Morgan Stanley on Tesla: 'We expect the Model 3 to be a really nice car' — but there's a catch

Morgan Stanley lead auto analyst and reliable Tesla bull Adam Jonas got a bit less bullish on Monday when he lowered his target price to $333 a share from $450. He's still bullish — the stock is currently trading at about $195, and Jonas' target is well above Tesla's peak of $291 — but he's a bull …