Goldman Sachs weighs in on Tesla Motors

|About: Tesla Motors (TSLA)|By:, SA News Editor

Goldman Sachs maintains a Neutral rating on Tesla Motors (TSLA) after meeting with management.

The investment firm heard from Tesla execs that the Model S build out will step up in H2 and the Model X should be out before the end of the year.

Of note, Tesla management indicated the company's commercial relationship with Panasonic hasn't changed. The statement could be taken as a denial that Panasonic has pulled out in any way from the Gigafactory project.

TSLA +0.2% premarket