Tesla Stock (TSLA) Today: Morgan Stanley Downgrade, China Sales Twist and 2026 AI Bet – December 9, 2025
Tesla shares traded near $439.58 midday Tuesday, giving the company a $1.46 trillion market cap. Morgan Stanley downgraded the stock to “Equal Weight,” citing valuation concerns, even as it raised its price target to $425. Tesla’s P/E ratio hovers near 300, with institutional investors holding about 66% of shares. November shipments from Shanghai rose nearly 10% year-on-year, but 2025 China retail sales remain below last year.