A prominent fund manager expressed surprise at what he perceives as Elon Musk’s evolving strategy for Tesla, suggesting a shift towards prioritizing autonomous driving and artificial intelligence over electric vehicle (EV) market share, potentially impacting the company’s near-term growth trajectory. Musk’s Shifting Priorities at Tesla Raise Eyebrows on Wall Street Elon Musk’s apparent shift in…
Tesla is now accepting Cybertruck trade-ins, providing a first glimpse into the vehicle’s real-world depreciation. Early estimates suggest trade-in values are lower than some owners anticipated, sparking discussions about the Cybertruck’s long-term value retention. Tesla has officially launched its Cybertruck trade-in program, allowing owners to exchange their vehicles for other Tesla models or potentially future…
Tesla is facing renewed scrutiny over its Autopilot and Full Self-Driving (FSD) features, with critics and regulators questioning whether Elon Musk and the company have misled customers about the capabilities of these technologies. Claims of autonomous driving have come under fire as investigations intensify, focusing on concerns that Tesla’s marketing overstated the reality of the…
McDonald’s beloved McCafé Bakery sweets could be headed for extinction, with the chain reportedly planning to discontinue its muffins, scones, and pies across the country. Reports indicate that McDonald’s is streamlining its menu, and these bakery items may be the latest victims of this strategic shift. According to a statement released by McDonald’s, the company…
As economic uncertainties loom, CNBC’s Jim Cramer is advising investors to fortify their portfolios with two asset classes he believes are resistant to debt pressures: gold and select, high-performing companies. He specifically highlights companies demonstrating substantial revenue growth and robust balance sheets as potential safe havens during economic downturns. Amidst growing concerns about rising interest…
Here’s a rewritten news article based on the provided source, aiming for journalistic standards, depth, and accuracy. Fund Manager Predicts Earlier-Than-Expected End to Elon Musk’s Tesla Leadership A prominent fund manager is suggesting that Elon Musk’s tenure as CEO of Tesla may conclude sooner than many investors and industry observers currently anticipate. Ross Gerber, CEO…