Tesla gets downgraded to 'sell' by Goldman Sachs

Tesla, Inc. (NASDAQ:TSLA) shares fell more than 4 percent on Monday after Goldman Sachs downgrade the stock to sell, citing that issues like too accelerating cash burn and possible delay of delivering Model 3 may harm the company.

Tesla's SolarCity merger complexity nearly certainly played a part in Goldman Sachs' position. Tesla Inc has recorded a 50-day average of $254.33 and a two hundred day average of $215.51. It has been assigned a low target price of $155 and a high target price of $375. The company's past year sales total was 1.15 Billion.

Goldman Sachs says it would also like to see the company lower battery pack costs and demonstrate high consumer demand for a combined Tesla energy-and-vehicle ecosystem to change its current position on the stock.

Tesla Motors (NASDAQ:TSLA) opened at 246.00 on Thursday.

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Like several other Wall Street analysts, he bases his views on expectations that the Model 3 will be late to market despite the fact that Tesla's management reiterated that it was on track for production in July during the earnings last week.

During Tesla's fourth quarter earnings call, Morgan Stanley analyst Adam Jonas asked Tesla's executives whether it would consider offering its customers insurance if they could do it cheaper than other customers. The company's revenue was up 145.3% compared to the same quarter past year. Following the completion of the transaction, the director now directly owns 166,846 shares of the company's stock, valued at approximately $35,521,513.40.

Tesla Motors, Inc. Gross Margin percentage stands at 22.8% while its Operating Margin for trailing twelve month is -9.5 percent and Profit margin (ttm) is -9.6 Percent. The stock was sold at an average price of $212.90, for a total value of $532,250.00. 14 Insider Sales transactions were made totaling 104149 shares traded. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP John Douglas Field sold 1,000 shares of the company's stock in a transaction dated Tuesday, January 10th.

On Dec 16 Tesla Motors, Inc. The disclosure for this sale can be found here. Reilly Financial Advisors LLC now owns 492 shares of the electric vehicle producer's stock valued at $100,000 after buying an additional 237 shares during the period. The company now only sells the Model S and Model X luxury vehicles.

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Tesla is no stranger to missed production and delivery goals but Musk assured Tesla shareholders that things are going at a steady pace.

Tamberrino also makes the essential argument that Tesla's shift from niche, luxury automaker to mass-market auto company isn't necessarily the best thing for the bottom line - and that's before we even deal with the solar business, the energy storage business, or building a massive battery factory in Nevada.

It is still early days for the combined weight of Tesla's merging with SolarCity to begin demonstrating why the company is now calling itself the world's only "integrated sustainable energy company", with the much-touted solar roof tiles still to come and the aforementioned miss on Q4 solar installations from SolarCity's earlier guidance.

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