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0.00107990878973555 0.00289890063138495 0.00239010147267389 0.00735960558446799 0.0108166519231075 0.00881031047342852 0.0224643889377863 0.0143015776677037
Stock impact report

Goldman Says Buy Tesla and Stocks With Electric-Car Exposure [Yahoo! Finance News]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
) -- The significant pullback in U.S. auto stocks creates an opportunity for investors to own long-term growth names including Tesla Inc. and other companies exposed to electric vehicles, Goldman Sachs said.Even with gas at about $2 per gallon, the total cost of ownership for electric cars is already competitive with vehicles powered by traditional internal combustion engines in select categories, like mid to high-end cars, analyst Mark Delaney wrote in a note to clients.“We expect the total cost of ownership for electric vehicles to become increasingly attractive over time as battery prices fall and internal combustion engine cars have added costs to meet emissions requirements,” he said.Goldman’s newly created global autos team expects electric car penetration to rise to nearly 15% by 2030, from 2% in 2019.Tesla Inc. has a significant lead over other automakers in making electric cars and is expected to maintain a strong market position, Delaney said. The company is helped by its st Show less Read more
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