0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>> investors are eyeing tech stocks as four of the magnificent seven are due to report earnings this week with tesla as we just mentioned, kicking things off later today. >> it may be the mag six after this. >> we will see. we will see meta on wednesday and alphabet and microsoft set to release on thursday. speaking earlier to the channel, the norges bank ceo gave his view on the sector. >> if i look at what we can read from the current market, i would say there is clearly a lot of froth within the technology sector. we will get the answers later in t
a lot riding on the tesla report. six names in particular tend to benefit when tesla shares go into reverse. cnbc pro subscribers can find out on cnbc.com/pro. >>> looking at apple, iphone sales fell 20% in the first quarter in china. the worse in the country since 2020. that's according to counter point research and comes despite the usual q1 lunar new year boost. the rival huawei saw sales climbing 70% in the same period. apple now ranks third in the country's market. >>>...
0
0.0
Apr 2, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
then we have tesla. it is on slate to report its global first quarter numbers this weith the number of report of slowing sales and high interest rates. the consensus is for 457,000 deliveries in the period which could be the rip the band-aid quarter. that is according to dan ives. he had great turns of phrase. arjun, we have seen a number come out and cut share prices for tesla as well. it is not a smooth ride. >> it is a cnumber of factors facing tesla. the prices in the ev market which is sparked by tesla at the end of 2022. you are seeing the chinese players aggressively cutting prices. tesla margins are under pressure. teslas have high margins and done well. those are also under pressure. now you have increased competition. xiaomi and they priced that at $4,000 less than tesla's model 3. then the broader demand story. you look at tesla and china is the huge chunk of the deliveries. there is an issue with thecompe. all of that is hitting tesla and they are behind the price cuts. >> let's bring in the
then we have tesla. it is on slate to report its global first quarter numbers this weith the number of report of slowing sales and high interest rates. the consensus is for 457,000 deliveries in the period which could be the rip the band-aid quarter. that is according to dan ives. he had great turns of phrase. arjun, we have seen a number come out and cut share prices for tesla as well. it is not a smooth ride. >> it is a cnumber of factors facing tesla. the prices in the ev market which...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports after the bell today, the street is focused less on the specific number and more on the specispecific outlook for the robotaxi. they are expected to show a lower gross margin as well as a drop in operating profit. what is the guidance for the second quarter and the rest of the year and specifically what is the plan for rolling out the small car and robotaxi? tesla's full self-driving technology allows the driver to take the hands off the wheel, but it is a long way from autonomous driving. elon musk said tesla must change frequently a
we will stick with tesla. investors are preparing for the earnings after the bell today as the company is facing pressure with the stock falling. the chart right there and the stock is at the lowest level since january of last year. down 50% the last two years. the stock down 40% this year. second worst performing in the s&p 500 with concerns of price cuts and product issues continue to mount. phil lebeau has more on what to watch with the results. >> reporter: when tesla reports...
0
0.0
Apr 24, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the stock higher. he talked about robo taxi optimism at 2024 deliveries, not growing as fast as they did in 2023 at 30%, they are expected to go higher. last year, they delivered 1.81 million and the estimate now is for 1.9 million. elon musk was asked, will you get 1.81? he said yes, they expect to grow deliveries in 2024. shares of tesla, keep in mind revenue was down 9% in the first quarter, that is the biggest year-over-year decline in revenue for tesla since 2012. the story is something people embraced after hours. >> thank you for setting up for us as analysts have mixed feeling about the first-
he told one tesla bowls are rallying behind, if you believe that tesla can take where they are right now and improve, look at what he told people during the conference call yesterday -- he said they need to do something in terms of volume, improving over the next couple of years. he says we have more affordable models coming. he did not tell us what the affordable models will be, are they brand-new models were simply tweaks on current models? more models that are affordable which pushed the...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut news. falling year to date on the fact they missed deliveries and other issues when it comes to demand. tesla shares down 3.3%. >>> coming up on the show, we will talk to you much more about what's going on. the u.s. house approves billions in aid in a rare saturday session. we will have the latest from washington coming up next. norman, bad news... i never graduated from med school. what? but the good news is... xfinity mobile just got even better! now, you can automatically connect to wifi speeds up to a gig on the
look at tesla shares. they are down 3.3% right now on news that they are cutting prices of the best selling vehicles in the u.s. and in china. keep in mind, tesla shares are down 40% year to date. the company's faced a lot of pressure with the missing deliver numbers and that price war in china. facing pressure from companies like byd in the chinese market. a lot of questions of the future of tesla. investors answering that it is a car company. shares falling sharply right now on the price cut...
0
0.0
Apr 24, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> a big boost coming thanks to tesla. shares firing on all cylinders ahead of the opening despite reporting its biggest drop in q1 revenue in more than a decade. we are going to dig into those results. >>> heading to the president's desk the senate signing off to sell the popular app, setting the stage for a big legal fight. plus this week's earnings parade meta takes the big tech baton. we're going to look at the key metrics you need to watch. boeing expected to report in just over two hours as the aerospace giant continues to face a bumpy road ahead around production issues and succession questions. it's wednesday, april 24th, 2024 and you're watching "worldwide exchange" right here on cnbc ♪ >>> good morning welcome to "worldwide exchange." we're coming to you live from cnbc london. thanks so much for being here with us. let's get you ready for the trading addai head we check on the tech stock futures with the s&p and nasdaq. the s&p has seen its best day since february the douceting its streak to four straight days.
. >>> a big boost coming thanks to tesla. shares firing on all cylinders ahead of the opening despite reporting its biggest drop in q1 revenue in more than a decade. we are going to dig into those results. >>> heading to the president's desk the senate signing off to sell the popular app, setting the stage for a big legal fight. plus this week's earnings parade meta takes the big tech baton. we're going to look at the key metrics you need to watch. boeing expected to report in...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the probability of that is slim to none, but that did cause shares to move from being up about 8% to up about 9.5%, so, the market liked that quick context, again, there was talk a few weeks ago that this whole initiative was going to be paused, and now they're talking about this being accelerated, and so, i think that has been the pivotal point on the call so far. >> all right, giving us a timeline, though maybe unbelievable you got the believers out there. thank you, gene. >> thank you. >>> moving onto pulte group. the home builder be
let's jump back in on tesla. the stock is higher than we were before, by more than 9% as this conference call continues. gene munster is with us again to dig into the details gene, tell us what you've been hearing. >> elon started the call by saying the timing, to giving more context on the timing of this next generation vehicle, still unclear if it is -- has a steering wheel or a robo-taxi, but he said expect it early in 2025, or potentially late this year i think late this year, the...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
whether does apple or tesla. you know they are watching these developments closely. >> in terms of the stock price reaction, obviously, this comes on the heels of their earnings, i believe it was last week. just a prospect with these newer technologies. we got investors' attention. how did they look at today's news of 15% and think about how this will ultimately filter into their models and the revenue potential and all of that? >> most analyst notes have been positive. this is an important moment for tesla in the largest eb market. that cannot be disputed. you have analysts who are saying, this is fantastic. we are not sure exactly how much this will unlock in terms of revenue potential. this is what you want. it also is another example, playing off of last week analyst call. you have elon musk actively engaged in the next development with tesla. that was some of the narrative as the stock was trending lower people were saying, where is he? is he fully engaged with this company or is he busy doing a myriad of ot
whether does apple or tesla. you know they are watching these developments closely. >> in terms of the stock price reaction, obviously, this comes on the heels of their earnings, i believe it was last week. just a prospect with these newer technologies. we got investors' attention. how did they look at today's news of 15% and think about how this will ultimately filter into their models and the revenue potential and all of that? >> most analyst notes have been positive. this is an...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
there has been so much tesla news recently, phil. tell us the latest >> well, courtney, the importance of this is because china has been so important and so lucrative to tesla and it hasn't been able to get full self-driving subscription revenue from that market that could be changing here are the details of the deal that was announced by tesla in china over the last 24 hours it will expand its autonomous drive technology, the ability to use more of its technology there in that country, and it doesn't immediately mean the fsd rollout, but it does clear the path for that to happen. and we've been told by sources that baidu is the company providing some technical details to support tesla, including mapping, which is critical in that country you mentioned that china is tesla's second-largest market, a lot of people refer to it as the largest market, with 33% of its sales coming in that market, and it has long had very successful cop rations there, but the key here, you want that monthly subscription, if at all possible, that's the allur
there has been so much tesla news recently, phil. tell us the latest >> well, courtney, the importance of this is because china has been so important and so lucrative to tesla and it hasn't been able to get full self-driving subscription revenue from that market that could be changing here are the details of the deal that was announced by tesla in china over the last 24 hours it will expand its autonomous drive technology, the ability to use more of its technology there in that country,...
