Qraft Technologies, a South Korean fintech firm backed by SoftBank, significantly boosted its Tesla investment in December, mirroring a broader market shift fueled by anticipation of Trump’s economic policies. This move, alongside investments in other ‘Trump trades,’ highlights the volatile market and the potential impact of the incoming administration.
Tesla has launched an official Apple Watch app, allowing users to lock/unlock their car, control climate, check battery levels, and more, directly from their wrist. This marks a significant upgrade to Tesla’s key functionality, moving beyond third-party apps.
Tesla CEO Elon Musk taunted short sellers after the stock price soared past $400 on Robinhood, fueled by positive analyst upgrades and advancements in Tesla’s full self-driving software. Analysts are increasingly bullish on Tesla’s future, despite a high market cap.
Following Roth MKM’s bullish upgrade, Bank of America and others raise Tesla’s price targets, citing impressive advancements in FSD technology and anticipation of new products. However, not all analysts are optimistic.
A Delaware judge’s second rejection of Elon Musk’s massive Tesla compensation package has ignited a firestorm of criticism from prominent figures in the tech world and investment community, raising serious questions about Delaware’s corporate governance and sparking a heated debate about shareholder rights versus judicial overreach.
Ark Invest CEO Cathie Wood forecasts a positive stock market outlook under a Trump administration, anticipating a broader market with benefits for small businesses and innovation-led companies. She highlights potential regulatory clarity for fintech and Bitcoin, but cautions against expecting linear growth.
Tesla’s Cybertruck is making waves in the EV market, with strong Q3 sales surpassing competitors like Ford’s F-150 Lightning and Rivian’s R1T. However, production constraints and higher-than-expected pricing limit its overall impact, falling short of Elon Musk’s ambitious production targets.
China’s BYD, a major player in Apple’s manufacturing, surpasses Tesla in quarterly revenue and is now venturing into AI with Nvidia. This success story highlights BYD’s remarkable growth across automotive and consumer electronics, fueled by strategic partnerships and technological innovation.
Chinese electric vehicle (EV) giant BYD Co Ltd. reports a stunning 68% year-over-year increase in new energy vehicle sales in November, surpassing Tesla in quarterly revenue for the first time since 2022, though Tesla maintains a lead in net profit. BYD’s aggressive expansion and focus on both pure EVs and plug-in hybrids are key factors in its success.
Gary Black, Managing Partner of The Future Fund LLC, argues that Tesla’s reliance on price cuts for growth is insufficient. He believes Tesla needs new vehicle form factors to capture untapped market segments and achieve its projected 20-30% volume growth in 2025. This analysis comes after Tesla’s Q3 earnings report, which showed revenue growth but missed analyst expectations.
