Why Goldman Sachs is staying super bullish on the Elon Musk-led Tesla

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[{"selector":"#anim-db68648a-d0b4-49a3-bfa6-456513279a0c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(7.375776415028714%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-9de91837-70e5-4851-b17a-8d334f982c25","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1222eea3-3285-4aa6-8179-31511c479588","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0e9ac901-8547-4706-904d-c38add584ddb","keyframes":{"opacity":[0,1]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-728566a8-b060-4603-8787-078b555e7d82","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] In a new paper examining winners from the transition to autonomous driving

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[{"selector":"#anim-fe576938-fe39-4ea2-808c-1dc17c96a028 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-a9828aca-1277-4b65-852b-ba05217da271","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c0f986ad-4afb-4269-9efb-de2f7f3bb0f5","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-11d02792-c4f8-40b4-ae77-4d00cb0b31d5","keyframes":{"opacity":[0,1]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3b56b9c3-7e57-43cd-855a-788a10c2e07f","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The endorsement comes after a tumultuous few weeks for Elon Musk, the CEO of Tesla, and the company's stock.

[{"selector":"#anim-582262f1-c2d9-439e-8334-9e7edf15e925 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-ae896c6e-656c-4eca-a9cd-0d621f0161c2","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c052f9ef-8b80-4aac-8d0a-60ddac7aca9f","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-30383827-77cf-4a75-9767-d9c018b7d2e2","keyframes":{"opacity":[0,1]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1718dcce-1aff-4d71-94fd-4a6a2a8abd73","keyframes":{"transform":["translate3d(108.14606%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] Regarding the latter, the September retail sales data, which was released on Friday

[{"selector":"#anim-f5e67a76-dc14-4f4c-933d-65686343c693 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-7.105427357601002e-15%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-d8de075a-0177-4e55-9635-79c9104ab963","keyframes":{"opacity":[0,1]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-266a7574-c389-4edb-933a-9e4cb7fcc780","keyframes":{"transform":["translate3d(107.52089%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8fcd3e8d-e0fc-481b-bfab-ad6b3d934252","keyframes":{"opacity":[0,1]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fed41687-f724-4b2e-99d7-074bba22ed15","keyframes":{"transform":["translate3d(107.58427%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":1000,"duration":0,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] showed a modest decline in auto sales, confirming recent pessimistic commentary on the auto market from companies like Ford and CarMax.

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Why Goldman Sachs is staying super bullish on the Elon Musk-led Tesla

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Wall Street banks' profits slide as economic clouds loom, some beat forecasts