Uploaded on Sep 30, 2019
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Goldman Sachs “Tesla’s second-quarter sales are as good as it gets”- Walter International Hong Kong
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”-
Walter International Hong Kong
https://www.prfree.org/@walterinternational/goldman-sachs-tesla-s-second-quarter-sales-ar
e-as-good-as-it-gets-y7m85den4ke8
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”
Tesla Inc. the well-known electric car manufacturer may in fact
reach Wall Street’s expectations for second quarter sales, however
according to analysts at Goldman Sachs that could be the best news
the car manufacturer has to offer.
In a note to clients on Thursday a team of analysts led by David
Tamberrino who are well known bears when it comes to Tesla, have
said they are keeping their sell rating on the stock with a price
target of $158 USD per share, which is almost a 30% reduction in
price from Thursdays close.
https://www.prfree.org/@walterinternational/goldman-sachs-tesla-s-second-quarter-sales-are-as-good-
as-it-gets-y7m85den4ke8
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”
Recently the shares of the company got a much needed boost, after
Chief Executive Elon Musk, addressed a rumor surrounding possible
demand problems, Musk explained that there is no issues in
demand, and that Tesla have a more than possible shot at breaking
their quarterly record for sales and production of their vehicles.
So far in the month of June Tesla shares have seen an incline of 18%
which is more than double the gains for the S&P 50 index which
suffered a 22% loss in May.
https://www.prfree.org/@walterinternational/goldman-sachs-tesla-s-second-quarter-sales-are-as-good-
as-it-gets-y7m85den4ke8
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”
Quarterly losses are over 21% versus a 3.7% advance for the
broader stock index.
The analysts at Goldman Sachs have said that Tesla’s second
quarter sales figures should be fine, and they are most probably
going to meet, or only narrowly miss out on the Wall Street
Consensus, but going into the second half of the year, and beyond
the analysts have said that Wall Street’s outlook looks rather high
considering there will be fewer opportunities to generate more
demand moving forward.
https://www.prfree.org/@walterinternational/goldman-sachs-tesla-s-second-quarter-sales-are-as-good-
as-it-gets-y7m85den4ke8
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”
Tesla have already this year released a more cost effective version
of their model 3, alongside lease options and right hand drive
vehicles.
Federal tax credits are set to be lowered on the first of July and the
companies second quarter has been a much more attractive
environment for demand and deliveries of their products, however
the analysts pointed out that to sustain the same levels in which
they have seen recently is highly unlikely.
Christian Hoi – Walter International
https://www.prfree.org/@walterinternational/goldman-sachs-tesla-s-second-quarter-sales-are-as-good-
as-it-gets-y7m85den4ke8
Goldman Sachs “Tesla’s second-
quarter sales are as good as it gets”
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as-it-gets-y7m85den4ke8
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