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