Tesla TSLA, the electric-vehicle and artificial-intelligence company, climbed approximately 0.7% to $365.865 as Morgan Stanley argued that investors may be overlooking the Semis potential contribution to earnings.
Its 2040 scenario includes 82,000 Semis generating $17 billion in subscription revenue and $7.5 billion in earnings before interest and taxes.
Those projections point to a striking EBIT margin of roughly 44%, making autonomous software the real prizenot truck sales alone.
The picture shows Tesla trading 9.62% above its GF Value of $333.77, suggesting investors already pay a premium for that future potential.
Expensive diesel strengthens the pitch today, but Tesla must still deliver commercial heavy-truck autonomy to turn Morgan Stanleys $17 billion vision into an actual business.