With EV sales slumping, Elon Musk is touting Full Self-Driving and other moonshots. BYD broke out as gross margins hit a high...
Continue ReadingHad it not been for the substantial earnings contribution from the Mag 7, Q1 earnings growth for the rest of the S&P 500 index would be in negative territory. Now, we await Nvidia...
Continue ReadingEven by Elon Musk’s mercurial standards, this has been quite a week. On Sunday, it seemed as though the maverick billionaire boss of Tesla, SpaceX.....
Continue ReadingTesla (TSLA) stock soared last week, seeing its biggest one-day gain of 2024 after the company announced it would accelerate the launch of a more affordable vehicle. But not everyone is bullish on Tesla. Bireme Capital Co-founder and Chief Investment Officer Evan Tindell joins Catalysts to talk about why he has taken a short position on the electric vehicle pioneer. "We could easily see Tesla dropping 50%," he explains, citing the loss of market share as electric vehicle competition heats up among auto manufacturers. He also points to self-driving capabilities and robotaxi promises that continue to be pushed off by CEO Elon Musk have soured his outlook on Tesla stock. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl...
Continue ReadingLex Fridman, an accomplished AI researcher, MIT scientist and influential podcast host, is known to be well-informed regarding the most cutting-edge technological innovations. Given he's interviewed a wide range of experts at the top of their fields, including Elon Musk, Jeff Bezos and Mr. Beast, it can be hard to impress him. However, Boston Dynamics' Atlas Robot did just that, with Mr. Fridman posting on X "Congrats to Boston Dynamics on their new electric version of Atlas robot. Thanks to all...
Continue ReadingToyota stock is trouncing Tesla in 2024, and while a popular explanation is the consumer shift to hybrid vehicles, investors shouldn’t forget about the Yen. In 2023, Toyota exported some two million vehicles from Japan, about 20% of its total sales. There is also the benefit of a relatively lower cost structure, which can be used to expand profit margins or market share—or both...
Continue ReadingDJT has been a wild ride and as opposed to a very overpriced tiny position buy with Destiny Tech100 Inc. Read more on DXYZ here...
Continue ReadingThe U.S. National Highway Traffic Safety Administration said on Friday it has closed an engineering analysis opened to investigate the loss of rear-view cameras in about 158,716 Tesla's Model X and Model S vehicles. The safety regulator said Tesla's recall of the vehicles appears to address the risk presented by the failure of the component and it will continue to monitor the effectiveness of the recall. The regulator's Office of Defects Investigation (ODI) found that the component that led to the malfunctioning of the rear-view camera has a finite lifespan and once consumed would no longer be functional...
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Continue ReadingApple stock gives the S&P 500 and Nasdaq Composite indexes a big boost. Shares of Tesla, however, are lagging Friday...
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