08-07-2017 18:20 via feedproxy.google.com

GOLDMAN SACHS: It looks like demand for Teslas has peaked (TSLA)

Demand for Tesla's Model S sedan and its Model X SUV appears to have peaked, Goldman Sachs analysts said as they downgraded their outlook for the company.
Tesla on Monday said it delivered 22,000 vehicles in the second quarter, fewer than analysts including Goldman's David Tamberrino had expected. Deliveries slowed from a record of 25,000 cars in the first quarter amid issues with the largest battery pack for Tesla's electric cars.
"We believe the excess production above deliveries, the discont
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