tesla inc tsla shares are trading higher by 519 to 22221 as the stock rebounds after falling monday on china price cuts the stock may also be higher amid overall market strength as stocks gain on earnings momentum and hopes of future federal reserve policy softening tesla is also trading higher despite an earlier call from morgan stanley analyst adam jonas maintaining tesla with an overweight and lowering the price target from 350 to 330 see also what to watch on teslas chart following bearish earnings price target cut tesla last week also reported thirdquarter revenue of 2145 billion up 56 yearoveryear the total came in shy of analyst estimates of 2196 billion the company reported automotive revenue of 1869 billion in the third quarter up 55 yearoveryear in the third quarter tesla reported record revenue free cash flow and operating profits despite what the company called “material headwinds”read more according to data from benzinga pro tesla has a 52week high of 41450 and a 52week low of 19859