Goldman Sachs has taken an interesting way to gauge the valuation of a company and its stock — buzz on social media. Its analysts used comments to warn on Tesla and its Model 3 sedan. Here is how they did it:
“Goldman analysts looked to gauge sentiment on the Tesla TSLA, +0.63% Model 3 by analyzing daily social-media posts and categorizing Twitter and Reddit posts as positive, negative, or neutral. The buzz has skewed negatively recently, they said.