0
0.0
Apr 2, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla is moving under the 50-day moving average. over the last few days, trending higher. 180 is the key level on shares? >> i would say for the short-term pop. if it got through 180, you might see people starting to jump in. certainly we know cathie wood buys all of the dips. that could bring it back to 200 or 215. why i'm making this case is because the technicals will be impacted by that until there is innovation and then self-driving cars is the biggest. we could see the stock breakdown from here to 150 and if it can't hold there, 110. that is when you will start to see real value. >> michelle, we have to leave the conversation. th there. thank you. >>> coming up on "worldwide exchange," a pair of spinoffs from ge making their debut this week. what history has to say about the stocks and how they perform in the long run. if you haven't already, follow our podcast on apple or spotify or other podcast apps. more "worldwide exchange" coming up after this. trading at schwab is now powered by ameritrade, unlocking the power of thinko
tesla is moving under the 50-day moving average. over the last few days, trending higher. 180 is the key level on shares? >> i would say for the short-term pop. if it got through 180, you might see people starting to jump in. certainly we know cathie wood buys all of the dips. that could bring it back to 200 or 215. why i'm making this case is because the technicals will be impacted by that until there is innovation and then self-driving cars is the biggest. we could see the stock...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> on tesla. >> yes. >> tesla is still the most valuable car company. if it drops another few dollars, it would put toyota. >> it has been written now. "do interest rates matter" now? >> yes. >> we will see. >> they he have been down. >> what did jamie dimon say? 8%? >> he has been spot on. he has been consistent. >> he has. that seems like it would be significant. >>> news from washington. on saturday, the house passing the series of bills to provide aid to israel, ukraine and taiwan along with the bill that would force china's bytedance's tiktok. emily wilkins has more with us. do you clock in on saturday? >> reporter: you have to be paying attention. you have to stay on top of it. it was a working weekend for congress. you are not alone. the house passed that $95 billion foreign aid bill for ukraine, israel and indopacific and attached to that had a couple of things. most importantly, it could lead to tiktok being banned in the u.s. if they don't divest from parent company bytedance. they could finalize the bill on tuesday. the house has approved the
>> on tesla. >> yes. >> tesla is still the most valuable car company. if it drops another few dollars, it would put toyota. >> it has been written now. "do interest rates matter" now? >> yes. >> we will see. >> they he have been down. >> what did jamie dimon say? 8%? >> he has been spot on. he has been consistent. >> he has. that seems like it would be significant. >>> news from washington. on saturday, the house...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla since its ipo. you can see there only two years have been profitable for short sellers. this is on track to be one of them shorts are up about $9 billion guys >> that trade finally paying off there, kate. interesting stuff. thank you. >>> speaking of the magnificent seven, tesla shares trying to avoid their longest losing shares ever ahead of earnings tonight. we'll get you ready with one analyst warning of more pain ahead. strap in we'll get you ready. we're back after this. ameritrade is now part of schwab. bringing you an elevated experience, tailor-made for trader minds. go deeper with thinkorswim: our award-wining trading platforms. unlock support from the schwab trade desk, our team of passionate traders who live and breathe trading. and sharpen your skills with an immersive online education crafted just for traders. all so you can trade brilliantly. this is our future, ma. godaddy airo. creates a logo, website, even social posts... in minutes! -how? -a.i. (impressed) ay i like it! who wants t
tesla since its ipo. you can see there only two years have been profitable for short sellers. this is on track to be one of them shorts are up about $9 billion guys >> that trade finally paying off there, kate. interesting stuff. thank you. >>> speaking of the magnificent seven, tesla shares trying to avoid their longest losing shares ever ahead of earnings tonight. we'll get you ready with one analyst warning of more pain ahead. strap in we'll get you ready. we're back after...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the local governments restricted tesla cars and now lifting those restrictions tesla's china vp posted on the social media that the discussion between elon musk and the premier had pertained to the importance of a.i. and autonomous driving as key to the future of evs. numerous reports are saying that tesla is very close or has a tentative nod from beijing for the full-self driving or fsd software for china and the chinese tech giant baidu would provide the mapping data baidu and tesla are not commenting on this musk has been aiming for beijing approval to allow the data to be transferred overseas to help with the algorithm for autonomous driving back home we would see tesla capitalize on the push to promote evs as well as autonomous technology to strengthen his technology back home >> eunice, i see reports that tesla was part of the first automakers that met the standard are any of the companies pressuring tesla on market share or price and did they meet the requirement? >> reporter: byd had also met compliance, but no other foreign company has here this is interesting in what it means
the local governments restricted tesla cars and now lifting those restrictions tesla's china vp posted on the social media that the discussion between elon musk and the premier had pertained to the importance of a.i. and autonomous driving as key to the future of evs. numerous reports are saying that tesla is very close or has a tentative nod from beijing for the full-self driving or fsd software for china and the chinese tech giant baidu would provide the mapping data baidu and tesla are not...
