Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.
The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and
Tesla Deliveries Are Coming. They Matter More Than Ever. Here’s What to Expect.
The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and
Palantir stock dips after CEO tells short-term investors to consider other stocks
Palantir CEO Alex Karp appeared at an event hosted by The Executives' Club of Chicago and some of hiscomments alsoaired on CNBC.Karp did say he "likes so-called retail investors for lots of reasons" and said that Palantir's direct listing was a way to even the playing field between individual and institutional investors.Wall Street's short-term focus is "one of the most destructive, corrosive attributes of an otherwise interesting and largely functioning system," said Karp.