All posts tagged: ToTesla

Goldman Takes A Field Trip To Tesla & Rivian 

Goldman Takes A Field Trip To Tesla & Rivian 

Last month, Morgan Stanley analyst Adam Jonas described the electric vehicle industry as “extremely negative” and predicted further deterioration. Following this assessment, Goldman Sachs analysts met with executives from Tesla and Rivian on Thursday to delve deeper into the industry’s challenges.  Goldman’s Mark Delaney and other analysts first met with Tesla executives at the Fremont factory, including Martin Viecha (VP of IR), Abhinav Davuluri (Investor Relations Lead), and Travis Axelrod (Sr. Staff Program Manager, IR). They chatted about everything from the EV slowdown to vehicle pricing to the Cybertruck and artificial intelligence.  Here’s a summary of what was spoken about: Tesla is between growth waves; new products a key consideration: According to the comments from its last earnings call, Tesla is currently between two growth waves, and expects notably lower growth in 2024. Ramping new and refreshed models, and entering additional countries, could contribute to growth this year. Tesla is now using some digital advertising. The company has faced certain headwinds to production this year in Berlin, including the Red Sea conflict and loss of power. …