0
0.0
Apr 24, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla. they've been waiting for this, but what are they waiting for? the app is cool. you summon it. i summoned on uber last night, and there was a person in it driving it i like that. if not, i may not have liked that given the fact that i was in san francisco during a time where you didn't want driverless >> he did saying version 12 was "profound. we have uber and lyft moving on this lyft is down a percent >> i think we're in one of these in interregnum periods. everything that was bad is now good it's frontsy/backsy. remember the movie, "bananas"? everybody must wear underwear, and to ensure it, you have to wear it on the outside people probably don't know who woody allen is >> he has a movie in theaters, like, right now. >> that's the bad woody allen. >> haven't been a lot of good ones lately. >> it's almost comical how much everybody loves a free cash flow story that's horrendous. >> if i'm not mistaken, "sleeper," there were autonomous automobiles >> there were all kinds of gadgets. >>
tesla. they've been waiting for this, but what are they waiting for? the app is cool. you summon it. i summoned on uber last night, and there was a person in it driving it i like that. if not, i may not have liked that given the fact that i was in san francisco during a time where you didn't want driverless >> he did saying version 12 was "profound. we have uber and lyft moving on this lyft is down a percent >> i think we're in one of these in interregnum periods. everything...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
fcx says that more teslas are going to be soda fcx goes down, it's going to be fewer teslas i wish there was more to it than that, but that's the algorithm if people want to understand what tesla is being valued at. watch copper first >> highest since april of 2022 today. more broadly, jim, about the market, we've mentioned best week in a six months or so nice piece out of morgan stanley today, strong aggregate earnings surprises, up 9%, best in about three years. >> that was very positive piece. i would say, cost is a little bit more, 10%, by saying it's really the companies with the highest quality growth that are going up of course, the highest quality growth is the megacaps so, the broader range of the morgan stanley could trump everything david, we do have animal spirits last week that were quite impressive you report google, and google goes up, and then it goes up, and then it goes up. i mean, has like three ways to go up. >> as the week ended, of course, on the strength of both alphabet and microsoft's earnings, you think that was animal spirits there? >> well, i did think it. now
fcx says that more teslas are going to be soda fcx goes down, it's going to be fewer teslas i wish there was more to it than that, but that's the algorithm if people want to understand what tesla is being valued at. watch copper first >> highest since april of 2022 today. more broadly, jim, about the market, we've mentioned best week in a six months or so nice piece out of morgan stanley today, strong aggregate earnings surprises, up 9%, best in about three years. >> that was very...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
keep the focus on tesla, dom. thank you, because that company is asking its shareholders to vote yet again on elon musk's mu multibillion dollar pay package after a court voided it a number of months ago. the stock has been down 20% even since then, and you can see down some 37 plus percent for the year. here to talk about the road ahead, elevation partner's founder, early facebook and google investor roger mcnamee. i bet i know but where do you come down on putting this back to shareholders for a vote on stock obviously that was promised to him but not delivered because of this court decision overturning the will of shareholders originally who voted in favor of it back in 2018. >> my assumption is shareholders will vote for it again, but i think this is the real test of tesla as a mean stock because it has been so tightly associated with elon musk. musk's brand has taken huge hits over the past year, and it's 50 plus billion dollars which in the context of shareholders is a real number and -- but i do assume they
keep the focus on tesla, dom. thank you, because that company is asking its shareholders to vote yet again on elon musk's mu multibillion dollar pay package after a court voided it a number of months ago. the stock has been down 20% even since then, and you can see down some 37 plus percent for the year. here to talk about the road ahead, elevation partner's founder, early facebook and google investor roger mcnamee. i bet i know but where do you come down on putting this back to shareholders...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla is down month to date. roku is down seven. rates are going up, it is not the greatest time in the world to own. nonprofitable and high multiple tech. >> i remember us having this conversation a few years ago, we were talking about the rate raising cycle. and the nonprofitable stock. the impact that higher rates have on these companies. the higher and longer story. we talked about this a lot this year. three cuts, now zero cuts, the material impact. not good. this is why we are seeing the price hashing. >> these long-duration stocks versus nonprofitable stocks that become profitable. look at the one-year performance of these two names, uber is up 128% . >> up 120% over the last year to date. we've been looking at this for quite some time. we saw a little bit of material pull back over the last few weeks. 16% off the 52-week high. mobility up 29%. they are hitting on all cylinders. they have struck a new culture. there is a lot of earning potential going forward. we decided to add a small position. >> it is free money. when mone
tesla is down month to date. roku is down seven. rates are going up, it is not the greatest time in the world to own. nonprofitable and high multiple tech. >> i remember us having this conversation a few years ago, we were talking about the rate raising cycle. and the nonprofitable stock. the impact that higher rates have on these companies. the higher and longer story. we talked about this a lot this year. three cuts, now zero cuts, the material impact. not good. this is why we are...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
it will be a tough year for tesla. it is not getting better right now. >> it is not getting better right now. that speaks to the price target of $85 which is a 40% decline. you are sending mixed signals. they are making the cars more attractive. the issue may be margin. this is a company that a lot of people say is an a.i. play and the money is made in the robotaxi and other things down the line. >> bulls on the stock look at the a.i. and they look at robotics. the whole thing of the robotaxi, we will not get a robotaxi on 8/81, but a cyber taxi. it may have fsd in it, but not level 4.5. it will not take you to the grocery store or bring you to grandma's while you play video games in the backseat. rob robotics, boston dynamics crushes tesla. elon musk was making fun of their rowbotics last week. tesla needs to focus on selling cars. >> it is a car company, not a software company that makes cars. you say it is firmly a car company. i want to get to other headlines. laying off 10% of the work force last week and shares d
it will be a tough year for tesla. it is not getting better right now. >> it is not getting better right now. that speaks to the price target of $85 which is a 40% decline. you are sending mixed signals. they are making the cars more attractive. the issue may be margin. this is a company that a lot of people say is an a.i. play and the money is made in the robotaxi and other things down the line. >> bulls on the stock look at the a.i. and they look at robotics. the whole thing of...
0
0.0
Apr 3, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
what was the tesla business model? three elements, number one. for ten years they said 50% annual growth. that's been valued up to january. second, integrate vertically, so you capture all the value from the courses. third, direct sales, no value to any retailer, et cetera. that's the only way you're going to grow because you have negative working capitals. you can get paid for growing. and you capture all the margin. the problem is when you go in the reverse and sales go down, it also goes in reverse. >>> because the market is thinking $2 billion positive cash flow is going to be a minus on my cash numbers. the next thing, i think most are denying this was a bit of a one-off and looking at it as an arson attack. let's face it. how does record high inventories go with production problems? this is a demand problem? >> important to note lekander holds short. one who doesn't think it's going to go short any time soon is cathie wood. as for the premarket, it looks like it's going to be a further rocky start with the premarket suggesting a drop of nea
what was the tesla business model? three elements, number one. for ten years they said 50% annual growth. that's been valued up to january. second, integrate vertically, so you capture all the value from the courses. third, direct sales, no value to any retailer, et cetera. that's the only way you're going to grow because you have negative working capitals. you can get paid for growing. and you capture all the margin. the problem is when you go in the reverse and sales go down, it also goes in...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
those institutions don't care about tesla at all. worst case scenario, apple, you can buy apple 160 and scale. in i would do it every five points, getting bigger as you approach the 130s where i think 2 longs will make a stand based on next year's earnings estimates. not pretty. it's always good to know the parameters of a stock, a stock that you advocate owning and not trading. i like to say there is always a bull market somewhere. i promise to try too find it just for you right here on "mad money." i'm >>> right now on last call, sputtering out, something that has only happened four times in tesla's history just happened again. >>> race against time, will tiktok's fate be sealed by the senate tomorrow? we have a preview. >>> a massive high speed rail breaking ground, finally. will you get your money's worth? >>> call it salt on the table. president biden raising fresh questions on the prospect of tax hikes for everyone. >>> nailed, is a surge in rates slamming the door on one of the hottest sectors of the market? >>> and it is a mi
those institutions don't care about tesla at all. worst case scenario, apple, you can buy apple 160 and scale. in i would do it every five points, getting bigger as you approach the 130s where i think 2 longs will make a stand based on next year's earnings estimates. not pretty. it's always good to know the parameters of a stock, a stock that you advocate owning and not trading. i like to say there is always a bull market somewhere. i promise to try too find it just for you right here on...
