The fine print of the European Union's relaxed targets in the shift to electric cars risks cancelling out the intended benefits, the CEO of Mercedes-Benz said on Thursday. ...

Tesla Inc. posted its first annual revenue decline in 2025, underscoring how political shifts and growing consumer unease with Elon Musk's activism are complicating the electric-car maker's growth sto... ...

Core Viewpoint - Michael Burry, known for his skepticism towards Tesla, has confirmed that he currently holds no short position in the company despite his critical views on its valuation [1][5]. Group 1: Valuation Concerns - Burry has labeled Tesla's valuation as "ridiculously overvalued," particularly after the company released fourth-quarter vehicle sales estimates that fell below investor expectations [3][4]. - He has expressed concerns about the disconnect between Tesla's stock price and traditional automotive and tech-sector fundamentals, highlighting the influence of a "cult-like" following that supports the stock price [4][10]. Group 2: Current Investment Strategy - While Tesla remains a frequent subject of Burry's commentary, his current investments are focused on the broader AI sector, specifically holding significant put options against NVIDIA and Palantir [6][8]. - Burry's decision to refrain from shorting Tesla may be influenced by the unpredictable nature of its stock momentum, which can persist despite fundamental concerns [11]. Group 3: Shareholder Impact - Burry estimates that Tesla's equity-based compensation dilutes shareholders by approximately 3.6% annually, compounded by the absence of stock buybacks to mitigate this dilution [10]. - He has criticized Elon Musk's performance-based pay package, arguing that it prioritizes market-cap milestones over sustainable profitability for long-term investors [10]. Group 4: Stock Performance - Tesla shares have experienced a gain of over 40% in the past six months, although they were slightly down at $453.03 at the time of publication [12].

Core Viewpoint - The UK automotive industry is urging the government to support the Modern Industrial Strategy to restore vehicle manufacturing to 1.3 million units by 2035, as current output is significantly lower at around 700,000 units in 2023, down from 1.5 million in 2018 [1]. Group 1: Government Support and Industry Response - The Society of Motor Manufacturers and Traders (SMMT) warns that fiscal policies threatening the new car market could undermine industrial measures and funding aimed at supporting sector growth [2]. - The sector has welcomed government commitments, including a £2.5 billion fund for innovation and productivity, and trade deals with the US and India, indicating recognition of the automotive sector's importance for economic prosperity and decarbonisation [3]. Group 2: Concerns Over Upcoming Fiscal Policies - The SMMT expresses concern that measures proposed ahead of the Autumn Budget could negate government support and inflict severe damage on the industry [4]. - A proposed pay-per-mile tax on electric cars could suppress demand and make achieving sales targets more challenging, according to the SMMT [4]. Group 3: Market Dynamics and Investment Risks - The share of Battery Electric Vehicles (BEVs) in UK new car sales has reached 25%, with a government target of 28% for 2025, which could lead to penalties for companies failing to meet volume targets [5]. - The industry has already spent £8.5 billion on EV discounts to meet targets, and further measures that weaken demand could deter investors and shrink the market [5]. - Proposals from the last UK Budget threaten investment, with plans to end Employee Car Ownership Schemes potentially costing the industry and government £1.5 billion annually and putting 5,000 manufacturing jobs at risk [6].

Core Insights - Tesla's international operations are crucial for understanding its financial resilience and growth potential, especially in the context of a highly interconnected global economy [2][3] Financial Performance - Tesla's total revenue for the quarter ending September 2025 was $28.1 billion, reflecting an increase of 11.6% [4] - Revenue from China was $5.65 billion, accounting for 20.1% of total revenue, surpassing the consensus estimate of $5.46 billion by 3.47% [5] - Other International markets generated $7.84 billion, representing 27.9% of total revenue, exceeding the projected $7.52 billion by 4.38% [6] Revenue Projections - Analysts project Tesla's revenues for the ongoing fiscal quarter to be $25.24 billion, a decline of 1.8% from the previous year, with expected contributions from China at $5.46 billion (21.6%) and Other International at $7.5 billion (29.7%) [7] - For the full year, total annual revenue is expected to be $93.92 billion, down 3.9% from last year, with China contributing $19.53 billion (20.8%) and Other International $26.1 billion (27.8%) [8] Market Dynamics - Tesla's reliance on global markets presents both opportunities and challenges, making the analysis of international revenue trends essential for forecasting future performance [9] - The current geopolitical landscape and global interconnections are critical factors that analysts monitor to adjust earnings predictions for companies with overseas operations [10] Stock Performance - Tesla's stock has declined by 1.5% over the past month, contrasting with a 2.5% increase in the Zacks S&P 500 composite, while the Zacks Auto-Tires-Trucks sector saw a 0.4% increase [13] - Over the past three months, Tesla's shares gained 43.3%, significantly outperforming the S&P 500's 7.1% increase and the sector's 25.3% rise [13]

