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Actionable news in TSLA: Tesla Motors, Inc.,

Goldman predicts Tesla shares will get cut in half on ‘plateauing’ Model S sales

While some investors may be optimistic on Tesla's Model 3 production plans, Goldman Sachs is concerned over slowing sales growth of the company's current electric cars.

The report helped send Tesla's stock down about 5 percent in the first hour of trading.

Goldman analyst David Tamberrino lowered his six-month price target for Tesla to $180 from $190, representing 49 percent downside from Monday's close.

"We remain sell rated on shares of TSLA where we see potential for downside as the Model 3 launch curve undershoots the company's production targets and as 2H17 margins likely...


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