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Sell side research exists to get deals and sell securities. The main reason Morgan Stanley gets so much business from Musk is because Adam Jonas (probably Musk'
by tclarke142 2mo ago
Sell side research exists to get deals and sell securities. The main reason Morgan Stanley gets so much business from Musk is because Adam Jonas (probably Musk's No.2 fan after Cathie Wood) loves insane upgrades and price targets on TSLA.
But to be fair to Musk he is probably the GOAT at executing unlike Cathie who incinerates money by the tonne.