Gary Black, Managing Partner of The Future Fund LLC, has expressed his unwillingness to short Tesla Inc. (NASDAQ:TSLA) despite his concerns with the EV giant's valuation.Tesla Is Too Good A CompanyTaking to the social media platform X on Tuesday, Black shared an insight into why investors invoke short positions against a company’s stock. “Shorting stocks is no picnic,” he said.Black added that the ideal candidates for shorting include businesses that face "secular demand decline or permanent market share lo ...

We're back here on Morning Trade Live. We're going to focus on Tesla. The stock's up more than 20% so far in 2025 and up over 125% from its April lows after hitting an all-time high during yesterday's session.Shares are down about 2% from those levels uh in the market in early trading today, but the optimistic trade continues. Let's bring in uh our next guest and that's going to be Marley Kaden uh Schwab Network contributor here to help us break down what's going on here because I did see a note yesterday f ...

Core Insights - Tesla Inc. remains the leader in the U.S. electric vehicle (EV) market despite a 23% decline in sales, with the Model Y capturing 30% of all EV sales in Q3 [1][6] - The overall EV market is fragmented, with other manufacturers like Chevy and Hyundai gaining small market shares of about 5% each [2] - Nationwide EV sales fell 41% year over year in November, indicating significant challenges for legacy car companies entering the market [3] Tesla's Market Position - The Model Y is priced at $37,990, which is below the industry average EV price of approximately $58,000, but still may be too high for widespread adoption [4][6] - Tesla's Model 3 holds the second position in the market with a 10% share, highlighting its strong presence in the EV sector [1] Industry Challenges - The decline in EV sales suggests that financial losses for EV companies are likely to persist, even if investments in EVs are reduced [3] - The need for a more affordable price point, such as a potential $25,000 sedan from Tesla, is seen as crucial for broader EV adoption in the U.S. [4]

Core Thesis - Amkor Technology, Inc. is positioned as a key player in the semiconductor industry, focusing on outsourced semiconductor assembly and test (OSAT) services, with a strong emphasis on advanced chip packaging and testing solutions critical for high-performance computing, AI, and next-generation mobile devices [2][3] Company Overview - As of December 1st, Amkor's share price was $37.74, with trailing and forward P/E ratios of 30.44 and 22.83 respectively [1] - The company has a significant customer concentration, with Apple accounting for approximately 30-40% of its revenue [3] Market Position and Growth Drivers - Amkor serves four primary end markets: communications, computing, automotive & industrial, and consumer, with smartphones and tablets making up over half of total sales [3] - Structural growth drivers such as AI, IoT, and electric vehicle (EV) adoption are accelerating demand, particularly for silicon carbide (SiC) packaging, where Amkor holds a competitive edge due to its technical expertise [3] Strategic Initiatives - The centerpiece of Amkor's growth strategy is a new $2 billion advanced packaging and test facility in Arizona, the first of its kind in the U.S., supported by major partners like Apple, NVIDIA, TSMC, and the CHIPS for America initiative [4] - This facility is expected to enhance Amkor's role as a strategic national asset, benefiting from both public and private backing [4] Financial Outlook - Although free cash flow is expected to be constrained by high capital expenditures through 2027, long-term margins and returns are anticipated to improve once the new facility ramps up [5] - The company's valuation is approximately 6.5x NTM EV/EBITDA, and it maintains a net cash balance sheet, providing downside protection [5] Risks and Opportunities - Execution risks related to the Arizona facility's buildout and customer concentration are present, but the company benefits from structural tailwinds, government support, and established partnerships, indicating significant multiyear upside potential [5]

No living person is having a bigger positive impact on humanity’s future.Full stop.Legacy media is dying because of idiotic headlines like “Elon Musk Is Rewriting History – Grok Said He’s Better Than Jesus.”It’s pure clickbait built on a 24-hour-old jailbreak glitch that was already fixed.Elon called it “insanely dumb,” xAI apologized and patched it instantly.Done.Grok gets meaningfully better every single day — faster than any other major model.Meanwhile, Elon is currently delivering:30× cheaper space acce ...

@robotaxi @Tesla_Optimus @grok @cybertruck @tesla_semi Ubiquitous, reliable fast charging is essential to EV adoptionIn the last year, our Supercharger network– Added 12k Superchargers (+18% YoY)– Delivered 6 TWh (+29% YoY)– Almost 100% uptime ...

