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Why Goldman Sachs Is Bullish On Tesla Ahead Of Q2 Earnings

Benzinga2021-07-21

Tesla, Inc.(NASDAQ:TSLA)shares have been locked in a lackluster phase in 2021. An upcoming catalyst that could meaningfully move the stock are the company's quarterly results, due July 26 after the ...

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The company released a new lower-cost version of the SUV in China and is ramping three new factories all focused on the Model Y, he said.\n\"All else equal, we believe a higher mix of Model Y deliveries should be a tailwind to margins given its higher price points but similar cost structure to the Model 3,\" Delaney said.\nThe analyst expects higher volumes and the company's leadership position in the rapidly growing EV market to lead to strong revenue and margin growth.\nTSLA Price Action:Tesla shares were up 2.21% at $660.50 at the close Tuesday.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"hasMoreComments":false,"newsSizeData":{"likeSize":92,"commentSize":14,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"isCrawlerRequest":true}