David Tamberrino

Shares of General Motors Company (NYSE: GM) were trading lower by more than 3 percent early Monday morning likely in reaction to a downgrade by analysts at Goldman Sachs. The firm's David Tamberrino downgraded General Motors' stock rating from Neutral to Sell with an unchanged $32 price target (see...

Tesla Inc (NASDAQ: TSLA) shares closed up 6.5 percent on Thursday after the company reported a smaller-than expected Q2 earnings loss and reiterated its Model 3 production guidance. A number of Wall Street firms weighed in on the polarizing stock following the report. Here’s a sampling of...

Tesla Inc (NASDAQ: TSLA) wowed the Street with its second-quarter results, as evident by the strong rally by the shares in reaction to the results. However, the results did nothing to change the view of Tesla bears such as Goldman Sachs, which maintained its Sell rating on the company. Reviewing...

Two of Tesla Inc (NASDAQ: TSLA)’s biggest critics were forced to eat a little crow on Wednesday when the company reported a narrower-than-expected per-share loss, said it burned through significantly less cash than expected and reiterated its aggressive Model 3 production targets. Almost a...

With Tesla Inc (NASDAQ: TSLA) set to roll out its first ever Model 3 on Friday, Tesla bulls and bears are digging in their heels and bracing for would should prove to be a pivotal stretch for the auto maker. For anyone who hasn’t taken a side in the hotly-contested debate, here’s a...

Goldman Sachs analyst David Tamberrino remains extremely bearish on Tesla Inc (NASDAQ: TSLA), as he sees depleting margins and Model 3 production rates falling below the company's estimates. This caused him to reiterate his Sell rating and lower his price target from $190 to $180, representing...

Tesla Inc (NASDAQ: TSLA) is currently ahead of its OEM peers in terms of “vehicle technology adoption, electric vehicle architecture, and (potentially) battery scale,” Goldman Sachs analyst David Tamberrino said in a report. He added, however, the company’s shares could come under...

According to some analysts, President-elect Donald Trump is a "god-sent gift" to Tesla Motors Inc (NASDAQ: TSLA), as the company's commitment to building factories and employing thousands of Americans is in line with Trump's thinking. Tesla's CEO Elon Musk is spending billions of dollars to create...

David Tamberrino of Goldman Sachs offered his take on Tesla Motors Inc (NASDAQ: TSLA)'s conference call on Tuesday to better explain the rational behind its proposed acquisition of SolarCity Corp (NASDAQ: SCTY). Cash Flow The acquisition of SolarCity is expected to add $500 million of cash to Tesla...

Tesla Motors Inc (NASDAQ: TSLA) reported solid Q3 2016 results. The company may need to raise capital in Q3 2017, Goldman Sachs’ David Tamberrino said in a report. He maintained a Neutral rating on the company, with a 6-month price target of $190. Bear Thesis Tamberrino mentioned that...

The U.S. auto cycle is currently held at a plateau after peaking in 2015, said Goldman Sachs analyst David Tamberrino. Increasing OEM incentives is the key reason the market has held at a plateau, according to the analyst. “We believe this environment can hold through 2017, but we see a path...

Goldman Sachs’ David Tamberrino believes that following its 7.5 percent decline since the beginning of March, AutoNation, Inc. (NYSE: AN) shares have bottomed and that the stock could remain flat to slightly up in the near term. Tamberrino upgraded the rating on the company from Sell to...

Goldman Sachs has downgraded BorgWarner Inc. (NYSE: BWA) to Neutral from Buy and cut its six-month price target to $35 from $37 on valuation as well as investors' concerns over medium-term execution as OEM powertrain strategies evolve. "Overall we still remain positive on the company's ability to...

“The US Auto cycle peaked in 2015 and is currently being held at a plateaued level by increasing OEM incentives,” Goldman Sachs’ David Tamberrino said in a report. While maintaining Neutral ratings on the Detroit OEMs, the analyst mentioned that he favors Ford Motor Company (...