On Tesla’s path to privatization, Morgan Stanley halts equity coverage of electric automaker

Morgan Stanley is no longer providing equity coverage on Tesla’s stock, the second firm to drop its stock rating on the electric automaker since CEO Elon Musk announced plans via Twitter to take the company private. Tesla declined to comment. Morgan Stanley could not be reached for comment to explain why it dropped Tesla. However, […] https://ift.tt/2Liqh8B Kirsten Korosec August 21, 2018 at 06:00PM