Tesla's (TSLA) long-awaited robotaxi event largely disappointed investors who were left wanting more details. CFRA analyst Garrett Nelson joins Morning Brief...
) long-awaited robotaxi event largely disappointed investors who were left wanting more details. CFRA analyst Garrett Nelson joins Morning Brief to discuss how the event is weighing on Tesla 's stock and whether CEO Elon Musk can deliver value to shareholders.
Nelson believes that the decline in Tesla's stock could be the beginning of a larger pullback."If you look at where it's trading on consensus estimates, the stock where it closed yesterday is trading at 75 times consensus estimates for next year. Looking out to 2026, it's trading at 57 times. So these are really pretty lofty multiples.
Passing Amendment 3 will save dollars and keep law enforcement focused on keeping us safer, and generate at least $400 million a year in new revenues. | OpinionNovavax stock remains volatile. After hitting a two-year high in June on enthusiasm for its updated Covid vaccine, shares have pulled back.Uber and Lyft stocks surge after Tesla’s Cybertaxi event failed to impress investors. The three major indexes are trading higher after Banks kicked off third quarter earnings.
Tim Walz ripped Donald Trump as a hypocrite on Friday, suggesting the former president outsources more than just his bibles to China.“We just found out his Trump-branded bibles—yeah, they’re printed in China,” Walz said at a Michigan rally. “This dude even outsourced God to China!”The Minnesota governor then feigned pity on Trump and offered to be “generous.”Read more at The Daily Beast.Get the Daily Beast's biggest scoops and scandals delivered right to your inbox. Sign up now.
Canada added a net 46,700 jobs and the unemployment rate dropped to 6.5 per cent, according to Statistics Canada data released on Friday.LOS ANGELES — Shohei Ohtani will get his wish to see Los Angeles Dodgers teammate Yoshinobu Yamamoto face off against San Diego's Yu Darvish in Game 5 of the National League Division Series.
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