Tesla
Musk Prioritizes Other Ventures Over TeslaMusk Prioritizes Other Ventures Over Tesla: AI Chips Diverted to X and xAI
A recent leak from internal Nvidia emails obtained by CNBC has raised questions about Elon Musk's leadership of Tesla. The emails reportedly show Musk directing the chipmaker to prioritize shipments of thousands of artificial intelligence (AI) processors originally reserved for Tesla to two of his other companies, X and xAI. This move has caused delays in Tesla's receipt of these crucial components, potentially impacting the company's AI development goals.
This news comes amidst Musk's ambitious push to establish Tesla as a leader in the AI and robotics space. Tesla has significantly increased its purchases of Nvidia's flagship AI chip, the H100, aiming to grow its active chip count from 35,000 to 85,000 by the end of 2 024. To support this growth, Tesla reportedly allocated a significant portion of its budget to AI training and inference, estimated at $10 billion for the year.
Diverting these chips to X and xAI throws a wrench into Tesla's plans. The delay in receiving over $500 million worth of processors could potentially slow down Tesla's AI development initiatives. This raises concerns about potential conflicts of interest and the prioritization of Musk's various ventures.
Here's a deeper dive into the implications of this situation:
• Impact on Tesla's AI Development: The delayed arrival of AI chips could hinder Tesla's progress in areas like autonomous driving and other AI-powered features planned for its vehicles. This could lead to delays in the rollout of new features or impact the performance of existing ones.
• Investor Confidence: Tesla's investors might be wary of Musk's leadership if they perceive a lack of focus on Tesla's core business. Diverting resources to other ventures could raise questions about his commitment to Tesla's success.
• Conflict of Interest: Some may question the ethical implications of a CEO prioritizing chip allocation for his other companies over the one he leads. This could raise concerns about Musk's use of his position for personal gain.
• Transparency and Communication: The lack of transparency surrounding the chip allocation decision could further erode investor confidence. Tesla shareholders deserve clear communication regarding the rationale behind this move.
While the exact purpose of X and xAI remains unclear, some speculate these companies might be involved in ventures related to Neuralink, another of Musk's ventures focused on brain-computer interfaces.
The situation warrants further investigation. Here are some key questions that need answers:
• Justification for Chip Diversion: What is the rationale behind prioritizing X and xAI over Tesla for these crucial AI chips?
• Impact on Tesla's Roadmap: How will the delay in receiving the chips affect Tesla's AI development roadmap and the rollout of new features?
• Disclosure and Transparency: Were Tesla shareholders made aware of the potential delays caused by chip allocation to other companies?
Only time will tell how this situation unfolds. However, one thing is clear: the decision to divert AI chips away from Tesla has raised serious concerns that demand proper explanation and a commitment to Tesla's continued success in the AI race.
$GME 27 AFTER EARNINGS !!NYSE:GME 27 AFTER EARNINGS !!
Improved Net Income and Turnaround Efforts:
GameStop turned a net profit in 2023 for the first time since 2017, indicating a significant improvement in its financial performance. The company's ability to continue generating a net profit and restoring positive free cash flow is crucial for its turnaround and could boost
investor confidence, potentially driving the stock price up.
Revenue per Employee: GameStop is producing the second-most revenue per employee in the Specialty Retail industry among companies with over $1 billion market cap and over 1,000 employees. This high revenue efficiency could be a positive signal for investors, as it suggests the company is effectively utilizing its workforce to generate sales.
Share Buybacks: GameStop's increased EDGAR activity in April 2024 might indicate the company has been actively buying back shares.
Share buybacks can reduce the number of outstanding shares, potentially increasing the value of each remaining share and driving up the stock price.
New Investment Policy: The company's board approved a new investment policy that permits GameStop to invest in equity securities, among other investments. This new policy could lead to new revenue streams or strategic partnerships, which might positively impact the company's stock price.
Market Sentiment: The stock has been volatile in the past, with significant price movements driven by retail investor interest and short squeezes. Positive earnings results could trigger a renewed interest from retail investors, potentially driving up the stock price.
Product Expansion: GameStop is known for its video game-related products. However, tweets mention the company's expansion into other areas such as controllers, wall chargers, keyboards, and headsets. This diversification could attract new customers and increase sales.
Clearance Sales: Encouraging customers to purchase clearance items can help GameStop improve its revenue. This strategy could be part of the company's efforts to manage inventory and boost sales.
NIO 8 AFTER EARNINGS !! NYSE:NIO
Record Delivery Expectations: NIO shares soared over 9%, hitting $5.40 on record delivery expectations. Analysts foresee surpassing last year's high due to discounts. This indicates a positive market response to NIO's potential performance, which could lead to a higher stock price.
