** Tesla's TSLA.O shares rise 3.2% premarket to $302.31
** Brokerage Morgan Stanley reinstates Tesla as their "top pick" in US Automotive sector, setting a $430 price target that implies over 50% upside, with a bull case scenario of $800
** "Tesla's softer auto deliveries are emblematic of a
company in the transition from an automotive 'pure play' to a highly diversified play on AI and robotics," brokerage says
** Co's future value lies in its expansion into AI, robotics, energy storage, and autonomous vehicles- brokerage
** Despite TSLA's significant stock price decline and potential delivery challenges in 2025, the brokerage sees this as a good opportunity to invest, primarily due to TSLA's position in the embodied AI sector rather than just its automotive business
** As of last close, TSLA has fallen 27.5% in 2025
(Reporting by Ragini Mathur in Bengaluru)
((Ragini.Mathur@thomsonreuters.com;))
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