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Tesla"s Robotaxi Plan Hasn"t Excited Investors, But Fund Manager Gary Black Says This Is What Matters More: "No Other Way To Interpret This..."

Tesla shares have made a fledgling recovery and for continued outperformance, the company has to focus on its affordable car offering, says a fund manager. read more.....»»

Category: blogSource: benzingaApr 26th, 2024

"Should Have Sold Our Entire $TSLA Position," Says Fund Manager, Following EV Giant"s Coordinated Global Price Cuts Over Weekend

Gary Black suggests Tesla's configurator price cuts won't benefit the company, as rivals are likely to match them, following Tesla's global EV price reductions. read more.....»»

Category: blogSource: benzingaApr 21st, 2024

"Not Good" For Tesla If It"s True, Says Fund Manager, As New Report Says EV Maker Has Put Sub-$30K Vehicle On Hold

Tesla's strategic direction hasn't been received well by investors and the stock is on extended downtrend now. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Is Elon Musk Working So Hard To Ensure His Pay Package Is Approved By Shareholders In June? Here"s What A Fund Manager Says

Tesla sprang a surprise in its proxy statement filed earlier this month by calling for its shareholders to vote once again on Musk's 2018 compensation plan read more.....»»

Category: blogSource: benzingaApr 30th, 2024

"Wow:" Elon Musk Stunned By Reminder Of How Tesla Bull"s Optimistic 2021 Rivian Prediction "Didn"t Age Well"

Future Fund's Gary Black expressed optimism about Rivian in 2021, even at a $70 billion market cap, expecting them to produce 150,000 EVs annually by 2024 with $10 billion in revenue. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Tesla’s 2Q Demand Remains Well In Excess Of Supply

Whitney Tilson’s email to investors discussing Gary Black’s tweet on Tesla Inc (NASDAQ:TSLA)’s 2Q demand remains well in excess of supply; Houston crash; Musk Asperger’s; bottom drops out of the red-hot market for.....»»

Category: blogSource: valuewalkMay 14th, 2021

Amid GameStop frenzy, Elon Musk gets half-hearted support from Einhorn

Hedge fund manager David Einhorn “half-heartedly” defended nemesis Elon Musk in his quarterly letter to investors amid accusations the Tesla CEO helped fuel the recent short-squeeze in GameStop shares......»»

Category: topSource: foxnewsApr 15th, 2021

Need to Know: Is Tesla the next Enron? One hedge-fund manager charts a gloomy path

There’s more than enough to get distracted by — and be nervous about — over the next few days, but judging from the upbeat premarket action Monday, investors aren’t exactly scrambling around for risk-off assets......»»

Category: topSource: marketwatchApr 16th, 2018

Hedge fund heaps criticism on Tesla after Musk"s conference call

NEW YORK (Reuters) - A small hedge fund manager who has long been betting against Tesla Inc on Thursday redoubled his call for the stock to fall to zero, comments that came as investors were already hammering the electric car maker......»»

Category: topSource: reutersMay 3rd, 2018

Musk, Einhorn exchange barbs after hedge-fund manager lashes out at Tesla

Hedge fund Greenlight Capital, managed by David Einhorn, lashed out at several companies in its letter to investors l.....»»

Category: topSource: marketwatchAug 1st, 2018

Saudi fund may only play minor part in Musk"s $72 billion Tesla plan: bankers

Elon Musk told investors this week that "obviously, the Saudi sovereign fund has more than enough capital needed" to finance taking Tesla private......»»

Category: topSource: reutersAug 15th, 2018

Why Rivian Stock Is Sliding Downhill Premarket Today

Rivian's fairly in-line results have not cut ice with investors, with a fund manager blaming the negative sentiment on a wider-than-expected free cash flow loss. read more.....»»

Category: blogSource: benzingaMay 8th, 2024

Stocks are primed to tumble into a bear market as bullish investors have driven equities to 1929 extremes, famed fund manager says

A stock market crash as steep as 65% wouldn't be surprising, legendary investor John Hussman said previo.....»»

Category: worldSource: nytMay 7th, 2024

Tesla Retail Shareholder Who Poured $3.5B Into EV Stock Screams Foul Over "Magician" Elon Musk"s Pay Package Plan, Urges Other Investors To Vote No: "Don"t Be A Sucker"

He referred to Musk's supporters as "brainless suckers" and accused Tesla's mission to accelerate the world's transition to sustainable energy as a "ruse to suck in naive investors and engineers." read more.....»»

Category: blogSource: benzingaMay 6th, 2024

Investors are ramping up their exits from Cathie Wood"s ARK after an epic 72% decline in her flagship fund

ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance. Photo by Marco Bello/Getty ImagesInvestors are ramping up ou.....»»

Category: smallbizSource: nytApr 23rd, 2024

Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.

Neom officials visited Beijing, Shanghai, and Hong Kong in an attempt to court Chinese investors and shed more light on the $500 billion megaproje.....»»

Category: smallbizSource: nytApr 22nd, 2024

Cathie Wood"s Ark Laps Up $3.3M Worth Of Tesla As Stock Falls For 3rd Straight Session, Sheds Shares Of This Sports Betting Company

Tesla found favor with bullish fund manager Cathie Wood, as her firm lapped up Tesla shares following its 10% slide over three sessions. read more.....»»

Category: blogSource: benzingaApr 17th, 2024

Tesla Bull Predicts Q1 Beat On Back Of This Factor But Hopes Elon Musk "For Credibility" Doesn"t Blame High Interest Rates For Delivery Slide

Gary Black expects Tesla's first-quarter results to surpass the consensus adjusted earnings per share estimate of 55 cents per share. read more.....»»

Category: blogSource: benzingaApr 12th, 2024

: Early Tesla backer and top fund manager attacks Warren Buffett’s strategy. Here’s his investing advice.

James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices......»»

Category: topSource: marketwatchMay 14th, 2021

Florida private equity manager indicted in New York for loan fraud

A Florida private equity manager has been indicted on charges he lied about his investors in order to obtain a $95 million bank loan for his $500 million fund, federal prosecutors in Manhattan said on Wednesday......»»

Category: topSource: foxnewsMay 12th, 2021

A top fund manager backed Tesla early after a surprise pitch from Elon Musk - and bet on Google after meeting with Ask Jeeves

Will Danoff, who manages Fidelity's $132 billion Contrafund, met with Tesla in 2010 as "an afterthought." Elon Musk. Britta Pede.....»»

Category: topSource: businessinsiderApr 27th, 2021