Core Viewpoint - General Motors (GM) is reducing its US workforce by approximately 1,750 employees at electric vehicle (EV) and battery production sites due to slower EV adoption and regulatory changes [1][2]. Workforce Reduction - The layoffs will affect two main facilities: around 1,200 positions will be cut at a Detroit plant, and about 550 roles will be eliminated at the Ultium Cells battery plant in Warren, Ohio, a joint venture with LG Energy Solution [1]. - GM is also halting production at its battery cell plants in Ohio and Tennessee starting in early 2026, which may lead to temporary layoffs for about 1,550 staff during a six-month stoppage [2][3]. Production Adjustments - Battery cell production at the Spring Hill, Tennessee, and Warren, Ohio facilities will be paused beginning January 2026, with impacted employees potentially receiving a significant portion of their wages and benefits during this period [4]. - GM has recently laid off over 200 salaried staff at its Tech Center in Warren, Michigan, as part of broader cost-reduction measures [4]. Strategic Realignment - The company is reviewing its white-collar workforce to identify duplicate positions and enhance efficiency [5]. - GM has ceased production of the BrightDrop electric delivery van at the CAMI Assembly plant in Ingersoll, Ontario, Canada, citing the expiration of the US federal $7,500 EV tax credit as a challenge to EV sales [5]. Financial Performance - GM reported a significant decline in third-quarter 2025 net income, which fell 57% to $1.32 billion from $3.05 billion a year earlier, while revenue slightly decreased to $48.59 billion from $48.76 billion in the previous year [6].

Core Points - General Motors is laying off approximately 1,700 workers in Michigan and Ohio due to a decrease in demand for electric vehicles [1][2] - The layoffs include about 1,200 jobs at an all-electric plant in Detroit and 550 at the Ultium Cells battery plant in Ohio, with additional temporary layoffs affecting hundreds of other employees [1][3] - The company is pausing battery cell production in Warren, Ohio, and Spring Hill, Tennessee, starting January 2026, to adjust to changes in customer demand [2][3] Industry Context - The decline in electric vehicle adoption is linked to the expiration of federal tax credits, which previously offered $7,500 for new EVs and up to $4,000 for used vehicles [4] - The expiration of these incentives occurred as part of a tax and spending cut bill passed by Congress in June [4] - GM has also recently reduced its workforce in other areas, including layoffs of 200 salaried employees in Detroit and 300 job cuts in Georgia due to the closure of an IT Innovation Center [5]

Core Viewpoint - General Motors is significantly reducing its U.S. electric vehicle and battery production due to a notable decline in demand for its battery-powered vehicles [1][4]. Production Cuts - GM will cut production at its Detroit EV plant to one shift starting in January, reducing output by approximately 50% [3]. - The company will halt battery cell production at its two U.S. joint-venture battery plants in Tennessee and Ohio for about six months, leading to temporary layoffs of around 1,550 workers [2]. - Additionally, GM will lay off 550 workers indefinitely at the Ohio plant, which it operates with LG Energy Solution [2]. Market Conditions - The cuts are attributed to slower near-term EV adoption and changes in the regulatory environment [4]. - The expiration of a $7,500 federal tax credit for EV buyers is expected to lead to a significant drop in consumer demand, with some analysts predicting that EV sales could fall by half in the coming months [5]. Industry Trends - Other automakers, including Nissan and Stellantis, have also canceled plans for future electric models, reflecting a broader retreat from aggressive EV strategies [6]. - GM has been revising its outlook for EV sales and has made additional production cuts throughout the year [6]. Union Response - The United Auto Workers union criticized GM for the job cuts, highlighting that the company recently raised its expected annual profits to $13 billion [7]. - The union is advocating for increased investment in both internal combustion engine (ICE) and EV production [7]. Future Expectations - GM CEO Mary Barra indicated that the company anticipates a reduction in EV losses starting in 2026 and beyond, acknowledging the impact of the evolving regulatory framework and the end of federal consumer incentives on near-term EV adoption [8].

Group 1 - Ford Motor Co. has incurred over $2 billion in additional costs due to President Trump's tariffs, which account for about 20% of the company's global profit [1][2]. - The CEO, Jim Farley, indicated that tariffs on certain components have exceeded 70%, significantly impacting production activities [2]. - Farley compared the competition from Chinese automakers to the historical competition with Japanese manufacturers in the 1980s, stating that Chinese companies have sufficient capacity to serve the North American market [3]. Group 2 - Farley projected that electric vehicle (EV) adoption in the U.S. would reach only 5% due to the current administration's policies favoring internal combustion engine (ICE) vehicles, although he noted growth in the affordable EV segment [4]. - Ford is focusing on its Universal EV Platform to support the development of a $30,000 EV, which is expected to drive future growth [4]. - The company has paused production of the F-150 Lightning Pickup trucks due to an aluminum shortage caused by a fire at a key supplier's facility [6].