Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will.
In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach.
Delaney says the price cuts imply concern over reduced demand in the U.S.
“While the reduced prices for Models 3 and Y helps the company to better address the roughly 20%-30% of…
Source link
