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From Electrek: Tesla (TSLA) tumbles after Goldman Sachs says Model 3 will be late and...

Discussion in 'News from Electrek.co' started by RSSFeed, Feb 27, 2017.

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  1. RSSFeed

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    Tesla (TSLA) tumbles after Goldman Sachs says Model 3 will be late and downgraded the stock

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    Going into its financial results last week, Tesla’s stock was nearing new all-time highs, but the announcement that the company was considering a new capital raise spooked some investors and it continues today in pre-market after Goldman Sachs released a note to clients.

    The firm expects that the Tesla Model 3 will be late and that the automaker will have to go to the market to raise capital by the end of the year. more…

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  2. Paul Spiers

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    I think Goldman Sachs will be very disappointed when the model 3 production starts on time. Will they then admit that they were wrong? I doubt it, since it was just another attempt to drive the stock down for their short sellers, as usual.
     
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    • Safe Daddy Driver

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      Yay TSLA is going on sale! Time to buy again when it dives down to $200 a share.
       
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