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A pessimistic Tesla forecast

Tesla
Close up of Tesla logo on a charger at a Supercharger rapid battery charging station. Photo: Smith Collection/Gado/Getty Images

A new Goldman Sachs research note suggests that Tesla is not equipped to meet its upcoming targets for production of the mass-market Model 3. The analysis led by Goldman's David Tamberrino also sees erosion of the stock price that regained momentum last week when Tesla reported its latest production and delivery data.

Why it matters: It paints a daunting picture of headwinds the Silicon Valley automaker faces as it tries to scale up production of the car that is key to the company's long-term future.