Why Goldman Sachs’ Tesla Downgrade Won’t Hold Back the Electric Giant
$Tesla Motors(TSLA)$
1. Goldman Sachs vs. Morgan Stanley
It’s crucial to note that not all financial institutions share the same view on Tesla. While Goldman Sachs has chosen a more conservative stance, Morgan Stanley recently upgraded Tesla from $250 to $400. This stark difference in opinion showcases the diversity of perspectives on Tesla’s future.
2. Staying True to the Fundamentals
As a Tesla investor, I firmly believe in the fundamentals of the business. The company’s innovative approach to electric vehicles and clean energy solutions has proven successful time and time again. This commitment to the core mission sets Tesla apart in the market.
3. Personal Price Target: $300
In my view, Tesla has the potential to reach at least $300 by the end of this year. The company’s consistent growth and expansion into areas like Full Self-Driving (FSD) and energy solutions provide ample room for upward movement in the stock price.
4. Beyond the Surface: FSD and Energy
One of the key reasons I remain bullish on Tesla is the company’s diversification beyond electric vehicles. The Full Self-Driving (FSD) technology and Tesla’s ventures in the energy sector are potential game-changers. These additional revenue streams could significantly boost Tesla’s value in the long run.
5. Upcoming Volatility
I anticipate a volatile week for Tesla, with the recent Goldman Sachs downgrade and the looming Federal Open Market Committee (FOMC) meeting on September 20th, 2023. Such events can stir uncertainty in the market, and Tesla might experience short-term fluctuations.
In conclusion, while Goldman Sachs’ downgrade initially triggered a slide in Tesla’s stock price, it’s essential to consider the broader landscape. The stock market is a dynamic arena with various opinions and factors at play. As an investor, I choose to focus on the bigger picture and the long-term potential of Tesla.
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In a groundbreaking step toward a more sustainable future, Tesla significantly cut its use of rare Earth metals in upcoming electrical vehicle (EV) production.
When oil companies have to cut supplies in order to sell it, we are winning! Demand clearly is dropping off..lol
After a strong price advance or decline, spinning tops can signal a potential price reversal
Tesla is doing great under the most ultra extreme macro economic conditions, like high interest rates. Imagine what will happen when interest rates start to fall.
tsla stock is not going to drop to zero and also isn't going to $500.00
who will buy cheaper rear wheel drive 260 miles car. This means more discounts coming for existing models .
Anyone out there still think 20 million units per year by 2030 is still possible?
Everyone said up so we went down then everyone said down so we go up !