Tesla faces an evolving financial landscape, with decelerating adoption, impacted revenues, uncertain prospects amidst competition. Read more on TSLA stock here...
Continue ReadingShares have posted returns around 10x the market average in the last decade, with the company now sporting the 9th largest market capitalization in the world. Tesla has significantly lowered the selling prices on its EV lineup over the past 12 months, which is likely to spur more customer demand. In Q3 of this year, Tesla's vehicle deliveries grew 27% year over year to 435,000...
Continue ReadingFor Q2 2023, Deep Sail Capital Partners returned -23.3% net of fees while averaging 78% net long exposure. Click here to read the full fund letter...
Continue ReadingWe have a special focus on Monolithic Power, including its offense-and-defense business qualities, financials, valuation and risks. Read more about MPWR stock here...
Continue ReadingFord (F), General Motors (GM), and Tesla (TSLA) are all warning there may be tough times ahead for the U.S. electric vehicle market. It come after more than 313,000 EV's were sold in the U.S. in the third quarter, a new record, according to data from Cox Automotive. Yahoo Finance Senior Autos Reporter Pras Subramanian explains why this may be a tipping point for U.S. EV sales. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live...
Continue ReadingElectric vehicle sales have hit a tipping point in the US...
Continue ReadingFord shares tumbled Friday after third-quarter earnings fell short of estimates amid concerns about costs tied to the transition to electric vehicles and the automaker's tentative agreement with the United Auto Workers union...
Continue ReadingFord, General Motors and Mercedes-Benz all responded to concerns over waning demand for electric vehicles this week, as automakers navigate the EV push...
Continue ReadingTesla Inc. is under investigation by the U.S. Department of Justice (DOJ) for potentially exaggerating the range of its electric vehicles (EVs). According to a July 27 report from Reuters, Tesla created a special "diversion team" to cancel service appointments from customers who complained about range issues. The report alleges that Tesla employees were directed to cancel range-related appointments. Reuters reported the team was created because the Tesla service centers were flooded with complai...
Continue ReadingBattery-powered tools are fantastic for small jobs. But electrics cars are a work in progress...
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