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Electric Vehicles Update - Lotus Emeya Sets New Benchmark For EV Performance
Simply Wall St.17d agoneutral
Electric Vehicles Update - Lotus Emeya Sets New Benchmark For EV Performance

Lotus Technology Inc. has set a new benchmark for electric vehicle performance with its Lotus Emeya hyper-GT, which completed a lap at Malaysia's Sepang International Circuit in 2:20.317. This achievement surpassed the previous best EV lap time at the circuit by over seven seconds, showcasing significant advancements in electric vehicle performance on a demanding track known for its combination of high-speed straights and challenging corners. The event underscores a broader commitment within...

Is Passive Investing Sabotaging Fund Managers?
The Wall Street Journal17d agoneutral
Is Passive Investing Sabotaging Fund Managers?

Mutual-fund managers can’t catch a break, and maybe they never will. Hedge-fund manager David Einhorn  caused a stir two years ago when he called markets “fundamentally broken.” Money regularly comes out of paychecks and pours into index funds tracking the S&P 500, buying stocks with no regard to value—only their weighting.

Elon Musk's Tesla Releases Wall Street Estimates Ahead of Q2 Earnings: Here's What Analysts Expect
Benzinga17d agoneutral
Elon Musk's Tesla Releases Wall Street Estimates Ahead of Q2 Earnings: Here's What Analysts Expect

Tesla Inc. (NASDAQ:TSLA) released its company-compiled data of sell-side analysts’ forecasts for the automaker’s second-quarter 2026 earnings estimates ahead of this week’s earnings call. Analysts Predict $27 Billion in Revenue On Saturday, the Elon Musk-led automaker announced earnings forecasts from analysts at JP Morgan Chase & Co. (NYSE:JPM), Goldman Sachs Group Inc. (NYSE:GS) and several others. Read Also: This Week in Tesla: Elon Musk Faces Pay Package Questions, US EV Prices Fall and More

Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3
Simply Wall St.17d agoneutral
Mercedes Benz (XTRA:MBG) Unveils CLA 250 Plus To Take On Tesla Model 3

Mercedes-Benz Group (XTRA:MBG) has unveiled the revamped CLA 250+, a new luxury electric vehicle. The CLA 250+ is positioned as a direct competitor to Tesla's Model 3 in the premium EV segment. The model features an updated design, extended driving range, and a suite of advanced technologies. Mercedes-Benz Group is using the CLA 250+ to reinforce its presence in the growing luxury EV space, where established automakers and pure-play EV companies are competing for market share. The model...

Bloomberg18d agoneutral
Big Tech Needs to Justify AI Spending as Investors Dump Stocks

(Bloomberg) -- After last week’s wipeout in chips and the broader selloff in technology stocks, pressure is building for the biggest spenders on artificial intelligence to justify their expenditures to beleaguered traders with increasingly itchy fingers hovering over their sell buttons.Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz

Investing.com18d agoneutral
Tesla stock: How much does an improved auto business matter?

Investing.com -- Tesla’s stronger automotive performance should improve near-term earnings and help finance its artificial intelligence investments, but Morgan Stanley and Barclays said Robotaxi, Full Self-Driving and Optimus remain the main drivers of the stock’s valuation.

Bank of America revamps Tesla forecast before earnings
TheStreet18d agoneutral
Bank of America revamps Tesla forecast before earnings

Tesla (TSLA) CEO Elon Musk, whom JPMorgan CEO Jamie Dimon once called “our Einstein", has had plenty on his plate lately. SpaceX’s (SPCX) latest Starship launch was aborted, sending the stock tumbling below its IPO price to $123.99 on Friday, 45% below its post-listing peak, according to ...