Tesla's car business needs to improve its profitability before investors recognize the value of its other ventures.
Morgan Stanley analyst Adam Jonas believes Tesla's investments in artificial intelligence, robotics, and energy storage are promising, but these strengths are often overlooked.
Although Tesla missed analysts' earnings expectations, it exceeded revenue targets, indicating potential future growth.
Jonas maintains an optimistic outlook on Tesla, projecting a $310 price target, despite the current challenges in the automotive sector.