Goldman Sachs Holds Steady on Tesla Amid 2025 Stock Swings
Goldman Sachs is sticking to a 'Hold' recommendation on Tesla with a price target of $190, amidst a tumultuous start in early 2025 as Tesla faces notable challenges and opportunities. Analyst Mark Delaney underscores near-term challenges, particularly in Tesla's automotive sector, but sees promise in the firm's AI and robotics endeavors. The stock's significant drop of 24% year-to-date highlights pricing pressures and increased competition in the EV market while spurring debates about Tesla’s future growth potential, especially in AI-driven projects.
Jan 6