0
0.0
Apr 2, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla shares down 4.5%. and oil is hitting the highest level since october, with global supply concerns back in the spotlight. we'll get the latest forecast, now. and as we head to break, here is another check on the markets. the dow is about 40 points off of its session lows. as you can see, it is now the laggard. the ten-year above 4.3. "the exchange" is back right after this. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. (bobby) my store and my design business? we're exploding. but my old internet, was not letting me run the show. so, we switched to verizon business internet. they have business grade internet, nationwide. (vo) make the switch. it's your business. it's your verizon. not all caitlin clarks are the same. caitlin clark. city planner. just like not all internet providers are the same. don't settle. you want fast.
tesla shares down 4.5%. and oil is hitting the highest level since october, with global supply concerns back in the spotlight. we'll get the latest forecast, now. and as we head to break, here is another check on the markets. the dow is about 40 points off of its session lows. as you can see, it is now the laggard. the ten-year above 4.3. "the exchange" is back right after this. encore energy, america's clean energy company, now in production in south texas. energizing america with...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> i think tesla is a little bit different, in that -- we've been negative on tesla for over a year. the ev market is not as strong as many people think. the chinese have gone ahead of tesla. so i don't look at tesla as a harbinger of what's going to go on. i look at the rest of the market and say there's a lot of growth going on. i think nvidia's numbers are way more important than tesla. and that ecosystem that nvidia has grown itself around is way more important than tesla, than i think is two years ago story. >> you said that nvidia is attractively priced for investors, not traders. explain that. >> i think if you look at today and go boy, the pe is really high, the earnings growth is so strong that if i look a couple years out and i want to hold it for two, three years, multiples are not very high, because the earnings growth is that exponential. everybody on the street, they were off by 50% last year in terms of how much earnings they did. so they continue at a good clip, and we'll look at 2026 and 2027 and say nvidia was pretty cheap in 2024. >> let's get beyond tech. dan nile
>> i think tesla is a little bit different, in that -- we've been negative on tesla for over a year. the ev market is not as strong as many people think. the chinese have gone ahead of tesla. so i don't look at tesla as a harbinger of what's going to go on. i look at the rest of the market and say there's a lot of growth going on. i think nvidia's numbers are way more important than tesla. and that ecosystem that nvidia has grown itself around is way more important than tesla, than i...
0
0.0
Apr 19, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> the tesla recall. >> the tesla recall. look, all it is, it's acceleration, which could cause a horrible crash >> and unlike some other -- this is as regards the accelerator. >> the pedal stays down. it's still bulletproof so, it's a ram and run car i appreciate that. boy, you know, jonas, i gave him a call he doesn't take my call. i love that. but the work he's doing now about where these stocks are, the bottom ten in the s&p, ex-financial, of course, and you're seeing gm and ford. ford should be buying back every share, for heaven's sake gm -- viatra -- it's a suboptimal company, but gm is the cheapest stock by pe mary barra is doing great. mary barra, their trucks, the accelerator comes -- when you take your foot off it, it doesn't keep going >> that's a plus >> that's positive then you got the good torque >> we are going to get tesla on tuesday. jonas did say yesterday, "situation could may well deteriorate further is the company exiting the traditional ev business? at the margin, it seems so >> yea
>> the tesla recall. >> the tesla recall. look, all it is, it's acceleration, which could cause a horrible crash >> and unlike some other -- this is as regards the accelerator. >> the pedal stays down. it's still bulletproof so, it's a ram and run car i appreciate that. boy, you know, jonas, i gave him a call he doesn't take my call. i love that. but the work he's doing now about where these stocks are, the bottom ten in the s&p, ex-financial, of course, and you're...
0
0.0
Apr 30, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
what can we expect for the future of tesla? we need to talk about tesla everyday. we'll do that next. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights. trade brilliantly with schwab. it's time to feed the dogs real food in the right amount. a healthy weight can help dogs live a longer and happier life. the farmer's dog makes weight management easy with fresh food pre-portioned for your dog's needs. it's an idea whose time has come. (♪♪) i've always been driven to get my money right. as a kid, i watched my mom struggle financially. her sacrifice allowed me to pursue my dreams. to create generational wealth. i'm partnering with sofi because they care about making your money work for your ambitions. just like my mom did for me
what can we expect for the future of tesla? we need to talk about tesla everyday. we'll do that next. trading at schwab is now powered by ameritrade, unlocking the power of thinkorswim, the award-winning trading platforms. bring your trades into focus on thinkorswim desktop with robust charting and analysis tools, including over 400 technical studies. tailor the platforms to your unique needs with nearly endless customization. and track market trends with up-to-the-minute news and insights....
