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MORGAN STANLEY: The 'one market' that can make Tesla the most valuable company in the world (TSLA)

The highly anticipated Model 3 is nice, but won't be what Tesla needs to become the most valuable company in the world.

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Tesla's stock price is already high, but not high enough for CEO Elon Musk.

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Musk thinks Tesla can reach the heights of Apple as the most valuable company in the world, but it won't get there on the backs of its new Model 3, solar business, or autonomous truck, Morgan Stanley said in a note to investors.

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