Core Insights - Tesla reported quarterly earnings of $0.5 per share, missing the Zacks Consensus Estimate of $0.53 per share, and down from $0.72 per share a year ago, representing an earnings surprise of -5.66% [1] - The company posted revenues of $28.1 billion for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 6.21%, and up from $25.18 billion year-over-year [2] - Tesla shares have increased by approximately 9.6% since the beginning of the year, while the S&P 500 has gained 14.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.45 on revenues of $25.31 billion, and for the current fiscal year, it is $1.63 on revenues of $93.12 billion [7] - The estimate revisions trend for Tesla was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] Industry Context - The Automotive - Domestic industry, to which Tesla belongs, is currently ranked in the bottom 24% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Rivian Automotive, another company in the same industry, is expected to report a quarterly loss of $0.72 per share, with revenues projected at $1.47 billion, reflecting a year-over-year increase of 67.7% [9][10]

Core Viewpoint - Tesla's stock experienced a significant decline of over 7%, losing billions in market value due to renewed tensions between CEO Elon Musk and former President Donald Trump, particularly regarding federal subsidies and a tax bill affecting electric vehicles [1][2][3]. Group 1: Stock Performance - Tesla's stock fell by $22.78, or 7.17%, to $294.88 per share, down from a previous close of $317.66 [1]. - The stock's decline is part of a broader trend, as similar tensions in June previously wiped out over $150 billion from Tesla's valuation in a single day [7]. Group 2: Political Tensions - Trump criticized Musk on his Truth Social platform, threatening to eliminate federal subsidies for Tesla and SpaceX, claiming Musk benefits excessively from government support [2][3]. - Musk has publicly opposed a Trump-backed spending bill that could reduce electric vehicle tax credits, which he described as "utterly insane and destructive" [4][14]. Group 3: Market Impact and Analyst Insights - Analysts predict that the potential changes from the tax bill could cost Tesla approximately $1.2 billion in annual profit [4]. - Wedbush analyst Dan Ives noted that the ongoing political drama is becoming tiresome for shareholders, who prefer Musk to concentrate on Tesla's operations rather than engage in political disputes [11][12]. Group 4: Sales Performance - Tesla is expected to report a year-over-year decline of 11% in global vehicle deliveries, adding to the pressure on the stock [13]. - Additionally, Tesla's sales in Sweden and Denmark have decreased for six consecutive months as of June [14].

Core Insights - The Canton Fair, established in 1957, is a significant biannual event that showcases the internationalization of China's trade [2][3] - The current edition has attracted nearly 43,000 exhibitors and around 250,000 visitors, covering an area of 1.55 million square meters [3][4] Global Reach and Promotion - The fair has expanded its international reach through promotional events in various cities, including Vienna, Budapest, and Amsterdam, as well as in African countries like Nigeria, Ethiopia, and Kenya [5] - The Canton Fair has been instrumental in helping Chinese brands, such as BYD, Huawei, Haier, and Lenovo, gain global recognition and market penetration [6] Opportunities for Businesses - The fair provides a platform for both large and small businesses to network and expand beyond major Chinese cities [8] - It accommodates a diverse range of sectors, with the spring fair focusing on electronics and home appliances, while the autumn fair emphasizes textiles and consumer goods [9] Changing Business Mindset - The participation of big companies aims to enhance international exposure and experience, reflecting a shift in the business mindset of Chinese exhibitors towards more proactive engagement in international trade [11][12] - The rise of Chinese fashion brands and designers illustrates the evolving outlook of Chinese enterprises in the global market [13] Cultural Appeal - The fair is complemented by the cultural attractions of Guangzhou, enhancing the overall experience for visitors [14] Future Prospects - The latest edition of the Canton Fair is expected to be larger and more impactful, aligning with the growing importance of international trading opportunities [15][16]