Market Sentiment: The market's response to NIO's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if NIO continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $8.
Strong Quarterly Earnings: NIO has shown strong financial performance in the recent past, with its stock price rising after reporting strong earnings. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future.
Increased Price Targets by Analysts: Analysts have increased their price targets for NIO, with some predicting a potential rise to $8. These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance.
Positive Industry Outlook: The electric vehicle industry is expected to continue growing, driven by the increasing need for sustainable transportation solutions. As a leading player in this space, NIO is well-positioned to benefit from this industry growth, which could lead to a higher stock price.
Innovative Product Line: NIO is poised to add two sedans to its offerings this year. This expansion of its product line could drive sales and revenue growth, potentially leading to a higher stock price.
$DOCU 60 -70 - 80 AFTER EARNINGS ? NASDAQ:DOCU
60 -70 - 80 AFTER EARNINGS ?
6 REASONS !!
Strong Quarterly Earnings: DocuSign has shown strong financial performance in the recent past, with its stock price rising after reporting strong earnings. This indicates a positive market response to its financial performance, which could lead to a higher stock price in the future.
Increased Price Targets by Analysts: Analysts have increased their price targets for DocuSign, with some predicting a potential rise to $65.
These optimistic forecasts suggest that the market and analysts have confidence in the company's future growth and performance.
Positive Market Sentiment: The market's response to DocuSign's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if DocuSign continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $65.
High Growth Potential: Analysts predict that DocuSign's earnings and revenue will grow significantly over the next 3 years. This high growth potential could attract investors and drive up the stock price.
Market Leadership: DocuSign is a market leader in the e-signature and contract management space. Its strong market position and broad scope of agreement workflows could contribute to its continued growth and success, potentially leading to a higher stock price.
Positive Industry Outlook: The e-signature and contract management industry is expected to continue growing, driven by the increasing need for digital solutions to streamline agreement processes. As a leader in this space, DocuSign is well-positioned to benefit from this industry growth.
$TM 220 - 240 - 25O AFTER EARNINGS ?NYSE:TM 220 - 240 - 25O AFTER EARNINGS ?
6 REASONS !!
Strong Quarterly Earnings: Toyota has shown strong financial performance in the recent past, with its profit in the latest quarter jumping nearly threefold from a year ago as vehicle sales grew globally. This indicates a strong demand for Toyota's vehicles and the company's ability to capitalize on this demand, which could positively impact its stock price.
Increased Net Profit Forecast: Toyota ramped up its annual net profit forecast to $26.1 billion after reporting it more than doubled in the first six months of the year. This indicates the company's confidence in its future performance, which could boost investor confidence and drive up the stock price.
Record High Stock Price: Toyota's shares hit a record high after reporting strong earnings and raising its fiscal-year earnings forecast. This shows that the market responds positively to
Toyota's financial performance, and further strong earnings could lead to a higher stock price.
Year-on-Year Earnings Growth: Despite a recent decline in earnings quarter-on-quarter, Toyota's earnings are up +97% year-on-year. This indicates a strong recovery and growth trajectory, which could lead to a higher stock price in the future.
Positive Market Sentiment: The market's response to Toyota's earnings reports has generally been positive, with the stock price rising after strong earnings reports. This suggests that if Toyota continues to report strong earnings, the market could respond positively, potentially pushing the stock price towards $250.
Dividend Yield: Toyota pays an annual dividend of $5.10 per share and currently has a dividend yield of 2.38%. This could attract investors looking for stable returns, potentially driving up the stock price.
TESLA : Bullish - Butterfly-Wolfe Wave-Head Shoulders inverseTESLA : Bullish - Butterfly-Wolfe Wave-Head Shoulders inverse
A butterly was detected since several weeks
We have also a Head shoulders inverse
and a Wolf Wave Bullish
then the market can reach 207 and the 233 $
To monitor the EMA.50 and EMA.200 and ICHIMOKU "kijun"
NB : Divergences ROC and RSI , bullish
TSLA (TESLA) falling continue. Target 150.Hi friend. So we have bears accumulation channel "1" between 166.4 - 186.5. I think in next few weeks price will fall to 150. On a road price have two transit levels 166.4 and 158.7 (there can be correction). Volume analysis based on my author indicators. Levels thanks to X-Lines script.
