Goldman Sachs analyst Mark Delaney tells investors in a research note that the firm does not expect a disruption to Tesla’s (TSLA) business in California following a report that said Tesla could be suspended from sales in the state for 30 days if it does not change how it is marketing its Autopilot system. Given that the ruling gives Tesla time to comply, and given that Tesla has changed or used alternative names when marketing ADAS features in the past, the firm maintains a Neutral rating and $400 price target on Tesla shares.
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