By Joey Klender Posted on January 21, 2025 Tesla can reverse a three-decade-old prophecy from Carl Sagan, who said in 1995 that U.S. manufacturing would decline, according to a note for Morgan Stanley. Sagan, an astronomer, said the U.S. would abandon manufacturing for service and information thirty years ago, but Adam Jonas of Morgan Stanley …
Tag archives: Investor’s Corner
Tesla analyst equates Cybertruck discounts to need for smaller, cheaper pickup
By Joey Klender Posted on January 16, 2025 A Tesla analyst believes the company is discounting the Cybertruck because consumers are thirsting for a smaller, more affordable all-electric pickup from the company. The note, which came from Global Equities Research analyst Trip Chowdhry, comes just a day after Tesla listed several Cybertrucks on its Inventory …
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Musk’s pay package was ‘a problem’ for huge pension fund that sold entire Tesla stake
By Joey Klender Posted on January 15, 2025 Elon Musk’s potential $56 billion pay package was the reason Europe’s largest pension fund sold its entire Tesla $TSLA stake recently, as the firm sold all of its $585 million worth of shares. A spokesperson for Stichting Pensioenfonds ABP said to Bloomberg that “We had a problem” with …