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Paymentus Posts Better-Than-Expected Earnings, Joins Dave, Honest Company, Natera, CAVA Group And Other Big Stocks Moving Higher On Wednesday
Markets Breath Sigh Of Relief After In-Line Inflation Data: Stocks Rebound As Small Caps, Bonds Soar
Tesla's stock price has risen "rocket-like", prompting bullish analysts to remind: bubble risks cannot be ignored.
① Tesla's market cap increased by nearly 250 billion USD within a week, with the stock price reaching its highest level since April 2022; ② Analysts remind investors to be cautious, as Tesla's stock price is rising too quickly, surpassing the target prices of most investment banks; ③ There is significant controversy over Tesla's valuation, with a large gap in target prices among investment banks, and the current valuation is described as 'extremely exaggerated.'
Ningde Zeng Yuqun: Musk does not understand batteries, the "zero carbon" power grid will be ten times larger than the electric vehicle battery business.
Musk's bet on cylindrical batteries (i.e., 4680) "will fail and will never succeed." "We had a very intense debate. He (Musk) was silent because he did not know how to manufacture the battery. This is about electrochemistry, and he is good at chips, software, hardware, and machinery."
Today's Pre-Market Movers and Top Ratings | RIVN, SPOT, TSLA, CAVA and More
Tesla Recalls Over 2400 Cybertrucks In US