Aug 10 20216:36 AM EDTUpdated Tue, Aug 10 20218:18 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Henrik Fisker (R) greets an attendee in front of his Fisker Ocean SUV, January 7, 2020 at the 2020 Consumer Electronics Show (CES) in Las Vegas, Nevada.

Robyn Beck | AFP | Getty Images

Fisker is blazing its own trail in the increasingly competitive electric vehicle space, and that strategy is poised to create major upside for investors, according to Morgan Stanley.