Tesla’s share price could soar to $500 if the company sells a lot of Cybertrucks and its Chinese gigafactory performs better than expected, a Morgan Stanley analyst has said in a note. According to Adam Jonas’s “bull case” for the EV maker, Tesla could be selling as many as 100,000 Cybertrucks annually by the end of 2024, with the average price tag at $50,000, CNBC reports . After the launch of the truck, Elon Musk tweeted orders for it had reached and surpassed 200,000 in a matter of days. The Chinese gigafactory, for its part, could be producing 450,000 cars by 2024/2025. Currently, plans for the gigafactory are to churn out 3,000 vehicles per week beginning in the first quarter of 2020, Electrek reported earlier this week, adding that some 200 Model 3 cars were spotted at the facility. Jonas, however, made a point of clarifying that the bull […]