UPDATE: Morgan Stanley Reiterates on Tesla Motors as Earnings Momentum Pauses for Breath

In a report published Wednesday, Morgan Stanley analyst Adam Jonas reiterated an Overweight rating on Tesla Motors (NASDAQ: TSLA ), and raised the price target from $149.00 to $153.00. In the report, Morgan Stanley noted, “Tesla's 3Q results, while good enough to keep the bull thesis of ‘America's Fourth Automaker'