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Goldman Sachs Reiterates Buy Rating on Tesla (TSLA), 'we believe Tesla has the opportunity to expand its industry leading margins'

April 21, 2022 3:48 AM EDT

Goldman Sachs analyst Mark Delaney reiterated a Buy rating and $1,200.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "Tesla reported revenue/non-GAAP EPS (excluding SBC) of $18.8 bn/$3.22, which was 5%/$0.96 above the Street (FactSet). Tesla reported non-GAAP automotive gross margin (excluding regulatory credits) of 30.0%, which was an all time high. Tesla... More