16.04.2020 TESLA Daily Analysis
On Wednesday the markets were bleeding red and there was a general market downturn due to a number of factors,Coronavirus of course at the very top. With all these going on in the Financial markets a few assets managed to keep their heads and Tesla was one of them. The stock rose by about 4.1%.
The stock closed on Wednesday at $729.83(+19.94).
The improvement in the stock value came after Goldman Sachs initiated coverage of Tesla with a buying rating.
Goldman Sachs gave the company's stock a price target of $864. The company analysts believe that the company sales will increase from 2 million to 15 million by the end of the decade.
The company plans to report full first-quarter earnings on April 29.