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Tesla cash burn to test investor faith in AI bets
Reuters24d agoneutral
Tesla cash burn to test investor faith in AI bets

Tesla is expected to report its first quarterly cash burn in over two years on Wednesday, as its spending on AI and robotics soars, intensifying investor scrutiny over when those bets ‌will pay off. CEO Elon Musk has pivoted the electric-vehicle maker's focus from manufacturing cars to building so-called physical AI businesses ‌such as self-driving taxis and humanoid robots. However, investors are growing increasingly uneasy as spending on AI infrastructure, including data centers, and ​manufacturing capacity is projected to climb to $25 billion this year, outstripping quarterly cash generated by Tesla's core automotive and energy operations.

Tesla (TSLA) Tests Semi On Chicago Routes As Fair Value Debate Heats Up
Simply Wall St.24d agoneutral
Tesla (TSLA) Tests Semi On Chicago Routes As Fair Value Debate Heats Up

Paper Transport LLC’s new partnership with Tesla (TSLA) to test the Tesla Semi Long Range on fixed Chicago routes gives investors a fresh, real world data point on the company’s battery electric freight ambitions. See our latest analysis for Tesla. Tesla’s share price has recently been under pressure, with a 1 day share price return of 2.96% lower and the year to date share price return down 15.64%, even as the 1 year total shareholder return of 12.51% and 5 year total shareholder return of...

Ahead of Tesla Earnings, Gary Black Says Cybercab Fleet Milestone Is 'Irrelevant' Until This Critical FSD Goal Is Achieved: 'Just for Show'
Benzinga24d agoneutral
Ahead of Tesla Earnings, Gary Black Says Cybercab Fleet Milestone Is 'Irrelevant' Until This Critical FSD Goal Is Achieved: 'Just for Show'

Tesla Inc.‘s (NASDAQ:TSLA) Cybercab fleet expansion does not impress investor Gary Black of The Future Fund LLC, who says that any expansion would not amount to much unless true autonomy is achieved. Cybercab Irrelevant to Investors In a response to user @CuriousPejjy, who talked about the recent sighting of over 245 Cybercab units at the company’s Giga Texas facility, Black said that the number of “cybercabs parked at Giga Texas is irrelevant to investors” as long as the vehicles could not auto

Asia stocks up as chip stocks recover, oil eases
AFP24d agoneutral
Asia stocks up as chip stocks recover, oil eases

Asian stocks mostly rebounded after days of losses on Tuesday led by technology shares, while oil prices eased slightly even as Iran said it had struck hit US military targets in Bahrain and Kuwait.Iran's Revolutionary Guards said on Tuesday they hit US military targets including air defence systems in Bahrain and Kuwait, state news agency IRNA reported.

Elon Musk just got a new rival on three fronts
TheStreet24d agoneutral
Elon Musk just got a new rival on three fronts

Every dominant company eventually meets the competitor it decided not to take seriously. The pattern is boring by now. The incumbent has the brand, the cash and the head start, so the upstart gets filed under interesting rather than dangerous, right up until the quarter it stops being either. Elon ...

US stocks edge down with Iran and earnings season in focus
Reuters Videos24d agoneutralVIDEO
US stocks edge down with Iran and earnings season in focus

<body><p>STORY: Stocks started the week on a down note, with the Dow falling about six tenths of one percent, while the S&P 500 dropped two tenths and the Nasdaq ended basically flat.</p><p>:: Archive</p><p>Investors looked for moves toward de-escalation in the Middle East&nbsp;while they waited for earnings reports due from major technology companies later in the week.</p><p>Melissa Brown, managing director of investment decision research at SimCorp, says the technology firms will have to post significant earnings growth to maintain their lofty trading levels.&nbsp;</p><p>“Every company, whether it's Google or Tesla, obviously they have very different business models and different drivers of their business. But overall, I think to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you'd want to see higher earnings growth on top of good margins as well. So, we want the businesses to be profitable and growing.”</p><p>:: Archive</p><p>Meanwhile, Yemen's Iran-aligned Houthis said on Monday that they were imposing a naval blockade on Saudi Arabia, opening a new front in the U.S.-Iran war and widening the threat to global energy supplies and trade beyond the Gulf.&nbsp;</p><p>But a senior Iranian official told Reuters that mediators have passed Iran a proposal to de-escalate the war with the U.S. that would offer a 10-day ceasefire to find ways to revive an interim deal reached last month.</p><p>Stocks on the move included Paramount Skydance which lost two percent and Warner Brothers Discovery which slipped almost four percent after a judge halted their $110 billion merger temporarily as a coalition of states argued it would irreparably harm competition.</p><p>And shares of Domino’s Pizza gained two percent after the chain’s quarterly revenue edged past Wall Street estimates.</p></body>

Tesla (TSLA) Faces A New Fremont Neighbor As Agility Opens Robot Training Center
Simply Wall St.24d agoneutral
Tesla (TSLA) Faces A New Fremont Neighbor As Agility Opens Robot Training Center

Agility Robotics has opened a humanoid robot training center near Tesla's upcoming Optimus factory in Fremont. The facility sits next to the planned Tesla Optimus site, highlighting growing activity in humanoid robotics for industrial use. The development spotlights potential competition and collaboration between Tesla (NasdaqGS:TSLA) and Agility in advanced robotics. Tesla is best known for electric vehicles and energy products. The Optimus humanoid robot project signals a broader push...

Strong earnings growth needed to justify tech valuations, says expert
Reuters Videos24d agoneutralVIDEO
Strong earnings growth needed to justify tech valuations, says expert

<body><p>STORY: Citing Alphabet's Google and Elon Musk's Tesla as examples, Brown said that "to justify the high valuations that we see in a lot of those names, we would need to see good earnings growth, not just kind of your run-of-the-mill 10%, but you'd want to see higher earnings growth on top of good margins as well."</p><p>The second-quarter earnings season will pick up the pace this week, with results due from big names like Alphabet, Tesla, and Intel, broadening out the picture they provide of the health of corporate America.</p></body>