Tesla's stock climb seems unstoppable with the company's market cap sitting at roughly $56 billion, even after posting lousy first quarter numbers.
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There's one question anyone interested in owning Tesla should ask themselves (TSLA)
A new Morgan Stanley research note asks the question: Is Tesla a must-own strategic asset?
Tesla CEO Elon Musk
And if stock price reflects not past performance, but "risk-adjusted future cash flows," as Tesla CEO Elon Musk tweeted in April, then investors must believe that Tesla has a bright future as an autonomous transport industry leader.
But a new Morgan Stanley research note asks a key question:
According to Morgan Stanley equity analyst Adam Jonas, Tesla investors — and board members — need to ask themselves "
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Jonas believes soon talk surrounding the risk in investing in Tesla will intensify.
"As both traditional auto and non-traditional tech firms make further headway into the world of miles and data," writes Jonas, "we believe the discussion around the value, the opportunity and the risks of an investment in Tesla will evolve, if not accelerate."
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