Tesla (TSLA) buyers see the damaging impression of Elon Musk’s Twitter acquisition lasting on the corporate going ahead.

There’s little question that Elon Musk’s acquisition of Twitter had a direct damaging impression on Tesla and its buyers, contemplating that the CEO needed to promote billions of {dollars} price of Tesla (TSLA) shares to finance the $44 billion acquisition.

The sale of these hundreds of thousands of shares immediately contributed to a pointy decline in Tesla’s inventory value.

There’s additionally a much less tangible impression on Tesla and that’s the notion of Elon Musk altering by means of his antics on Twitter. Many individuals have reported shedding religion in Musk’s management after he made statements like sharing fringe conspiracy theories and asking his followers to vote republican on Election Day.

Sharing conspiracy theories and urging folks to vote for a selected occasion are issues that you just usually don’t see from the CEO of main firms.

Now Morgan Stanley has surveyed its personal purchasers who’re Tesla buyers to grasp how they see the scenario.

Analyst Adam Jonas wrote in a be aware to purchasers at the moment:

Our investor survey reinforces our views that Elon Musk’s latest involvement with Twitter has contributed to damaging sentiment momentum in Tesla shares and will drive some extent of adversarial draw back skew to Tesla fundamentals.

Curiously, a powerful majority of Tesla buyers within the survey believed that the impression will maintain being damaging going ahead:

Nevertheless, Morgan Stanley maintains a constructive outlook on Tesla’s inventory as they imagine there are vital upsides based mostly on the present valuation:

Tesla is the one self-funding pure play EV title we cowl and has achieved a singular place to safe provide of the battery metals and associated up-stream provide essential to supply EVs at multi-million-unit scale. In a slowing financial surroundings, we imagine Tesla’s ‘hole to competitors’ can doubtlessly widen, notably as EV costs pivot from inflationary to deflationary. The present value provides roughly 80% potential upside to our $330 value goal which is the best upside to focus on we’ve seen from Tesla in over 5 years.

Tesla’s (TSLA) inventory is barely up 0.3% this morning – buying and selling at round $183 a share.

What about you? Do you’re feeling like Musk’s Twitter antics are going to proceed having a damaging impression on Tesla going ahead? Tell us within the remark part under.