Elon Musk Tesla
Tesla CEO Elon Musk.
  • Challenges Tesla dodged last year might catch up to them in 2024.
  • Morgan Stanley expects a conservative year-ahead outlook from Tesla when it reports earnings this week.
  • The EV market is facing slower growth and diminished optimism. 

The year ahead for Tesla is shaping up to be a challenge.

Tesla CEO Elon Musk will face a litany of obstacles in 2024 as the global electric car market shows signs of softening, according to Morgan Stanley analyst Adam Jonas. He expects Musk to present a cautious outlook for the year ahead, even after Tesla managed to eke out an impressive year in 2023.