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Goldman Sachs reiterated its neutral rating on the stock before Tesla's third-quarter earnings report was released, with a target price of 360 US dollars. The bank expects that the rising production capacity of the Model Y long-range version will drive an increase in automobile sales revenue, but rising costs and capital expenses may limit the upward space for earnings per share in 2026. Goldman Sachs believes that the impact of autonomous taxis, fully autonomous driving systems, and humanoid robots on Tesla's stock price will exceed the third quarter earnings report itself.
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Goldman Sachs reiterated its neutral rating on the stock before Tesla's third-quarter earnings report was released, with a target price of 360 US dollars. The bank expects that the rising production capacity of the Model Y long-range version will drive an increase in automobile sales revenue, but rising costs and capital expenses may limit the upward space for earnings per share in 2026. Goldman Sachs believes that the impact of autonomous taxis, fully autonomous driving systems, and humanoid robots on Tesla's stock price will exceed the third quarter earnings report itself.
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