Claudia Tesla Inc. will likely tap the capital markets in the first half of next year amid heightened competition in electric vehicles, analysts at Goldman Sachs said in a note Tuesday. Goldman Sachs resumed its coverage of Tesla TSLA, -2.65% stock and kept its sell rating and a price target of $210. The bearish 10-page note weighed on Tesla stock, which extended its losing streak to a sixth trading session and traded as low as $292.60. The investment bank’s target represents a 28% downside...

Reuters Goldman Sachs Group Inc. has stopped covering Tesla Inc. stock as the investment bank is acting as a financial adviser in the company’s going-private talks. In a Wednesday note, Goldman did not specify the nature of its advisory role in the Tesla TSLA, -3.23% going-private plans, saying only that it was acting as a financial advisor “in connection with a matter that is fundamental to the reasonable analysis of the rating and price target for this stock.” Tesla shares fell more than 3%...