In a recent report, Morgan Stanley analyst Adam Jonas stated: "We believe Tesla's proposed investment in xAI warrants closer attention. Among the many possibilities, we believe this proposal could be a 'test' before further investment/collaboration between Tesla and xAI. Tesla's progress in robotics will benefit from xAI's progress in artificial general intelligence (AGI). From a legal perspective, data sharing (two-way) between the two parties could ultimately benefit from closer cooperation. We reiterate our 'Overweight' rating on Tesla stock ($TSLA) and note that our bullish price target remains at $800."