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Tesla Sales Have 'Bottomed,' Says Ross Gerber As Iran War-Driven Gas Price Spike Pushes More Drivers Toward EVs
Benzinga75d agoneutral
Tesla Sales Have 'Bottomed,' Says Ross Gerber As Iran War-Driven Gas Price Spike Pushes More Drivers Toward EVs

Investor Ross Gerber thinks that the Iran war has had a positive impact on Tesla Inc. (NASDAQ:TSLA) sales as gas prices reach new highs, prompting an EV shift. Tesla Sales Have ‘Bottomed’ In a post on X, the Gerber Kawasaki co-founder said that the EV giant’s sales have “bottomed” and were “looking better.” He pointed to high fuel costs as one of the reasons. “High gas prices work their magic,” he said, adding that customers wanted “the best EVs despite the dissonance.” Read Also: Tesla Sales Re

Tesla Robotaxi Stumbles In Texas As Autonomy Hype Meets Rich Valuation
Simply Wall St.75d agobearish
Tesla Robotaxi Stumbles In Texas As Autonomy Hype Meets Rich Valuation

Tesla has begun rolling out its robotaxi service in Texas, tying a key part of its future to autonomous ride hailing. Early riders and local reports point to basic routing errors and minor low speed collisions during these first weeks of operation. These on the ground issues are emerging as Tesla positions autonomy and AI driven transport as central to its business story. Tesla (NasdaqGS:TSLA) enters this phase of its robotaxi push with the stock trading at $426.01 and up 5.4% over the past...

GuruFocus.com75d agoneutral
Ferrari Shares Slide Nearly 8% After Luce EV Backlash

Ferrari (NYSE:RACE) shares dropped nearly 8% after the unveiling of the company's first fully electric vehicle, the 550,000 Luce, drew a wave of criticism from analysts and social media influencers. The four-door, five-seat EV marks a major shift for Ferrari, with the company moving away from the design language associated with Flavio Manzoni and bringing in former Apple design chief Jony Ive to help shape the vehicle. The market reaction was immediate, with Ferrari shares falling as much as 7.8% in early Milan trading before sitting 6.4% lower at 1:37 p.m., marking the steepest decline since October and putting fresh investor attention on the risks behind Ferrari's EV transition.

Ferrari’s New EV Looks Like a Nissan Leaf—and Costs $640,000
Barrons.com75d agoneutral
Ferrari’s New EV Looks Like a Nissan Leaf—and Costs $640,000

Ferrari is going electric while others are shying away from the space, and investors don’t look happy about it—especially when the design of the car in question doesn’t reach the standards buyers expect from the luxury automaker. It’s named the Luce, after the Italian word for light. Ferrari’s U.S.-listed shares dropped 4.4% to $332.95 in early trading on Tuesday, while the and were up 0.7% and 0.3%, respectively.

Microsoft Should Be Thrown Out Of Magnificent 7
24/7 Wall St.75d agoneutral
Microsoft Should Be Thrown Out Of Magnificent 7

The Magnificent 7 are supposed to comprise the world’s hottest megacap companies. Their businesses will control the future. They are a mix of AI, search, the future of vehicles and robots, Alphabet (parent company of Google), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Meta Platforms (parent company of Facebook and Instagram), Microsoft, Nvidia (NASDAQ: NVDA), and ... Microsoft Should Be Thrown Out Of Magnificent 7

SpaceX Files IPO With Tens Of Trillions At Stake
24/7 Wall St.75d agoneutral
SpaceX Files IPO With Tens Of Trillions At Stake

A recent episode of Moonshots with host Peter Diamandis focused on how SpaceX could become the largest IPO in financial history. SpaceX has filed paperwork for a $75 billion public offering at a valuation of $1.75 trillion. For context on scale, the panel noted the deal would be over 2.5 times larger than Saudi Aramco’s record ... SpaceX Files IPO With Tens Of Trillions At Stake

Tesla vs Nvidia: Both Market Favorites, But One Is a Best Buy Now
24/7 Wall St.75d agobullish
Tesla vs Nvidia: Both Market Favorites, But One Is a Best Buy Now

Tesla (NASDAQ: TSLA) and NVIDIA (NASDAQ: NVDA) just delivered post-earnings updates that frame the AI trade in opposite ways. Tesla is pitching a future of robots, robotaxis, and software fleets. NVIDIA is already selling the picks and shovels at scale. Both stocks sit near the heart of every AI portfolio, yet the businesses behind the ... Tesla vs Nvidia: Both Market Favorites, But One Is a Best Buy Now

Latest News In Energy Transition - Revolutionizing Wind Turbine Blade Recycling: A Billion-Dollar Opportunity
Simply Wall St.75d agoneutral
Latest News In Energy Transition - Revolutionizing Wind Turbine Blade Recycling: A Billion-Dollar Opportunity

The global wind turbine blade recycling market is set to experience significant growth, expanding from $64.96 billion in 2024 to $158.9 billion by 2030, driven by decommissioning of first-generation turbines reaching their end-of-life. This market expansion is being fueled by corporate sustainability commitments, integrated recycling initiatives, and regulatory actions particularly in North America and Europe to limit landfill disposal of blades. The focus on circular economy principles is...

The Question About Elon Musk That SpaceX Refuses to Answer Before Its IPO
24/7 Wall St.75d agoneutral
The Question About Elon Musk That SpaceX Refuses to Answer Before Its IPO

There’s a question floating around the biggest IPO in history, and SpaceX has chosen its words very carefully to avoid answering it. I’ve been reading pre-IPO paperwork for nearly two decades, and what’s missing from this one tells you more than what’s in it. The company is reportedly heading to NASDAQ in June 2026 at ... The Question About Elon Musk That SpaceX Refuses to Answer Before Its IPO