The Elon Musk -led electric vehicle company’s stock was up nearly 5% to $232.70 intraday, making back a small fraction of what it’s lost amid an extended sell-off since President Trump took office. The stock is on pace to fall for the eighth consecutive week, even after the uptick on Tuesday.

Tesla (TSLA) stock has received a bullish new report from investment bank Morgan Stanley (MS).Optimize Your Investment Research with

UBS analyst Joseph Spak reiterated his twelve-month Sell rating on Tesla shares on Monday, voicing considerable concern on the near-term demand outlook for the Model 3 and Model Y. He slashed his price target on Tesla to $225 from $259.