Tesla chief executive Elon Musk is calling out Goldman Sachs after the bank encouraged investors to sell the carmaker’s stock.
“Place your bets,” Musk quipped on Twitter, appearing to challenge would-be sellers to exit at their own risk.
The CEO’s response comes shortly after Goldman analysts advised clients to ditch the stock, worried that Tesla won’t be able to meet its Model 3 production goals by the end of June.
Odd Anderson | AFP | Getty Images Tesla's CEO Elon Musk
“We believe the sustainable production rate for the second quarter of 2018 is most likely below the 2,000 vehicle mark the company achieved in the final week of the [first] quarter,” Goldman analyst David Tamberrino wrote Tuesday. “We see the company likely sustaining Model 3 production around the 1,400 per week mark.”
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