Everand Logo

Welcome to Everand!

  • Los Angeles Times

    Could Tesla merge with SpaceX? A Morgan Stanley analyst raises the possibility

    by Russ Mitchell, Los Angeles Times May 22, 2019 3 minutes

    Morgan Stanley stock analyst Adam Jonas told clients Wednesday that if Tesla's troubles continue, it's unlikely to be acquired by a tech company, an auto company, or someone from China. But it could end up merging with SpaceX, another Elon Musk company.

    A recording of the 55-minute conference call with clients was leaked online. The meeting was held two days after Jonas, a longtime Tesla bull, put a "worst-case" price of $10 on Tesla stock, although he didn't change his current $230 target price.

    You’re reading a preview, subscribe to read more.

    More from Los Angeles Times

    Los Angeles Times4 min read
    Project Roomkey: Lessons Learned From A Massive Program To Save The Lives Of Homeless People
    LOS ANGELES — The state program that provided private hotel and motel rooms for homeless people during the COVID pandemic improved healthcare for thousands and provided valuable lessons for how shelters could better serve their clients, a two-year st
    Los Angeles Times4 min read
    Commentary: What A Quail Taught Me About Grief By Joining A Flock Of Turkeys
    It’s dusk in spring, and the seven-year anniversary of my mother’s death from cancer is approaching, a death that marked the end of my biological family. I want to text my friend Margot, who lost her dad to AIDS in the spring years ago, and ask, “How
    Los Angeles Times5 min read
    Review: In The Sci-fi Thriller 'Dark Matter,' Joel Edgerton Battles Through Parallel Worlds
    Blake Crouch has enjoyably adapted his own 2016 novel "Dark Matter" into a nine-episode series for Apple TV+, which aims to be your destination for classy sci-fi. It's got nothing to do with "dark matter" except as Shakespeare might have used the phr

    Related Books & Audiobooks