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly hedge funds, by the way. i should mention this is not a lot of retail interest they measure this based on how much is being borrowed, which they can see sort of the percentage of the float that's shorted. so, they calculate that. it sounds like they have sort of a proprietary model. i've asked that myself, tyler. they're good with coming out with some of the tyler there's a variety of different data points. the percentage of the float, so echbl though these tech names are the most widely shorted, you see certain stocks with a i hooer percentage of the float, meaning there's more short interest in those partic
shorting tesla, though, that's been risky bears have lost a total $52.5 billion, shorting tesla since inipo, only two years have been profitable for short sellers this is on track to be one of them the shorts are up $9 billion this year, guys. >> how do we know how much shorts, as an agoraget, have made or lost, across these names that you mentioned i'm just wondering, how do you determine that >> so, thanks to s3 partners, great about sending us some of this data, this is mostly...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
one is tesla now is very different from tesla ten years ago. when you think about leadership selection, when you think about the who the right leader for an organization is. what i often tell my students is leadership is not a ranking problem, it is a matching problem. you're not looking through the question of, who is the best person in the world in all circumstances. that's not how leadership works. what you're thinking is, who is the right person for the particular set of circumstances that we're in today. the very fact that elon musk was, you know, for the early years of tesla, not just the right person amongst some set, but the right person in business, doesn't mean he's the right person when the situation is tesla is facing is completely different, and in particular it doesn't mean he's the right person who should operate without restraint. i'm saying, if you are the board, you also have business judgment. it's your job to ask him, okay, what is your strategy for dealing with chinese electric cars that are going to come on to the market a
one is tesla now is very different from tesla ten years ago. when you think about leadership selection, when you think about the who the right leader for an organization is. what i often tell my students is leadership is not a ranking problem, it is a matching problem. you're not looking through the question of, who is the best person in the world in all circumstances. that's not how leadership works. what you're thinking is, who is the right person for the particular set of circumstances that...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
they're not helping tesla, they're making sure tesla doesn't fade away into oblivion. tesla has enormous challenges as do all cars. i think right now this is about, you know, tweaking the regulatory situation, trying to keep elon relatively happy amidst a price war he can't be very happy about. >> so they need elon, i guess that's my upon they need elon and they need tesla there. keeping him in the game, i don't know why they wouldn't want to crush tesla and have world domination of the ev market >> they may be on their way to that some of the technology that elon brings to the table is impressive he's got self-driving autonomous vehicle driving capabilities they want to put some new technology in the new teslas there that will make them somewhat autonomous there. is an upside for china to keep tesla in there competing against these domestic companies it creates for a more vibrant ecosystem. now that chinese companies have scaled up, they can compete very well i think they're comfortable having tesla compete right now. >> there's some glimmers of hope for china's overa
they're not helping tesla, they're making sure tesla doesn't fade away into oblivion. tesla has enormous challenges as do all cars. i think right now this is about, you know, tweaking the regulatory situation, trying to keep elon relatively happy amidst a price war he can't be very happy about. >> so they need elon, i guess that's my upon they need elon and they need tesla there. keeping him in the game, i don't know why they wouldn't want to crush tesla and have world domination of the...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
, it's china, and tesla making good inroads with china. mad respect for toni i think we all have that i disagree as a portfolio manager, i won't step in front -- >> you disagree with the upgrade? >> i disagree with the timing of the upgrade. specifically, what he's saying is buy the fear. toni, if i got that wrong, sorry -- >> he didn't say buy before the earnings report, and he said there was a lot of fear in the stock both for fundamental and technical reasons. >> i am being a critical reader, and that's what i am reading into it. if i am wrong, i am wrong. >> you are reading in between the lines. >> i will not do it in front of earnings because it seems to me the more likely scenario, i buy here and bad news comes out in china and the stock goes down. i wouldn't spike the football in toni's face if i am right, and i don't think he would spike the football in my face if i am wrong. i think, joe, long-term investors want to add at the level, and i can't bring myself to do it -- >> maybe the most important part of his note is where it rela
, it's china, and tesla making good inroads with china. mad respect for toni i think we all have that i disagree as a portfolio manager, i won't step in front -- >> you disagree with the upgrade? >> i disagree with the timing of the upgrade. specifically, what he's saying is buy the fear. toni, if i got that wrong, sorry -- >> he didn't say buy before the earnings report, and he said there was a lot of fear in the stock both for fundamental and technical reasons. >> i am...
0
0.0
Apr 26, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the big challenge with tesla, it's not even what's happening in their production. it's just their valuation, right? when you're thinking about 60 times forward earning and toyota is a 10, it's really hard for me to understand why there's that much software that is worth six times that i think that's really the primary headwind is they have to be able to demonstrate a level of profitability that is very tough when you're building cars. especially low priced cars. >> right, and you are in toyota. >> i'm in toyota i agree with julie, i don't think the valuation happening in tesla for a long time. the issue now for people that are just talking about valuations also is the company is effectively and the events around the company have reset near-term expectations for long-term growth, so you've got a dynamic here where they tried to change the conversation in that earnings call about product developments being fast forwarded. not second half of '25 that's the dynamic the shares rallied 24% off the bottom let's be clear, bad news was priced in. bad news going into those n
the big challenge with tesla, it's not even what's happening in their production. it's just their valuation, right? when you're thinking about 60 times forward earning and toyota is a 10, it's really hard for me to understand why there's that much software that is worth six times that i think that's really the primary headwind is they have to be able to demonstrate a level of profitability that is very tough when you're building cars. especially low priced cars. >> right, and you are in...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
if you look at tesla and you look -- we just had two critical people leave tesla this week. their turnover in their executive and engineering ranks is legendary, is unprecedented. i don't know where she gets that from, but look at the facts, and i know it's maybe because i just don't like elon that all these people are leaving, but that really had nothing to do with it. >> the stock is up 750%. >> exactly. i'm short now, it's all coming home to roost. >> there are periods of time over the last five years where notable people have been short and it hasn't mattered because their shorts have proven to have not worked well. >> i haven't been short. >> i understand. >> how many ev manufacturers have we had over the last ten years? >> bryn? >> i don't even know what that means. >> how many price cuts have we had with tesla models over the last five years? >> steve -- steve, wisdom is chasing you if you just stop. seriously. >> what the hell is she saying? i don't get it. >> steve, we're going to take a break. we're going to take a break. >> just admit your wrong and the stock is g
if you look at tesla and you look -- we just had two critical people leave tesla this week. their turnover in their executive and engineering ranks is legendary, is unprecedented. i don't know where she gets that from, but look at the facts, and i know it's maybe because i just don't like elon that all these people are leaving, but that really had nothing to do with it. >> the stock is up 750%. >> exactly. i'm short now, it's all coming home to roost. >> there are periods of...
0
0.0
Apr 2, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
theconversation you had with dan ives regarding tesla, tesla is the biggest driver for the downside in consumer discretionary, but outside of that trade, a couple of big story lines are developing here as well. now i'm going to show you pvh corp the parent company of big clothing brands like calvin klein, tommy hilfiger. pvh is not a member of the s&p 500 but the 21% decline you're seeing there is having reverberations. pvh by the way with some forecasts for annual profits and revenues that came in disappointingly and shares are down 28%. let me show you the effects on the s&p 500's consumer discretionary sector. big brand warehouses like vh corporation, parent company of north face is down 6% in sympathy with that. tapestry, ralph lauren, decker's outdoor, some of the clothing and apparel makers in brands out there that are down in sympathy with pvh. keep an eye on that. and then carl mentioned the interest rate rise the 10-year yield you have to go back to november of last year to see yields. that means mortgage rates will follow higher as well having a reverberation through mostly w
theconversation you had with dan ives regarding tesla, tesla is the biggest driver for the downside in consumer discretionary, but outside of that trade, a couple of big story lines are developing here as well. now i'm going to show you pvh corp the parent company of big clothing brands like calvin klein, tommy hilfiger. pvh is not a member of the s&p 500 but the 21% decline you're seeing there is having reverberations. pvh by the way with some forecasts for annual profits and revenues that...
0
0.0
Apr 22, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla traded $15 billion today. this is absurd. >> yeah, it does really surprise me, again, because when we look at these companies, to me, the brands sort of can stand on their own in the consumer's mind. they're soindependent. putting together the two parent companies, to me, does not lower the competition, but you know, what -- i guess i'm not the ftc. gabriel, thank you so much for joining us here last minute on this breaking news. appreciate it very much. guy, make you interested -- >> no. you've talked about this. the market is trading as if they've expected this. it's doing nothing. if you look at tapestry real quick, we're up against levels we last traded, i think, in the fall of 2021. the one that sticks out and we talked about an the show, tjx just defies -- i don't want to say logic, but it defies some of the other retailers. at 20 times earnings, probably twice the valuation of those other two companies we just talked about, you can actually still make a compelling case. they don't report until middle of
tesla traded $15 billion today. this is absurd. >> yeah, it does really surprise me, again, because when we look at these companies, to me, the brands sort of can stand on their own in the consumer's mind. they're soindependent. putting together the two parent companies, to me, does not lower the competition, but you know, what -- i guess i'm not the ftc. gabriel, thank you so much for joining us here last minute on this breaking news. appreciate it very much. guy, make you interested --...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
up next, teslas moment of truth. first quarter earnings are out in ot, requisite capital has been talking and owns that stock, which is why we get her take, next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with tailored education. get an expanding library filled with new online videos, webcasts, articles, courses, and more - all crafted just for traders. and with guided learning paths stacked with content curated to fit your unique goals, you can spend less time searching and more time learning. trade brilliantly with schwab. my name is teresa barber. i was in the united states navy and i served overseas in the middle east and africa. early on in my career i had a commander that taught our suicide prevention training on a friday after
up next, teslas moment of truth. first quarter earnings are out in ot, requisite capital has been talking and owns that stock, which is why we get her take, next. your shipping manager left to “find themself.” leaving you lost. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire trading at schwab is now powered by ameritrade, giving traders even more ways to sharpen their skills with...
