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 automotive...


