Tesla's Valuation Raises the Price Target to 250 From 200

Bryn: By my tea leaves, it looks like the regional bank index is going to have a pretty tough time over the coming months as deposit costs go up. But see, Bryn, the other question is about valuation, of which Adam Jonas over at Morgan Stanley today, obviously the influential auto analyst there downgraded Tesla for a long time. He still likes it, but he downgrades it today. We're not trying to call the end to the Tesla rally, but 100% is 100% an evaluation that's richer today than it was before by a lot.