Tesla

Meta could bring NFTs to the masses via Instagram. Mark Zuckerberg mentioned during his speech at SXSW that Instagram plans to integrate NFTs in the coming months. With over 1BN MAUs, Instagram would dwarf existing players like OpenSea (1MN) and…

Tesla raises its prices by 5-10% in part due to the high price of nickel. While this past week has included two price hikes for the company, there’s a likelihood these prices will come down again. The most recent upgrades…

Takeaways: There were reports that TSLA has plans to increase its China production from 1.1M to 2M vehicles/year. As a point of comparison, VW expected to be able to produce 1M EVs in China in 2023. Bottom line is: China is…

Amazon and Visa find a way forward. The two have reached a global resolution after a months-long dispute over processing fees. In November, Amazon threatened to stop accepting VISA in the UK, Singapore and Australia due to a 2% merchant fee,…

 Takeaways: Apple’s open source code has mistakenly revealed references to a new ‘realityOS.’ While we don’t expect the MR headset to be released until 2023 at the earliest, this is confirmation that the product is in the works. Salesforce shared…

Gene and Doug share their thoughts on: Last week’s earning reports from MSFT, AAPL and TSLA. The takeaway is that the bar remains high for Big Tech. A preview of upcoming earning calls from GOOGL (Feb. 1), FB (Feb. 2),…

Tesla did it again in the December quarter; they showed the auto industry how to run an EV business. Dec. quarter deliveries were up 71% y/y while the top five automakers were down 3%. This delivery gap has become a…

This was originally posted on Doug’s blog, Uncomfortable Profit.  What’s the fastest way to get attention on the internet? Criticize a religion. These days, religions come in two forms — political and financial— and I said the unspeakable about Tesla:…

Gene and Doug have different perspectives on how the Tesla story will play out over the next decade.

Takeaways: Buckle up, we have a big week with Tesla and Apple reporting, along with IBM, Microsoft and Intel.  Aside from the usual variables around quarterly results, this week we get the much anticipated commentary from the Fed that will…

Takeaways: Another rough day in the market. Second time in a week that we’ve seen a two standard deviation move in the NASDAQ. Fear is controlling the market, and will continue until… who knows. Epic needling Apple with its Fortnite…

Takeaways: Chairman Powell had some encouraging language today suggesting that the Fed is getting ready to step up to the inflation challenge. Will have to wait till the end of the month until details from the Fed meeting. Apple has…