Morgan Stanley piles pressure on Tesla with $10 worst case call

(Reuters) - Shares of Tesla Inc were on track for a fifth straight session of losses on Tuesday, as Morgan Stanley analysts outlined a worst case scenario that could see the electric carmaker's stock price fall as low as $10. Another brokerage, Baird, was the latest to cut its price target for the Elon Musk-run company to $340 from $400, saying concerns over demand, credibility and noise around the company have kept incremental buyers out of the market. Tesla's stock, which has almost halved in value since last August, was down another 3% at $199.

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