After visiting Tesla Motors Fremont, CA facility and meeting with the company’s chief financial officer, Goldman Sachs is guarded about its aggressive timetable of its gigafactory in Nevada and the potential escalation of capital needs, a research note reviewed by ValueWalk says. Goldman remains neutral on Tesla’s stock The report noted that with the third quarter likely to be “noisy” for the electric car manufacturer, with seemingly “flawless execution” baked into the stock price, Goldman remains “sidelined for now” with a neutral rating on the stock. The investment bank has a six month price target, derivative from five probability weighted…
What Goldman Thinks About Tesla Motors Inc
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.
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