After Ford's Semi Shortage Meltdown, Morgan Stanley Says Industry Won't Recover Until "Well Into 2022"
May 02, 2021 at 17:10 PM EDT
The ongoing supply-demand imbalance in the auto industry is set to continue "well into 2022," according to a new note from Morgan Stanley. Analysts see this as an opportunity to "buy the dip" and bet on the longer-term EV opportunity.