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Big move on Wall Street just dropped. Morgan Stanley's fresh face in the analyst seat isn't feeling the Tesla hype anymore—straight up downgraded the stock. Why? Valuation's looking stretched, apparently.
New analyst, new perspective. Sometimes that's all it takes to shake things up. When a major bank flips its stance on a name as massive as Tesla, you know traders are paying attention. The reasoning? Price got ahead of fundamentals, classic overvaluation story.
What's wild is the timing. Markets have been riding high on tech names, but cracks might be showing. This downgrade could signal a broader reassessment of growth stock valuations across the board. Worth watching how this plays out—especially if other institutions start echoing similar concerns.
Tesla bulls won't love this call, but valuation discipline matters. Even rocket ships need to refuel sometimes.