Tesla is like 'Apple 20 years ago,' Morgan Stanley says AAPL, TSLA

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The similarities between Tesla and Apple are increasing, according to Morgan Stanley analysts.

The bank's analyst who covers Apple says Tesla is like the tech firm was two decades ago.

It may be time for Tesla to consider an operations chief to eventually continue Musk's legacy, they said.

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Is Tesla a tech company or automaker?

That's been one of the key questions asked of Wall Street analysts in recent years. And depending on the shop, the name is usually covered alongside names like Ford and General Motors, or next to Amazon, Apple, and Uber.See the rest of the story at Business InsiderNOW WATCH: Why electric planes haven't taken off yetSee Also:Tesla drops its lawsuit against California county over coronavirus shutdownElon Musk says Tesla's 'full self-driving' option will get more expensive again on July 1Elon Musk's Boring Company has finished the tunneling for its Tesla-powered people mover in Las Vegas