According to @garyblack00, TSLA fell 3.4% yesterday mainly because MS downgraded the stock to Hold from Buy, which pressured the multiple; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720. He adds that investors are questioning whether Optimus is being tele-operated rather than AI-driven, which would limit scalability; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720. He further argues that if Robotaxis require one-to-one safety monitors, the model is not scalable and TSLA should not trade at a 2026 P/E near 200x versus long-term consensus EPS growth of 35%; source: Gary Black on X, Dec 9, 2025, https://twitter.com/garyblack00/status/1998331395500814720.

According to @garyblack00, yesterday’s TSLA decline was driven primarily by Morgan Stanley downgrading TSLA to Hold from Buy, which he identifies as the dominant factor, source: @garyblack00. According to @garyblack00, investors are also questioning whether Optimus is being tele-operated from afar rather than being AI-driven, raising concerns that the platform is not scalable, source: @garyblack00. According to @garyblack00, the same scalability issue applies to Robotaxis if each vehicle requires a safety monitor, weakening the economic model, source: @garyblack00. According to @garyblack00, these concerns can pressure the AI-driven optionality premium in TSLA’s valuation and near-term sentiment until scalable autonomy is demonstrated, source: @garyblack00.

According to @StockMKTNewz, Morgan Stanley downgraded Tesla (TSLA) to Equal Weight from Overweight and raised its price target to $425 from $410 on December 8, 2025 (source: @StockMKTNewz on X). No additional rationale or crypto-market linkage was provided in the post (source: @StockMKTNewz on X).

According to @garyblack00, Tesla shares slipped about 1.2% in premarket after Morgan Stanley cut TSLA to Equal-Weight from Overweight, citing downside risk to consensus and non-auto catalysts largely priced in; the bank set a $425 price target, 6.6% below the last close, and added $60 per share of equity value for the Optimus business, source: Bloomberg; Morgan Stanley research. Andrew Percoco assumed TSLA coverage as Adam Jonas shifted to cover AI stocks at the firm, source: Bloomberg. TSLA trades near 198x forward earnings versus 26x for the Nasdaq 100, highlighting a valuation premium, source: Bloomberg. Analyst breadth tracked by Bloomberg shows 28 Buys, 19 Holds, and 16 Sells with an average TSLA price target of $387.94, source: Bloomberg. For traders, the downgrade alongside an elevated multiple increases de-rating risk in high-beta tech, a backdrop historically associated with weaker BTC and ETH during risk-off periods, source: Kaiko cross-asset correlation research.

According to @CNBC, Morgan Stanley’s new Tesla analyst downgraded TSLA due to valuation concerns, with @CNBC characterizing the move as a Huge Wall Street call reported on Dec 7, 2025. According to @CNBC, the coverage highlighted valuation as the core driver of the rating change and did not cite any direct cryptocurrency market impact.