Tesla's stock price slid about 1.3% in early trading Thursday following the brutal analyst note from the Wall Street bank.
David Tamberrino, an analyst at Goldman Sachs, cut his price target for Tesla to $158 on Thursday — 29% below the stock's current price. It's the fourth time this year that the bank has cut its price target for the stock, amid worries about continued demand for the company's electric cars. Shares of Tesla fell about 1.4% in early trading following the brutal note. Follow the stock in real-time here. Visit Business Insider's homepage for more stories.
David Tamberrino, an analyst at Goldman Sachs, cut his price target for Tesla to $158 on Thursday — 29% below the stock's current price. It's the fourth time this year that the bank has cut its price target for the stock, amid worries about continued demand for the company's electric cars. Shares of Tesla fell about 1.4% in early trading following the brutal note. Follow the stock in real-time here. Visit Business Insider's homepage for more stories.
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