The Latest Breaking News from Adam Jonas

Tesla, Inc. (NASDAQ: TSLA) recently hiked the prices of its more affordable Model 3 sedans and Model Y SUVs in the U.S. and China.

The Russian invasion of Ukraine crisis has led to a spike in the prices of materials used in electric vehicle batteries, which account for the bulk of the cost of these eco-friendly vehicles.

The war between Ukraine and Russia has the potential to accelerate the structural changes in the electric vehicle industry, according to an analyst at Morgan Stanley. "Some of these changes were already in the works but may have been "pulled forward" by a decade or more," analyst Adam Jonas said in…

Ford Motor Company (NYSE: F) announced a reorganization plan Wednesday to separate its internal combustion engine and electric vehicle businesses.

Morgan Stanley analyst Adam Jonas downgraded Lear Corp (NYSE: LEA) to Equal Weight from Overweight with a price target of $175, down from $200, implying a 10% upside.

Morgan Stanley analyst Adam Jonas upgraded American Axle & Manufacturing Holdings Inc (NYSE:AXL) to Overweight from Underweight with a price target of $16, up from $8, implying a 77% upside. While many other legacy OEMs and suppliers plough cash flow into EV projects that "will likely not generate their cost of capital," Jonas thinks American…

General Motors Co (NYSE: GM) is trading lower Tuesday after Morgan Stanley analyst Adam Jonas downgraded the stock from an Overweight rating to an Equal-Weight rating and lowered the price target from $75 to $55.

Morgan Stanley analyst Adam Jonas cut his rating on price target on GM in what he called 'the most significant estimates reduction" for the carmaker in two years.

Tesla Inc (NASDAQ: TSLA) is the frontrunner in EV manufacturing but it has some catching up to do before it can take the title as top auto industry leader. Morgan Stanley sees this as a very possible scenario.