
Following a tour of Tesla Inc's (NASDAQ:TSLA) Fremont factory, Morgan Stanley analyst Adam Jonas came away confident of the company's ability to emerge unscathed from the Ukraine crisis-induced raw materials shortages.
What Happened: Tesla has long-term contracts in place that will act as a hedge against any hike in raw material prices, Jonas said. The impact of commodity pressure was already evident in the EV maker's fourth-quarter results, the analyst noted.