--Morgan Stanley (MS) has halted research coverage on Tesla Inc. (TSLA), Reuters reported Tuesday. The report said the move may be a hint that the bank is working on Tesla's possible plan to go private.

--The report said Morgan Stanley's website indicated Tesla was changed to "Not Rated" from "Equal-weight."

--Tesla shares rose 3.8% to $320.24.

Full story at www.reuters.com/article/us-tesla-musk-morganstanley/morgan-stanley-halts-research-coverage-of-tesla-idUSKCN1L618Q

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

August 21, 2018 13:38 ET (17:38 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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