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‘Tesla won’t come close to target, but still a buy anyway’

Bloomberg Tesla Motors Inc. has set an unrealistic goal for itself and will probably miss 2018 production forecasts by a whopping 66 percent, according to a report by Goldman Sachs Group Inc. Should that dissuade you from buying the stock? Apparently not—the bank’s analysts upgraded their recommendation from “Neutral” to “Buy.” This is the sort of wild disconnect that Tesla ...

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New Prez mulls privatizations to plug budget gap in Brazil

  Bloomberg Brazil’s Acting President Michel Temer is studying the sale of state assets to shore up public accounts, as well as an audit of the country’s largest savings bank, said a government official with direct knowledge of the matter. A government task force will consider selling stakes in companies such as power utility Furnas Centrais Eletricas SA and BR ...

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Argentina auction seeks to spur $2 billion clean-power spending

  Bloomberg Argentina set rules for its first planned auction for renewable energy, an event that’s expected to spur as much as 1 gigawatt of new capacity led by wind and solar farms. The auction may drive as much as $2 billion in investments, the government said in an e-mailed statement. The deadline to submit proposals is Aug. 22 and ...

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