Warren Buffett’s Berkshire slashes BYD stake to 5.99%

By Simon Alvarez Posted on June 25, 2024 A Hong Kong Stock Exchange filing has revealed that legendary investor Warren Buffet’s Berkshire Hathaway has trimmed its stake in Chinese New Energy Vehicle (NEV) company BYD even further. With the latest reduction, Berkshire Hathaway now holds less than a 6% stake in BYD.  As per a …

Tesla’s Robotaxi unveiling a ‘historical moment’ in story, catalyst to $1T market cap: Wedbush

By Joey Klender Posted on June 21, 2024 Tesla is set to unveil its Robotaxi on August 8 and as the automaker plans to show off what will be its driverless vehicle platform for the first time, analysts are preparing for what its impact on the automaker’s story could be. The Robotaxi could be monumental …

Tesla Board encouraged to “find ways to reward Elon Musk” by Jefferies

By Simon Alvarez Posted on May 31, 2024 A recent note from Jefferies has stated that Tesla’s (NASDAQ:TSLA) Board of Directors must “find ways to reward Elon Musk as a tech innovator.” In their note, the Jefferies analysts highlighted that Musk’s attention is divided, as he is involved in several companies. This, the analysts noted, …