0
0.0
Apr 18, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the thing is, it's not like tesla is shutting its doors. they're going all-in on robotaxi we do a deep dive on robotaxi in the note it's hard to put into numbers and not into our earnings model, but that optionality is very much there it would be highly differentiated and we think we should account for it in the multiple the multiple is functioning despite no earnings growth because in the end investors in tesla will say okay, i understand the core business is no longer growing, potentially shrinking, but look at how exciting this business could be. our rating indicates this is highly risky if they can deliver robotaxis it's massively exciting. how long will it take to get there? can you get there based on technology risk, regulatory and operational risk this is ifficult we're still applying an unchanged multiple but on much earnings trajectory. >> it's fascinating to see the framing change so quickly. appreciate it. hope you'll stay close emanuel from deutsch. >>> still ahead on the show, a read from the ground with the ceo of csx, one of
the thing is, it's not like tesla is shutting its doors. they're going all-in on robotaxi we do a deep dive on robotaxi in the note it's hard to put into numbers and not into our earnings model, but that optionality is very much there it would be highly differentiated and we think we should account for it in the multiple the multiple is functioning despite no earnings growth because in the end investors in tesla will say okay, i understand the core business is no longer growing, potentially...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
there have been these price cuts as chinese ev competitors are going up against tesla do you think tesla will license this technology to others in china and therefore make margin whether they're selling hardware or not or whether they'll keep this internal apple style and use it to try to justify selling their cars either at higher prices or getting a government subsidy if they can prove through data that it is safer? >> yeah. and i just want to point out, i've had fsd and robo taxi together worth 70% to 80% of my price target for a long time, now almost a year. not only, it is the margin the software business subscription and my model has it at $50 a month and he's lowered it -- they've lowered it from 200 to 100 and just imagine when we put the gross margins on the software product and the multiple you can get part of it is a valuation we get from re-rating the stock as a tech company, software company and the other aspect exactly what you point out is the margin story and we've seen what's happened with auto margins coming down and they'll probably come down some more with a new affor
there have been these price cuts as chinese ev competitors are going up against tesla do you think tesla will license this technology to others in china and therefore make margin whether they're selling hardware or not or whether they'll keep this internal apple style and use it to try to justify selling their cars either at higher prices or getting a government subsidy if they can prove through data that it is safer? >> yeah. and i just want to point out, i've had fsd and robo taxi...
0
0.0
Apr 24, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla earnings after the mark. gm did a triple beat, and they are getting through their production issues now ramping evs. whichy a think creates demand challenges for tesla, because there are so many now ev industries coming to market. so i think they are having to answer the pressure to have lower cost evs. >> right. >> same time, they're trying to move the story to the economy and the longer-term -- >> for the investors, though, today, speaking about tesla. do you have to think about it? he's made the case you have to think about it as an autonomous vehicle company long term,s to capture valuations where even tesla sits in terms of the stock price today >> yeah. a little, hey, look over here, when the core business is weak recast a different story i think a little bit of that going on for sure. because their core business is weak and straightforward about that i think, yeah. the support of a valuation you've got to believe in this recast, into autonomous. >> straight up do you believe it? >> i think there are al
tesla earnings after the mark. gm did a triple beat, and they are getting through their production issues now ramping evs. whichy a think creates demand challenges for tesla, because there are so many now ev industries coming to market. so i think they are having to answer the pressure to have lower cost evs. >> right. >> same time, they're trying to move the story to the economy and the longer-term -- >> for the investors, though, today, speaking about tesla. do you have to...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla and apple still the weights there. related to all of this on rates, on the economy, tomorrow we have an exclusive interview with ecb's christine lagarde. she is here for imf meetings, which is getting interesting with central banks moving at different speeds and economies moving at different speeds and that's rattling markets, like currencies. >> market, as you know, ticking lower, as we continue to monitor israel and what, if any, decisions its war cabinet will make in response to the iranian a tacks over the weekend. lot more live market coverage after this. encore energy, america's clean energy company, now in production in south texas. energizing america with reliable and affordable uranium for nuclear energy fuel from our environmentally friendly extraction process. encore energy. ♪♪ the road to opportunity. is often the road overlooked. at enterprise mobility, we guide companies to unique solutions, from our team of mobility experts. because we believe the more ways we all have to move forward the further we
tesla and apple still the weights there. related to all of this on rates, on the economy, tomorrow we have an exclusive interview with ecb's christine lagarde. she is here for imf meetings, which is getting interesting with central banks moving at different speeds and economies moving at different speeds and that's rattling markets, like currencies. >> market, as you know, ticking lower, as we continue to monitor israel and what, if any, decisions its war cabinet will make in response to...
0
0.0
Apr 17, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
we've got breaking news on tesla. investors are being asked to revote on elon musk's pay and overturned by a judge in delaware, the board effectively saying he hasn't been paid since 2018. remember, these were options that had been granted to him. they had not come to him. but it's a very interesting situation. it was the richest pay package in history. at the time i remember sitting with joe and becky in davos when the news broke. nobody thought he would be paid this amount of money because there were required thresholds around the market cap and sales that would get the company over $650 billion in market cap at the time. people called it laughable and crazy. >> right. >> and yet the judge effectively overturned that pay package saying the board was not independent and was too close, effectively, to elon musk, and did not negotiate she believed they should. this vote or revote effectively would make that case and the judge's decision moot if, in fact, they were to vote in favor of it. the company's continuing to app
we've got breaking news on tesla. investors are being asked to revote on elon musk's pay and overturned by a judge in delaware, the board effectively saying he hasn't been paid since 2018. remember, these were options that had been granted to him. they had not come to him. but it's a very interesting situation. it was the richest pay package in history. at the time i remember sitting with joe and becky in davos when the news broke. nobody thought he would be paid this amount of money because...
