Tesla Needs to Escape EV Price Wars
EV price wars have begun in China, and Tesla will have to cut prices to hold its market share. It faces a variety of headwinds there and in Europe and the United States.
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Douglas A. McIntyre
Walton Family Net Worth Jumps $28 Billion
The net worth of the three offspring of Walmart founder Sam Walton is almost $28 billion higher this year. The increase is probably part of a longer-term trend in Walmart stock.
Tesla Sales in Sweden Drop 87%
Sales of the Tesla Model Y plunged in Sweden in August. But the EV maker's problems are greater than that particular sales slump.
When Will Unemployment Go Back To 5%
The last time unemployment was 5% was in August 2021. The job market was rebounding from the COVID-19 pandemic, which had driven the jobless rate to 14.8% in April of the previous year. Economists…
NVIDIA Market Cap Tops Microsoft By $470 Billion
NVIDIA (NASDAQ: NVDA | NVDA Price Prediction) has the largest market cap in the world, at $4.25 trillion. Microsoft (NASDAQ: MSFT) is second, with a market capitalization of $3.77 trillion. That is a difference…
Tesla Rival BYD Hits A Home Run
In the first half of this year, China’s EV giant BYD made $2.1 billion on revenue of $52 billion. The net income was up 14% from the previous year. The numbers demonstrate the remarkable…
Ford Becomes the King of All Recalls
Ford has issued its 105th recall for 2025, an unprecedented number. Perhaps it is time for new management.
Tesla Self-Driving Feature Is a Loser
A recent analysis reveals that car buyers do not favor a self-driving feature. That sentiment is a headwind to Tesla’s sales recovery.
Tesla Loses Big to BYD in Europe
Chinese EV giant BYD outsold Tesla in the European Union in July. Tesla’s stock has declined by 13% this year.
Ford Falls Far Behind Tesla and GM in Software
A recent analysis reveals that Ford lags its rivals in monetizing its software. Few legacy automakers are positioned to compete with Tesla.
Nvidia CEO Huang’s Net Worth Hits $158 Billion
Nvidia posted another quarter of record revenue. CEO Jensen Huang's net worth has increased by $44 billion this year to $158 billion.
Apple to Launch iPhone 17 Next Month
Apple has announced a September 9 launch for the iPhone 17. However, its AI-based iOS is not due out until next year.
Your Gas Price Could Drop to $2.50
Goldman Sachs forecasts that the price of crude could decrease sharply. In some states, gas prices have already dropped to less than $3 a gallon.
Disney Park Ticket Prices Up 100%
A recent analysis reveals that some Walt Disney park ticket prices have increased 100% in the past decade.
Jeff Bezos Net Worth Is $250 Billion While He Parties
Jeff Bezos is the fourth richest person in the world and among the world’s most visible celebrities. His net worth relies on his Amazon holdings.
Tesla Is Worth 24 Times More Than Ford
Tesla is valued at 24 times more than Ford. The difference shows Ford’s lack of a future as much as Tesla’s expected success.
Lucid Shares Drop 80%
Lucid stock is down 80% over the past five years. The EV maker cannot overcome its problems of too much competition and cars that are too expensive.
Nvidia Thrown Out of China
China would prefer AI chips made by local manufacturers over those from Nvidia. Can CEO Jensen Huang broker peace between the U.S. and Chinese authorities?
The Post Office Should Be Closed Forever
The U.S. Postal Service lost $3.1 billion last quarter, and it is on its way to losing $10 billion this year. America no longer needs it. At the very least, it should be made…
This Analyst Thinks NVIDIA Will Fall 40%
Seaport Global Securities analyst Jay Goldberg downgraded NVIDIA (NASDAQ: NVDA | META Price Prediction) three months ago. He put a “sell” on the stock and a price target of $100. The idea is not…