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$Tesla(TSLA.US$ Quick summary:
- Elon announced an affordable model by early 2025 (possibly end 2024).
- Q1 profit, revenue, and margins drop way below forecasts.
- Global vehicle inventory increases to 28 days (from 15 days).
- TSLA rallied upon optimism on new models, despite an underwhelming quarter.
Tesla recently reported a significant 55% drop in Q1 profits and a 9% decline in revenue, and it caused mixed emotions within investors. However, during the earnin...
- Elon announced an affordable model by early 2025 (possibly end 2024).
- Q1 profit, revenue, and margins drop way below forecasts.
- Global vehicle inventory increases to 28 days (from 15 days).
- TSLA rallied upon optimism on new models, despite an underwhelming quarter.
Tesla recently reported a significant 55% drop in Q1 profits and a 9% decline in revenue, and it caused mixed emotions within investors. However, during the earnin...
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US stocks continued to be under pressure this week. The NASDAQ index fell more than 1%, falling for four consecutive days, and the S&P 500 index was not spared. Both fell to their lowest point in nearly two months. Among technology stocks, Google showed outstanding performance, rising against the market, while chip stocks generally suffered setbacks. Nvidia and Asmack fell by nearly 4% and 7%, respectively. Meanwhile, United Airlines surged 17% after its earnings report was released. In the European stock market, the technology sector fell by more than 3%. Despite this, LVMH and Adidas rose nearly 3% and 9% respectively after the earnings report, showing the strong performance of some individual stocks.
In terms of monetary policy, the New York Federal Reserve suggests that the Federal Reserve may stop reducing its balance sheet next year, and the scale is expected to shrink to 6 to 6.5 trillion US dollars. Furthermore, the Federal Reserve's latest Beige Book shows that although inflation is moderating, consumers are still very sensitive to prices. In the US bond market, 20-year bond auctions attracted strong demand, yet bid interest rates were close to the highest level in history. The 10-year US Treasury yield fell significantly from a five-month high, and the US dollar index stopped rising for five consecutive days.
In the commodity market, crude oil prices plummeted by more than 3%, the biggest one-day decline in three months. At the same time, gold also fell from a record high for four consecutive days. In terms of metal prices, the prices of copper and lentine have shown some elasticity, and both have rebounded.
In the Chinese market, despite global market turmoil, the China Securities Index fell for the third day in a row, but Xiaopeng Motors bucked the trend and rose nearly 4%. The offshore renminbi appreciated significantly, exceeding 200 points, reaching a one-week high. China A...
In terms of monetary policy, the New York Federal Reserve suggests that the Federal Reserve may stop reducing its balance sheet next year, and the scale is expected to shrink to 6 to 6.5 trillion US dollars. Furthermore, the Federal Reserve's latest Beige Book shows that although inflation is moderating, consumers are still very sensitive to prices. In the US bond market, 20-year bond auctions attracted strong demand, yet bid interest rates were close to the highest level in history. The 10-year US Treasury yield fell significantly from a five-month high, and the US dollar index stopped rising for five consecutive days.
In the commodity market, crude oil prices plummeted by more than 3%, the biggest one-day decline in three months. At the same time, gold also fell from a record high for four consecutive days. In terms of metal prices, the prices of copper and lentine have shown some elasticity, and both have rebounded.
In the Chinese market, despite global market turmoil, the China Securities Index fell for the third day in a row, but Xiaopeng Motors bucked the trend and rose nearly 4%. The offshore renminbi appreciated significantly, exceeding 200 points, reaching a one-week high. China A...
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All $Tesla(TSLA.US$ shareholders or pro Tesla people came here to mock $Lucid Group(LCID.US$. haha.
Well, just keep your fingers away from your keyboard and watch how Lucid will fly further, and then let your fingers to talk about your loving Tesla.
The fact is that Lucid's EV quality and battery efficiency are way better than Tesla's. Stop denying, people!
Elon's unethical behaving and actions in the capital market are already down signals for Tesla. You all Tesla shareholders better keep watching his share dumps will come in the near future. Don't forget Elon is more like investor not the true leader. He took the CEO title at Tesla as a narcissistic investor who unfairly treated the initial engineers. His involvement in coin market.... so unethical!
Well, just keep your fingers away from your keyboard and watch how Lucid will fly further, and then let your fingers to talk about your loving Tesla.
The fact is that Lucid's EV quality and battery efficiency are way better than Tesla's. Stop denying, people!
Elon's unethical behaving and actions in the capital market are already down signals for Tesla. You all Tesla shareholders better keep watching his share dumps will come in the near future. Don't forget Elon is more like investor not the true leader. He took the CEO title at Tesla as a narcissistic investor who unfairly treated the initial engineers. His involvement in coin market.... so unethical!
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$Advanced Micro Devices(AMD.US$One of the reasons I bought AMD at 35 then 52 then 106 is because THANKS TO AMD building a PC finally is affordable . Before AMD , Intel was super charging us and made so much money on our backs with overpriced products. I'll never forget that. So yes. AMD all the way.
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$Rivian Automotive(RIVN.US$ trades lower on a Teslarati report that the EV maker will delay future deliveries of its R1T all-electric pickup and R1S all-electric pickup SUV until 2022.
Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
The breakdown through an informal poll on the Rivian forum:
$Lucid Group(LCID.US$ $Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$
Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
The breakdown through an informal poll on the Rivian forum:
$Lucid Group(LCID.US$ $Tesla(TSLA.US$ $NIO Inc(NIO.US$ $XPeng(XPEV.US$
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