Tesla stock rose 4% after Goldman Sachs upgrade
03 December 2020
(TSLA.US) stock rose 4% after Goldman Sachs upgraded the electric carmaker to “buy” from “neutral,” and raised its price target to $780. Goldman analysts' believe mainstream adoption of electric vehicles is accelerating, battery prices are falling fast, and government regulations will eventually phase out higher-emission vehicles. According to the bank's strategists, also other clean-energy products like solar panels and roof installations for homes, will add to Tesla's long-term sales an...