Tesla shares are experiencing significant trading volume and gains, driven by multiple factors including plans to launch Full Self-Driving (FSD) technology in Europe and China. Piper Sandler has expressed confidence in Tesla despite an apparent decline in FSD performance, maintaining an 'overweight' rating with a $300 price target. Morgan Stanley's Adam Jonas reiterated Tesla as their 'top pick' in the US auto sector, highlighting the company's efforts to mitigate risks in its core auto business while investing in new technologies such as robotaxis. Tesla's stock is nearly 50% off its all-time-highs, trading at $59/share.