Tesla Eyes 6th Straight Day of Gains: So Why Is Goldman Sachs 'Cautious'?
As the company’s stock continues to rise this month, Tesla (TSLA) is eyeing its sixth straight day of gains, as Goldman Sachs analysts have recently said they remain “cautious” about the company’s value. The electric vehicle manufacturer (EV) has been surging since November. Now, it aims to be one of the biggest winners of the current month as well. With its Robotaxi announcement and Elon Musk’s connection to US President-elect Donald Trump, there are a lot of reasons to be excited about Tesla’s potential. That has been justified by the surge in stock price over the last several weeks. Yet, one of the largest investment banks in the country has shared the reason they aren’t quite sold on the stock. Source – Mint Also Read: Tesla Stock Nears All-Time High, Can It Target $500 Before 2025? Tesla Looks to Continue a Week of Winning as Analysts Question Its Value It has proven to be a massive run for Tesla over the last month. Elon Musk’s...