0
0.0
Apr 1, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
so, as you take a look at shares of tesla, the bottom line is this. the competition in china has been brutal. that has hurt deliveries there. there have been problems with the giga factory in europe, as well as demand in europe. and then here in the u.s., it's a softer ev market. just look at what they're doing when it comes to full self-driving. they're now offering tesla owners a one-month free trial. you never saw that in the past. that's not only for tesla owners currently, because full self-driving, as far as a subscription service, is crucial to the bottom line when they report their quarterly results, but it is also one way to sweeten the pot to say to people, do the other guys have full self-driving? we think we have the superior product, come with us if you are considering buying an electric vehicle. so, we think we'll get the numbers before the bell tomorrow, melissa. that's what history tells us. if we do, we'll have them for you on "squawk box." >> phil, thank you. phil lebeau. three days after the quarter ends, the sort of -- the tesla ru
so, as you take a look at shares of tesla, the bottom line is this. the competition in china has been brutal. that has hurt deliveries there. there have been problems with the giga factory in europe, as well as demand in europe. and then here in the u.s., it's a softer ev market. just look at what they're doing when it comes to full self-driving. they're now offering tesla owners a one-month free trial. you never saw that in the past. that's not only for tesla owners currently, because full...
0
0.0
Apr 3, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
and tesla has cash. they've been able to cut the prices of cars, better their margins, and improve things like this. if you stick around for the long term and believe electric vehicles will grow, tesla will win in this space. >> that's kind of interesting. that's the theme for the entire market. does ai overwhelm or can it outshine some of the concerns people have if the fed's not going to cut rates? >> i think that there are going to be ai winners that are going to do a whole lot of other things and will continue to benefits from that, whether or not there's kind of churn in that theme. companies like apple and tesla who are consumer driven may suffer from that. i think ai is largely the largest tech innovation opportunity we have as investors for the next five to ten years without a doubt. >> we're talking about concerns in the market, a potential for a pullback. but we're still at 1%. >> i think the panic is overdone. i think it's sometimes their own worst enemies. sometimes the market falls back a li
and tesla has cash. they've been able to cut the prices of cars, better their margins, and improve things like this. if you stick around for the long term and believe electric vehicles will grow, tesla will win in this space. >> that's kind of interesting. that's the theme for the entire market. does ai overwhelm or can it outshine some of the concerns people have if the fed's not going to cut rates? >> i think that there are going to be ai winners that are going to do a whole lot...
0
0.0
Apr 23, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> and tesla, the stock hitting a 52-week low yesterday. but one shareholder finding a few silver linings and a vote of confidence for elon musk what has her bullish, coming up. >>> before we get to that, let's get to dom chu for a check on the market action. >> oh a strong folio lineup to yesterday's rally, a solid 2% above the levels that we saw just on friday so a two-day bounceback for the markets overall. the dow up about 240 points, half of 1%, 38,480 the s&p 500 is at 5,066, up 56 points, north of 1% gain, and it's been a positive day even at the lows, we were up 17 points in the s&p, up roughly 61 at the highs so tilting toward the higher end of that range. the nasdaq composite, pacing the advance off 1.5%, 225 points, or 15,675, the last level for the nasdaq index three earnings movers headlines, among the many two generals out there general motors first, up 5%. the automaker comes out with better profits, better revenues and boosts its full-year revenue forecast thanks to better sales of trucks and suvs the other general we're wat
. >>> and tesla, the stock hitting a 52-week low yesterday. but one shareholder finding a few silver linings and a vote of confidence for elon musk what has her bullish, coming up. >>> before we get to that, let's get to dom chu for a check on the market action. >> oh a strong folio lineup to yesterday's rally, a solid 2% above the levels that we saw just on friday so a two-day bounceback for the markets overall. the dow up about 240 points, half of 1%, 38,480 the...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
tesla stock, 15%. what happened? i've been saying tesla stock keep going down and musk pulled a rabbit out of the hat. he bagged a terrific one this weekend. when he got permission to sell a subscription based full self-driving for the tesla giant, which gives him a whole new revenue stream. a big one. that can go a long way to restore price momentum after vicious price cutting in china. just as important as how musk got it. he made a surprise trip to china and nailed down a deal. this is unbelievable. also perfect example of a ceo redefining narrative had so much going on he hadn't been paying attention to tesla. he got on a plane and made a deal. i can't think of anything similar in the annals of american business maybe than arm and hammer. at the time, there were u.s. troops in russia fighting against the communists. of course, i don't put xi in the same category, but hammer is the only other executive i can remember who could make a surprise trip to a hostile country and come back with a deal. competition remains
tesla stock, 15%. what happened? i've been saying tesla stock keep going down and musk pulled a rabbit out of the hat. he bagged a terrific one this weekend. when he got permission to sell a subscription based full self-driving for the tesla giant, which gives him a whole new revenue stream. a big one. that can go a long way to restore price momentum after vicious price cutting in china. just as important as how musk got it. he made a surprise trip to china and nailed down a deal. this is...
0
0.0
Apr 15, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
are the future, that's the guide post for the future of tesla. the question is, do you buy that it's going to happen relatively soon or do you sit there and say, ah, it's further out. those are the things that are waking on the stock right now. >> yeah. phil, thank you. and wall street thinks it's further out. piper and jeffries taking down their delivery numbers maybe no surprise after the last report but this underscores the notion that the tides are turning in terms of sentiment on wall street with this name. >> beyond tesla, there's a biggish picture issue with evs, which i'm sure you've talked about many, many times when you look at things like market share, hybrids are getting almost double the market share of evs in the united states which is pretty extraordinary. and when you look at the cars being recommended by things like consumer reports, 4 out of the top 10 for this year are hybrids. not evs. people feel more comfortable and that gets back to charging stations, in part. the government said they were going to build 5,000 charging stat
are the future, that's the guide post for the future of tesla. the question is, do you buy that it's going to happen relatively soon or do you sit there and say, ah, it's further out. those are the things that are waking on the stock right now. >> yeah. phil, thank you. and wall street thinks it's further out. piper and jeffries taking down their delivery numbers maybe no surprise after the last report but this underscores the notion that the tides are turning in terms of sentiment on...
0
0.0
Apr 9, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
frank. >> looking at tesla shares down .50%. i'll watch tesla. a lot of ev news. silvana, good to see you. >>> we have more to come here on "worldwide exchange," including the one word that investors have thou to know today. >>> more on the inflation risk and why morgan stanley and apollo are not the only ones pricing in the no-landing scenario. >>> and why the solar he eclipse had everyone looking into the sky. >>> later on "worldwide exch exchange," congress is back after the break and we have latest with one contract or looking for victory in ukraine. more still ahead on "worldwide exchange." stay with us. power e*trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make trading feel effortless. and its customizable scans with social sentiment help you find and unlock opportunities in the market. e*trade from morgan stanley. with powerful, easy-to-use tools, power e*trade makes complex trading easier. react to fast-moving markets with dynamic charting and a futures ladder that lets you place, flatten, or reverse orders so you won't mi
frank. >> looking at tesla shares down .50%. i'll watch tesla. a lot of ev news. silvana, good to see you. >>> we have more to come here on "worldwide exchange," including the one word that investors have thou to know today. >>> more on the inflation risk and why morgan stanley and apollo are not the only ones pricing in the no-landing scenario. >>> and why the solar he eclipse had everyone looking into the sky. >>> later on "worldwide...
