Stellantis NV traded more blows with BYD Co., saying its Chinese partner Leapmotor is selling more electric vehicles in Europe’s biggest EV market. https://t.co/NwUa7giPFP ...

Financial Data and Key Metrics Changes - Q3 revenue was $73 million, a decline of $5 million or 6% quarter over quarter, primarily due to a 12% decrease in thermal barrier revenues to $48.7 million [14] - Gross profit decreased by 18% quarter over quarter to $20.8 million, with gross margin declining from 32.4% to 28.5% [14][15] - Adjusted EBITDA declined by $3.5 million quarter over quarter to $6.3 million in Q3 [15] Business Line Data and Key Metrics Changes - Thermal barrier segment gross margin was 24%, down from 31% in Q2, while energy industrial segment gross margin remained stable at 36% [15] - Energy industrial revenues increased by 7% to $24.3 million, indicating stabilization from recent lows [14] Market Data and Key Metrics Changes - North American EV sales reached record levels in Q3, but GM significantly reduced its EV production rates in October, indicating a shift in market dynamics [7][17] - GM's U.S. market share grew to 16.5%, second only to Tesla, but the company expects to determine natural EV demand early in 2026 [7][22] Company Strategy and Development Direction - The company aims to build a strong, profitable, capital-efficient business while diversifying into adjacent markets such as battery energy storage systems [6][12] - The focus is on leveraging Aerogels technology to expand into new verticals and enhance product offerings with complementary specialty materials [25][26] Management's Comments on Operating Environment and Future Outlook - Management acknowledges the challenging environment for EV OEMs and anticipates a reset in EV demand, with expectations for growth to resume from a lower base [28] - The energy industrial segment is expected to stabilize and grow, with a strong revenue trajectory anticipated in 2026 [11][28] Other Important Information - The company ended Q3 with $152.4 million in cash and equivalents, indicating a strong net cash position [16] - The company is engaging with lenders for near-term covenant relief due to the revised Q4 outlook [18] Q&A Session Summary Question: EBITDA break-even target - Management discussed the $200 million revenue target for EBITDA break-even, emphasizing the importance of production mix and cost reductions [30][31] Question: Growth in energy industrial segment - Management expressed optimism about growth in the energy industrial segment, projecting a return to higher revenue levels in 2026 [33][34] Question: European OEM award and potential volumes - The new European OEM award is expected to contribute significantly to revenue, with potential volumes projected for 2027 [39] Question: Demand for stationary storage - Management noted increasing demand for stationary storage systems and the company's readiness to meet this demand with existing technology [38] Question: Channel inventories and corrections - Management indicated progress in moving product through distribution channels, with improvements noted compared to earlier in the year [36] Question: CapEx maintenance - Management plans to maintain lower CapEx levels while ensuring efficient operations, with selective investments tied to returns [50]

and Ford beating on earnings but lowering guidance after a fire hit operations at the manufacturing plant of their primary aluminum supplier last month. >> In fact, here to help us break down the Ford quarter, what it means for the rest of Autos is former Ford CEO Mark Fields, also a CNBC contributor. Mark, happy Friday.Thanks for being with us. >> Great to be here, Carl. Thanks.>> What a week between um the fire, which we'll get to in a second, but tariff expectations, uh Ford's comments about EVs, what do ...

Core Insights - VinFast has transitioned from a Vietnamese startup to a notable global electric vehicle (EV) brand, emphasizing long-term trust and customer service as key components of its success [1] Company Performance - In September 2025, VinFast achieved a significant milestone by selling 100,000 electric vehicles within just nine months, marking an unprecedented record in Vietnam's automotive industry [1]

It was about earlier in the week that we saw Jim Farley, CEO of Ford, saying the EV market in the U.S. is going to slump by half because of the policies currently being enacted here. And meanwhile, we see Tesla jump, but because of that EV tax credit expiry potentially. What is the forward looking analysis of yours for U.S. sales for Tesla.Yeah, definitely. We knew Q3 was going to be a record quarter, right. Driven by policy.Right. Everyone created a sense of urgency, whether it was dealers, OEMs and so con ...

