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Goldman Sachs reiterated its "Neutral" rating and $360 price target for Tesla, believing its AI narrative is more significant than its Q3 earnings report.
Goldman Sachs reiterated its "Neutral" rating and $360 price target for Tesla, believing that its AI narrative (including Robotaxi, FSD, and humanoid robots) will be more important to Tesla's stock performance than the third-quarter earnings report itself. The bank expects an increase in Model Y L production to improve automotive revenue, but higher costs and capital expenditures may limit earnings per share growth in 2026.
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