Johannes Eisele/AFP via Getty Images UBS more than doubled its price target for Tesla on Tuesday, from $325 to $730, while keeping its neutral rating, citing the electric car maker’s emerging leadership in software. “Tesla has the potential to become one of the most valuable software companies,” the team of analysts, led by Patrick Hummel,… Continue reading UBS more than doubles its Tesla price target, citing huge upside in the automaker’s software business
Category: Automotive
Tesla will be the most profitable player in electric vehicles for years to come, UBS analysts say (TSLA, GM, VWAGY)
Tesla will be the most profitable EV maker in 2025 by far, UBS analysts say. Elon Musk’s automaker will realize $20 billion in operating profits that year, analysts estimate. Volkswagen will come in second, they say, but Tesla’s software gives it a major advantage. Visit the Business section of Insider for more stories. Even as… Continue reading Tesla will be the most profitable player in electric vehicles for years to come, UBS analysts say (TSLA, GM, VWAGY)
Early Tesla investor is worried about competition encroaching on Elon Musk from all sides
Steve Westly said Tesla is facing an increasingly crowded electric-car market. The former board member said Tesla could lose buyers to companies like General Motors or Volkswagen. Tesla is looking to make a cheaper vehicle and expand its market in other countries like China. Visit the Business section of Insider for more stories. Former Tesla… Continue reading Early Tesla investor is worried about competition encroaching on Elon Musk from all sides
Inside the cult of Cathie Wood, the rockstar stock-picker whose ETFs are dominating 2021
So far, this year has belonged to Cathie Wood. You could argue last year did too. The founder of ARK Invest has seen flows into her active exchange-traded funds beat those of massive franchises like BlackRock’s iShares, thanks to her blockbuster 2020 performance, which was driven by bets into mega-growth stocks like Tesla. Her funds… Continue reading Inside the cult of Cathie Wood, the rockstar stock-picker whose ETFs are dominating 2021
Bosch combines Industry 4.0 with AI
About Bosch The Bosch Group is a leading global supplier of technology and services. It employs roughly 394,500 associates worldwide (as of December 31, 2020). According to preliminary figures, the company generated sales of 71.6 billion euros in 2020. Its operations are divided into four business sectors: Mobility Solutions, Industrial Technology, Consumer Goods, and Energy… Continue reading Bosch combines Industry 4.0 with AI
@GM: Semiconductor Production Impacts at CAMI, Fairfax, San Luis Potosi and Gravatai March 3, 2021
Terms & Conditions LEGAL NOTICES PLEASE READ THESE TERMS CAREFULLY BEFORE USING THIS SITE THIS WEB SITE (THE “SITE”) IS PROVIDED BY GM FOR INFORMATIONAL PURPOSES ONLY. BY USING THE SITE, OR BY DOWNLOADING MATERIALS FROM THIS SITE, YOU AGREE TO ABIDE AND BE BOUND BY THE TERMS AND CONDITIONS CONTAINED BELOW AND ELSEWHERE WITHIN… Continue reading @GM: Semiconductor Production Impacts at CAMI, Fairfax, San Luis Potosi and Gravatai March 3, 2021
Samsung tells Texas it wants to create 1,800 jobs with a $17 billion factory in Austin
Samsung has submitted paperwork to Texas officials, requesting a billion dollars in tax incentives to make Austin the future home of the company’s $17 billion chip factory, as noted by Bloomberg and reported last month by the Austin American-Statesman. In the documents, which were filed in January, the company says it plans on bringing 1,800… Continue reading Samsung tells Texas it wants to create 1,800 jobs with a $17 billion factory in Austin
EV rivals Tesla, Rivian unite to target direct sales legislation
Tesla, Rivian, Lordstown Motors and Lucid Motors — potential rivals in the burgeoning EV market — are working together to pass laws that would allow direct sales in at least eight states with another batch of proposed legislation likely being introduced this year. Passage of such legislation would clear the way for EV giants like… Continue reading EV rivals Tesla, Rivian unite to target direct sales legislation
From the ashes of nearly a billion dollars, Ample resurrects Better Place’s battery swapping business model
A little over thirteen years ago, Shai Agassi, a promising software executive who was in line to succeed the chief executive at SAP, then one of the world’s mightiest software companies, left the company he’d devoted the bulk of his professional career to and started a business called Better Place. That startup promised to revolutionize… Continue reading From the ashes of nearly a billion dollars, Ample resurrects Better Place’s battery swapping business model
@McLaren: McLaren 765LT pushes boundaries with debut in Australia000089
3 Mar 2021 Next chapter in the McLaren ‘Longtail’ story arrives on Australian shores The most powerful and engaging McLaren Longtail yet, 765LT is lighter, more powerful and with even higher levels of performance than its predecessors Local imagery of 765LT captured at ‘Interchange Pavilion’ by Studio Chris Fox at Sydney’s new technology and innovation… Continue reading @McLaren: McLaren 765LT pushes boundaries with debut in Australia000089