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Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’
Benzinga5d agobullish
Gary Black Explains Tesla’s US EV Market Share Surge, Points to Legacy Retreat, Model Y Rejig: ‘It’s Implausible…’

Investor Gary Black says that Tesla Inc.‘s (NASDAQ:TSLA) dominance over the U.S. domestic EV market could be attributed to a scaling down of EV efforts by legacy automakers, among other reasons. Model Y Rejig Drove Higher Sales In a post on X on Sunday, the Future Fund LLC co-founder quoted a post by Tesla investor and influencer Sawyer Merritt, which referenced a Wall Street Journal article about Tesla’s market share in the U.S. EV sector. “Correlation is not causation,” outlining “two main rea

Cathie Wood Sees an Economic Boom Wall Street Isn’t Pricing In
24/7 Wall St.6d agoneutral
Cathie Wood Sees an Economic Boom Wall Street Isn’t Pricing In

Cathie Wood is invoking the Industrial Revolution to argue Wall Street is anchored to a growth trend that artificial intelligence and converging technologies are about to shatter. The gap between what the consensus expects and what she sees coming is exactly where the portfolio opportunity lives.

Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market, Taking Direct Aim at Waymo and Tesla
Insider Monkey6d agoneutral
Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market, Taking Direct Aim at Waymo and Tesla

According to an August 29 report, Amazon.com Inc. (NASDAQ:AMZN)’s Zoox is expanding its robotaxi service in San Francisco, pitting the company more directly against Waymo while intensifying the broader robotaxi competition that also includes Tesla Inc. (NASDAQ:TSLA) in one of the country’s most closely watched autonomous-vehicle marketplaces. Zoox has received a federal exemption allowing it […]

Tesla Is Reclaiming the U.S. EV Market as Legacy Automakers Retreat
The Wall Street Journal6d agoneutral
Tesla Is Reclaiming the U.S. EV Market as Legacy Automakers Retreat

Elon Musk once predicted that an end to America’s federal electric-vehicle tax credit would be painful for Tesla at first, but ultimately beneficial to the automaker in the long run. Recent auto-sales data indicates that Tesla is once again gaining ground in the U.S. EV market as legacy automakers retreat from battery-powered cars. Musk’s company is back to comprising more than half of the U.S. EV market, with a 52% share in 2026 through August, up from 43% a year earlier, according to Motor Intelligence.

Jim Cramer Couldn’t Blame Anyone Who Held These Two Elon Musk Stocks
Insider Monkey7d agoneutral
Jim Cramer Couldn’t Blame Anyone Who Held These Two Elon Musk Stocks

Cramer discussed Tesla, Inc. (NASDAQ:TSLA) and Space Exploration Technologies Corp. (NASDAQ:SPCX) in the context of the firms CEO, Elon Musk. The CNBC TV host has discussed the billionaire executive multiple times over the past couple of months and has praised him for his forward thinking. Specifically for Tesla, Inc. (NASDAQ:TSLA), he agreed with Musk about […]

Tesla (TSLA)’s China Growth Streak Hits Double Digits, But Barely
Insider Monkey7d agoneutral
Tesla (TSLA)’s China Growth Streak Hits Double Digits, But Barely

Reuters reported on September 2, citing data from the China Passenger Car Association that Tesla, Inc. (NASDAQ:TSLA)’s China-made electric vehicle sales grew just 3.6% year over year in August, a sharp slowdown from July’s 38% gain. The Shanghai factory, which produces Model 3 and Model Y vehicles for domestic sale and export to Europe, Asia […]

3 Unpopular Stocks with Open Questions
StockStory7d agoneutral
3 Unpopular Stocks with Open Questions

Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.