ad =eport = =/div> =/td> = = <http://www.morganstanley.com/img/cs/spacer.gif> General =otors Company: Making GM Our Top Pick, Price Target to $42 Adam Jonas, CFA — Morgan =tanley January 25, 2017 5:02 AM =MT We make =M our top pick in US autos as we update our model following =anagement's 2017 guidance

= <http://www.morganstanley.com/img/cs/spacer.gif> General =otors Company: 4Q16 Sets a Strong Base for Structural Change: Reiterate =M as Top Pick Adam Jonas, CFA — Morgan =tanley February 7, 2017 2:06 PM =MT GM =osted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. =ther regions in line. GM

= <http://www.morganstanley.com/img/cs/spacer.gif> General =otors Company: 4Q16 Sets a Strong Base for Structural Change: Reiterate =M as Top Pick Adam Jonas, CFA — Morgan =tanley February 7, 2017 2:06 PM =MT GM =osted an 18% beat vs. our Adj. EBIT ests, driven by NA and Europe. =ther regions in line. GM

ology.' We think Tesla investors must =repare for serious competition for talent and investment of capital in =his market. Please see our colleague Adam Jonas's note on =he same topic, with added color from Tesla's point of view.ln a recent =loomberg interview, Apple's CEO made some of the most candid =nd