Reply To: Tesla Used Cars the Last Domino to Fall in Stock and Branding Rout

#50630
TradersCom
Keymaster

Goldman Sachs advised that Tesla (TSLA) is still a Buy despite the disappointing Q4 report.

Goldman largely agreed on these points, noting that the “incremental negative” of the Q4 delivery report does not dampen their long-term perspective on the stock. While EPS estimates were trimmed due to expected margin compression amid price cuts, Tesla (TSLA) remains “well positioned for long-term growth,” according to equity analyst Mark Delaney.