0
0.0
Apr 3, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
however, tesla is facing a broad number of issues. demand overall is waning for electric vehicles as consumers wonder whether they should fork out expenses. it's facing intense price war and cutthroat competition for local players, and it doesn't have a new mass market model on the way until at least 2025 at a time when rivals are aggressively launching new cars. all of that combined is adding to pressure on elon musk and tesla right now, dominic. it's going to be a very, very tough task particularly as the may crow environmental remains very tough. >> stiff competition from global competitors as well. thank you very much. >>> still ahead on "worldwide exchange," what our jim cramer is advising investors to do as the markets face a fresh batch of turbulence. his take when "worldwide exchange" returns after this. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. >>> welcome back. time for your morning call sheet. meta is raising its metapt. ads signal continued stro
however, tesla is facing a broad number of issues. demand overall is waning for electric vehicles as consumers wonder whether they should fork out expenses. it's facing intense price war and cutthroat competition for local players, and it doesn't have a new mass market model on the way until at least 2025 at a time when rivals are aggressively launching new cars. all of that combined is adding to pressure on elon musk and tesla right now, dominic. it's going to be a very, very tough task...
0
0.0
Apr 29, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the tesla boss met with premier li he posted about bringing tesla to china musk highlighted his priorities for the ceo in another show of commitment of china by america inc. it is musk's second trip to the country in less than a year. in singapore, i'm sam baddas, singapore business news. >> tesla shares are moving higher in the pre-market before the rollout of the self-driving technology in china. baidu is up 5% you can find more on that story on cnbc.com. >>> and back to the middle east, the israel planned assault on the city of rafah could be delayed if hostages are released israel will do what is needed to secure the hostages without warm harming the war goals. hamas is looking over the cease-fire agreement >>> israel i officials are concerned over the arrest warrants over the war against hamas. it could be accused of preventing the aid to gaza and an overly harsh response this as secretary of state antony blinken lands in riyadh for the special economic forum we go to dan murphy with more. >> reporter: frank, market investors are watching the headlines for the potential cease-fire bec
the tesla boss met with premier li he posted about bringing tesla to china musk highlighted his priorities for the ceo in another show of commitment of china by america inc. it is musk's second trip to the country in less than a year. in singapore, i'm sam baddas, singapore business news. >> tesla shares are moving higher in the pre-market before the rollout of the self-driving technology in china. baidu is up 5% you can find more on that story on cnbc.com. >>> and back to the...
0
0.0
Apr 2, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
and i'm not shhere to defend tesla. i've not liked this stock for a long, long time, and i like it less now, but i think if we are questioning evs, there's probably a lot of people that could get up here and debate this, and i don't think you can say that demand for ev, as, you know, versus a hybrid, and obviously versus an internal combustion, you can't tell me that ev demand has peaked. it hasn't. >> no, i don't think anybody's saying that here, at least, but i think that is the debate, right? >> but it's not just about evs. i'm sorry, i'll let you guys in. the stock still has a half a trillion dollar market cap. and that's not because of evs, okay? it's because of this belief about full self-driving. about this whole thing. that's what it's about. and so, until they can demonstrate something on that front, i justdon't know how the stock recovers. that being said, when they report, and if they kitchen sink it, the whole year, that talk about the waves, they have to get to that mass market $25,000, that's the thing tha
and i'm not shhere to defend tesla. i've not liked this stock for a long, long time, and i like it less now, but i think if we are questioning evs, there's probably a lot of people that could get up here and debate this, and i don't think you can say that demand for ev, as, you know, versus a hybrid, and obviously versus an internal combustion, you can't tell me that ev demand has peaked. it hasn't. >> no, i don't think anybody's saying that here, at least, but i think that is the debate,...
0
0.0
Apr 25, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
thank you very much. >>> we have a big lineup ahead long time tesla -- he's a tesla investor, he's a tesla bull, maybe we don't put words in his mouth given the 40% sell-off in the stock, but i have a feeling he might still be bullish. ron baron. new england patriots owner robert kraft and ftc chair lina khan "squawk box" will be right back. matching your job description. visit indeed.com/hire at corient, mat wealth management beginsn. and ends with you. we believe the more personal the solution, the more powerful the result. we treat your goals as our own. we never lose focus on the life you want to build. and our experienced advisors design custom built strategies to help you get there. it's time for a wealth management experience as sophisticated as you are. it's time for corient. ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'll be there... ♪ ♪ with my arms wrapped around... ♪ >>> our parent company comcast just out with ear
thank you very much. >>> we have a big lineup ahead long time tesla -- he's a tesla investor, he's a tesla bull, maybe we don't put words in his mouth given the 40% sell-off in the stock, but i have a feeling he might still be bullish. ron baron. new england patriots owner robert kraft and ftc chair lina khan "squawk box" will be right back. matching your job description. visit indeed.com/hire at corient, mat wealth management beginsn. and ends with you. we believe the more...
0
0.0
Apr 5, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
that's tesla, google and apple. i think they will be very strong players and benefit from a.i., maybe in a little second stage. whenever tesla finally gets automated driving really nail down, that will be a singular moment. but, yes, we see a broadening of the market into other sectors and, for example, electricity demand is up a lot because the computing intensity of a.i.-driven servers demands a lot of energy. so utilities have been far out of favor. we're not typically seen as utility investors but we see interesting opportunities in electricity because of electrical demand. >> appreciate your time. thanks for coming by. >> thank you. >> dan chung. >>> up next, we're tracking the biggest movers into the close. kristina partsinevelos standing by once again with that. >> well, customers are increasingly considering the shift to snowflake. and krispy kreme's new partnership is a game changer. i'll tell you why next. every day, more dog people, and more vets are deciding it's time for a fresh approach to pet food. th
that's tesla, google and apple. i think they will be very strong players and benefit from a.i., maybe in a little second stage. whenever tesla finally gets automated driving really nail down, that will be a singular moment. but, yes, we see a broadening of the market into other sectors and, for example, electricity demand is up a lot because the computing intensity of a.i.-driven servers demands a lot of energy. so utilities have been far out of favor. we're not typically seen as utility...
0
0.0
Apr 18, 2024
04/24
by
CNBC
tv
eye 0
favorite 0
quote 0
but, look, in every quarter, one of them shocks everybody maybe it will be tesla this time i don't know but i feel just generally speaking investors are still going to run for those stocks every opportunity they get >> i really, jim, want to see your microsoft next thursday i feel, by the way, the price target gets trimmed slightly at citi, they reiterate the buy the target to 475 from 480 and they're adjusting estimates, they say, because of some slight fx headwinds this is stock that's gotten the benefit of the doubt, you know, this first mover advantage, so to speak, where they have this open a.i. investment it catapulted the trade into the lexicon, and we've talked about it probably every single day in some respects since that happened nvidia has its own place, but i feel like microsoft, i want to see what they deliver this quarter. you know what i'm saying we've given them the benefit of the doubt. let's get some more meat on the bones. >> humor me. you like to ask us questions are you skeptical or are you saying there's a hidden gem here >> not really. i noted a couple weeks ago t
but, look, in every quarter, one of them shocks everybody maybe it will be tesla this time i don't know but i feel just generally speaking investors are still going to run for those stocks every opportunity they get >> i really, jim, want to see your microsoft next thursday i feel, by the way, the price target gets trimmed slightly at citi, they reiterate the buy the target to 475 from 480 and they're adjusting estimates, they say, because of some slight fx headwinds this is stock that's...