Tesla Stock Rises Nearly 8% After 15.4% Drop on Monday, Morgan Stanley Says Buy

Tesla's stock is showing signs of recovery in pre-market trading after experiencing a 15.4% decline on Monday, marking its worst day in nearly five years. Following this steep drop, analysts from Morgan Stanley have suggested investors consider buying the dip. The stock rebounded for a second consecutive day, rising nearly 8% on Tuesday, as investors reacted positively to the potential for a turnaround after the significant losses. The recent volatility highlights the challenges Tesla faces in maintaining investor confidence amid fluctuating market conditions.