Goldman Sachs cuts Tesla to hold, upgrades General Motors to buy as it sees rebound in auto industry (TSLA, GM)

Business Insider

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· *Buy General Motors instead of Tesla, Goldman Sachs said in a note Thursday that highlighted its expectations for a rebound in the auto industry.*
· *Goldman now expects global auto sales for 2020 to decline 14.5% year-over-year, an improvement from its previous estimate for a 17% drop, and expects auto sales to climb 8.5%...

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