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Tesla: Time for a Recharge?

Tesla (TSLA) has dealt with plenty of issues lately, from Model 3 production delays and profitability and concerns about whether or not it will have to raise capital. Investors and analysts can debate how legitimate these criticisms of the company are, but there's also another headline risk for the shares, argues Morgan Stanley's Adam Jonas: With a growing number of Teslas on the road, the number of accidents will surely increase, and because of the company's profile, attract media attention.  Of course, this may not be fair to the electric vehicle maker. As Jonas noted, 94% of serious accidents are due to human error, including the one that Chief Executive Elon Musk himself tweeted about earlier this month: "It's super messed up that a Tesla crash resulting in a broken ankle is front-page news[,] and the ~40,000 people who died in US auto accidents alone in [the] past year get almost no coverage." Messed up indeed.