Goldman Sachs views Tesla’s newly unveiled Model YL — a larger, six-seat variant of the Model Y — as a positive development for the company’s growth outlook. Designed to compete in the three-row SUV segment, the Model YL is slightly bigger than the original and is set to launch in China this fall at an estimated price of $56,000.
While the new model may cannibalize some sales from the Model Y and X, Goldman says it could significantly expand Tesla’s presence in key mid-size SUV markets across the U.S., Europe, and China. A lower-cost version of the Model Y or Model 3 is also expected in 2025.
Goldman projects 375,000 units from new models by 2027, though it notes risks from tariffs, competition, and pricing pressure.
The firm maintains a Neutral rating on Tesla with a $285 price target.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about goldman sachs maintains a neutral rating on tesla with a 285 price target was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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