Tesla could become a major player in drone manufacturing: MS

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Responding to a question on Tesla’s first-quarter earnings call, CEO Elon Musk warned: “Any country that cannot manufacture its own drones is doomed to be the vassal state of any country that can. And we can’t – America cannot currently manufacture its own drones.”

Morgan Stanley said that if Tesla captures even a fraction of the future eVTOL market, the impact on its valuation could be significant. 

 

https://www.investing.com/news/stock-market-news/tesla-could-become-a-major-player-in-drone-manufacturing-morgan-stanley-4079954