Goldman: Tesla shares to drop 30% in the next 6 months due to increased competition
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.
Goldman: Tesla shares to drop 30% in the next 6 months due to increased competition
Sep 4, 2018, 1:27pm UTC
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.