Follow me;)
🔴 TSLA : BIG Fall Ahead ? (READ THE CAPTION)By diving into the #Tesla stock chart, we can observe that the price has reached a critical supply zone. The pattern emerging on the chart suggests that a significant downturn in Tesla's stock could be imminent. However, keep an eye on the crucial resistance at $199—if the price breaks and holds above this level, it would invalidate this bearish outlook. Should the decline unfold as expected, we are looking at potential targets of $168, $139, and $119. Stay tuned for updates as the situation evolves!
Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me !
Best Regards , Arman Shaban
TSLA Up Trend started ?This up move is different, It started with GREEN UMVD and now Green TrapZone is also showing up. Current bars are Gray so we must wait for GREEN Bars to enter when up momentum resumes. If we break both angles going UP , down trend may resume so keep you Technical Tools handy :)
TESLA My Opinion! SELL!
My dear followers,
This is my opinion on the TESLA next move:
The asset is approaching an important pivot point 177.57
Bias - Bearish
Technical Indicators: Supper Trend generates a clear short signal while Pivot Point HL is currently determining the overall Bearish trend of the market.
Goal - 174.77
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
Tesla's kangaroo still hopping. 20/May/24TSLA kangaroo still boxing/ hopping inside the ring (triangle) since end of 2021. Strong support if there was a pullback toward 186 +/-. Which is confluence zone of 1) POC of Volume Profile (red horizontal line) 2) 233 weekly EMA (white MA Line) 3) Pitchfork lower channel (blue).
AMD GOING UP TO 169 ? NASDAQ:AMD 169 TP THIS WEEK ?
6 REASONS WHY
Strong Financial Performance: AMD's financial performance has been a significant contributor to its stock price surge.
The company's earnings per share (EPS) and forward dividend & yield figures have shown considerable improvement, reflecting a robust financial health that has instilled confidence in investors.
Superior Product Offerings: AMD's product portfolio is another reason for its success. The company offers a diverse range of microprocessors, graphics processing units (GPUs), and other semiconductor products that cater to a wide range of industries.
This versatility has allowed AMD to tap into multiple markets, driving its revenue and stock price upwards.
Market Share Gains: AMD has been steadily gaining market share from its competitors, particularly in the high-growth sectors of data centers and AI chips. The company's innovative products and competitive pricing have enabled it to outperform its rivals, leading to an increase in its market share.
Positive Market Sentiment: The overall positive market sentiment towards the semiconductor industry has also played a role in AMD's rally. As the demand for semiconductor products continues to grow, driven by emerging technologies like AI, IoT, and 5G, companies like AMD are well-positioned to benefit from this trend.
Strategic Partnerships and Collaborations: AMD's strategic partnerships and collaborations with other leading technology companies have also contributed to its success. These partnerships have allowed AMD to leverage its partners' resources and expertise to develop innovative products and expand its market reach.
Effective Management: Finally, AMD's management team has been instrumental in driving the company's success. Under their leadership, AMD has successfully navigated the challenges of the semiconductor industry, positioning the company for long-term growth.
Tesla looking bullishTesla seems to have completed its corrective wave (2) and to have started its wave (3) with a short term target in the $235 area.
A break above $235 would validate the exit of the large triangle formation and opens further up moves towards the all time high.
On the opposite side, a break below $160 would invalidate this view.
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It's recent partnership with Baidu regarding autonomous vehicles and AI data centers, and its increasing focus on the development of its functional humanoid robots (Optimus) seem to be encouraging news among others. I believe Tesla could be one of the most concrete way to play the AI revolution.
TESLA Massive Long! BUY!
My dear friends,
Please, find my technical outlook for TESLA below:
The price is coiling around a solid key level - 168.47
Bias - Bullish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 177.77
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
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WISH YOU ALL LUCK
Tesla Set to Cut 601 More Jobs in CaliforniaTesla ( NASDAQ:TSLA ) has announced plans to lay off an additional 601 employees in California, following a series of global job cuts initiated by CEO Elon Musk. The move follows a previous announcement that the company would lay off over 10% of its global workforce, which reached over 140,000 in late 2023. The latest layoff plan will affect employees at Tesla's facilities in Palo Alto and Fremont, California, starting on June 20, 2024.
Last month, Tesla ( NASDAQ:TSLA ) laid off 6,020 people in California and Texas as part of the headcount cuts. The global job reductions also included 285 employees at its Buffalo, New York facilities that house the labeling team for its Autopilot driver assistance software and fast-charging equipment.
Baidu, the general manager of Baidu's autonomous driving vehicle unit, has announced that it may collaborate with Tesla on self-driving Robotaxi production in China. If the collaboration proceeds, it will mark a significant advancement for Baidu's autonomous driving vehicle initiative. Baidu has projected that Apollo Go will break even by Q4 2024 and begin generating profit in 2025.