Goldman: Tesla shares to drop 30% in the next 6 months due to increased competition

Goldman: Tesla shares to drop 30% in the next 6 months due to increased competition

6 years ago
Anonymous $oIHRkISgaL

https://www.cnbc.com/2018/09/04/goldman-tesla-shares-to-drop-30-percent-in-the-next-6-months.html

Tesla's electric car sales will suffer due to increased competition from other luxury automakers, according to Goldman Sachs.

The firm resumed coverage of Tesla with a sell rating, predicting the competition will cut into the company's share of the electric car market.