Financial Data and Key Metrics Changes - Revenue for FY 2025 reached $354.7 million, an increase of 22.1% compared to the prior year [11][14] - EBITDA was $46.4 million, up 19.3% year-over-year [12][18] - EBIT increased to $39.2 million, reflecting an 18.4% growth [12] - Net profit rose to $26.2 million, a 17% increase from the previous year [12] - Earnings per share (EPS) was 25.3 cents, up 8.6% compared to the prior year [12][19] - Operating cash flow improved significantly to $52.7 million, up from $35.5 million in FY 2024 [12][22] - The company reported a net cash position of $9.8 million as of June 30, 2025, up from a net debt position of $8.8 million the previous year [21][23] Business Line Data and Key Metrics Changes - The core traditional IPD business grew by 5.2% year-over-year, driven by strength in infrastructure sectors [14][15] - CMI Minto plugs and receptacles revenue increased by 6.4% [15] - EX Engineering also saw a revenue increase of 5.2% [15] - Data center revenues surged by 33%, now representing 16% of total revenue [13][15] Market Data and Key Metrics Changes - The Australian data center market is experiencing significant growth, expected to double by 2030 with over $26 billion in investments [34][36] - The EV market is projected to grow substantially, with a target of a fourfold increase in the fleet by 2027 [39][40] Company Strategy and Development Direction - The company aims to enhance infrastructure through energy efficiency, automation, and secure connectivity [3] - Strategic focus includes both organic growth through market expansion and inorganic growth via acquisitions [64] - The company is positioned to capitalize on the electrification of the economy and the industrial Internet of Things [27][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continuing to grow at twice the market rate, despite some subdued market conditions [73][74] - There are positive signs in the commercial construction sector, which is expected to support strong results in the coming year [26] - The company anticipates a 25% growth in data center revenues over the next twelve months, supported by a strong order book [82] Other Important Information - The company declared a fully franked dividend of 6.2 cents per share, with total dividends for FY 2025 at 12.6 cents, representing a 50% payout ratio [24][25] - The company has expanded its operational footprint with new offices in Brisbane and Melbourne [22] Q&A Session Summary Question: What is the current outlook on market growth versus your growth for the next twelve months to three years? - Management expects to continue growing at twice the market rate, estimating market growth at around 3% and aiming for 5-6% growth [73][74] Question: What are your thoughts on M&A strategy? - The M&A strategy focuses on adjacent spaces to the current portfolio, with ongoing conversations about potential acquisitions [75][76] Question: What are your expectations in the data center space over the next twelve months? - Management anticipates a further 25% growth in data centers, supported by a strong quotation pipeline [82] Question: How are you thinking about prices across your product portfolio over the next twelve months? - A price increase of approximately 4% is expected in February, driven by inflationary pressures and increased operational costs [85]

Financial Performance - Tesla's Q2 revenue was $225 billion, missing the estimated $2264 billion, representing a 9% decrease compared to the $2505 billion reported a year ago [1] - Tesla posted an EPS of 40 cents, falling short of the expected 42 cents, with operating income at $923 million, also below the anticipated $123 billion [1] - Without regulatory credits, Tesla is essentially cash flow break-even, and these credits are expected to decline [32] Market Trends and Competition - The EV market is growing at a double-digit rate globally, while Tesla is experiencing double-digit declines in sales and profit [3] - Competition has caught up with Tesla, with new models and products being announced every month from American, European, Chinese, and Korean manufacturers [5][6] - China has made incredible progress in the EV market, gaining an edge in hardware, software, charging infrastructure, battery technology, and manufacturing [8][9] - Chipotle's same-store sales growth declined by 4%, lower than the expected 29% decline, with foot traffic down 49% versus the expected 44% decline [24][25] Future Outlook and Product Development - Tesla's more affordable model is still slated for the second half of 2025 production [2][14] - Tesla is conducting first builds of its more affordable model in June with volume production planned for the second half of 2025 [14] - The Cyber Cab, a vehicle without pedals or wheels, is still slated for production in 2026, pending regulatory approval [15][16] - Tesla needs an affordable, low-cost small vehicle to be competitive globally [35] Leadership and Strategy - Elon Musk's return to full-time focus at Tesla is seen as the best thing for the company, especially in creating visions, strategies, and focusing on product development [10][11][41] - Elon Musk's public behavior and political opinions are negatively impacting Tesla's image and sales [37][38][44][45] - A potential combination of Tesla and XAI is anticipated, with Tesla potentially overpaying for XAI [46][47][48]

Financial Projections - Canaccord Genuity's George Gianarikas表示，特斯拉的股票受到Robotaxi的乐观情绪驱动 [1] - 预计到2027年，每股收益（EPS）将达到9美元 [1] - 预计到2030年，Robotaxis + Optimus将有巨大的发展 [1] Market Dynamics - 电动汽车市场面临困境，税收抵免逐步取消 [1] - 更便宜的电动汽车即将上市 [1] Company Focus - 特斯拉对Robotaxis + Optimus进行了大笔投资 [1] - 特斯拉的长期上涨潜力巨大 [1]

Market Share - Tesla dominates the EV market in Italy with a 214% market share, over three times more than any rival [1] Sales Performance - Model Y leads with 902 sales, followed by Model 3 with 793 sales [1] Brand Ranking - Tesla is the number one brand in Italy for June 2025 [1] Model Ranking - Tesla Model Y is the number one model in Italy for June 2025 [1]

Market Share - Tesla leads Switzerland's EV market with 173% market share in June [1] - Tesla's market share is far ahead of any rival in Switzerland [1] Sales Performance - Model Y achieves 689 sales, ranking 1 overall in Switzerland [1] - Tesla secures both top brand and top model titles in Switzerland [1]