mo4ch:>Tesla stock continues to crash as Morgan Stanley adds fuel to the fire | Mo4ch News

Shares of Tesla continued to nosedive on Tuesday after Morgan Stanley cut its worst-case scenario for the automaker’s stock to just $10, citing concerns over slowing Chinese demand for its electric cars.Elon Musk’s company stock was down 3.5 percent in premarket trading and was down more than 2.6 percent after the opening bell on Tuesday. Thus Tesla shares have declined in 10 of the last 11 trading days.The yet another negative start came just one day after the stock plummeted below $200 on intraday trading, hitting the lowest price since December 2016. Monday’s collapse came after Wedbush Securities cut its price target on Tesla stock from $275 to $230 per share, with its analyst citing “major concerns” about the company’s future.Also on rt.com‘Apocalyptic quarter’: Tesla’s share price dives after reporting huge sales dropThe new blow negatively affecting Tesla's stock came from Morgan Stanley on Tuesday. A researcher from the investment bank slashed its bear forecast on Tesla’s …