Tesla (TSLA) Cuts Prices & Ferrari (RACE) Replaces TSLA At Morgan Stanley

Tesla (TSLA) cut prices on U.S. Model S and Model X. Jenny Horne discusses this, as well as how TSLA plans to revamp the production of the top selling Model Y in a project codenamed "Project Juniper." She also goes over how Ferrari (RACE) price target raised to $310 from $280 at Morgan Stanley, noting that it replaced Tesla (TSLA) as Morgan Stanley's top pick in autos. Tune in to find out more about the stock market today.