Saskatoon, SK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8) (“Draganfly” or the “Company”), an industry-leading developer of drone solutions and systems, today provided insight into its unique positioning to support Canada’s newly announced $2 billion military aid package to Ukraine, which includes over $220 million dedicated to drone, counter-drone, and electronic warfare capabilities. As the world’s oldest dual-use drone manufacturer with 27 years of design, engin ...

Financial Results for Q2 2025 July 30, 2025 Safe Harbor Sales of $652M | Non-GAAP Gross Margin(1) of 57.3% | Non-GAAP EPS(1) of $0.57 | EPS Above Mid Guidance This presentation contains forward-looking statements including statements regarding Teradyne's future business prospects, financial performance or position and results of operations. You can identify forward-looking statements by their use of forward-looking words such as "anticipate," "expect," "plan," "could," "may," "will," "believe," "estimate," ...

Core Viewpoint - Elon Musk's political ambitions, including the formation of a new political party, are raising concerns about his focus on Tesla, prompting calls for the board to intervene to maintain company priorities [1][4][7]. Group 1: Political Activism and Its Impact - Musk criticized the One Big Beautiful Bill Act, labeling it a "monstrosity," which has led to a decline in Tesla's stock price [2][3]. - The announcement of Musk's intention to fund primary challenges against certain GOP members could create friction with President Trump and Republican lawmakers, which is seen as detrimental to Tesla's interests [8][10]. Group 2: Analyst Recommendations - Dan Ives from Wedbush Securities views Musk's political activities as a "tipping point" and urges the Tesla board to establish guidelines to keep Musk focused on the company [4][7]. - Ives suggests implementing a new incentive-driven pay package that would increase Musk's voting power to about 25%, ensuring alignment with Tesla's goals [10][14]. - A special oversight committee is recommended to monitor Musk's political activities and their potential interference with his CEO responsibilities [15][16].

Group 1 - Tesla's board of directors is urged to establish "ground rules" for CEO Elon Musk following his announcement of a new political party, the "America Party" [1][2] - Investor concerns are rising as Musk's focus appears to shift from Tesla to political activities, coinciding with a slowdown in EV sales and the company's future reliance on autonomous vehicles and robotics [2] - Analyst Dan Ives suggests increasing Musk's voting power by up to 25% in his new pay package and implementing oversight on his political endeavors to ensure he remains committed to Tesla [2][3] Group 2 - Despite Musk's dismissive response to Ives, the analyst maintains that the board should take action to address Musk's divided attention between Tesla and political activities [3][8] - Ives has previously noted that Tesla is experiencing a crisis, with stock prices down 53% from their all-time high, yet he remains optimistic about the company's growth potential [3][8] - The board's commitment to Musk's leadership has been questioned, with reports suggesting a search for a potential replacement CEO, although this was denied by Tesla's chair [7]

Core Viewpoint - Tesla's future success is uncertain due to political pressures and weaknesses in the electric vehicle (EV) industry, despite its past performance creating significant wealth for investors [1][2]. Company Performance - Tesla's first-quarter earnings revealed a 9% year-over-year revenue decline to $21.3 billion, primarily driven by a 20% drop in the automotive segment, which constitutes 82% of total sales [5]. - The most significant decline occurred in Europe, where sales plummeted by 37.2%, while U.S. operations experienced a more modest 9% decrease [5][6]. Competitive Landscape - The automotive industry is highly mature, leading to low margins and intense competition, with Tesla's competitive edge eroding over time due to rising competition from low-cost Chinese EV manufacturers like BYD and established automakers such as Ford and General Motors [3][4]. - Political involvement by CEO Elon Musk, particularly his support for Donald Trump, may alienate potential buyers and complicate Tesla's market position [4][8]. Future Opportunities - Tesla's valuation, with a price-to-earnings (P/E) ratio of 186, reflects expectations for significant growth in self-driving and robotics, despite current declining sales and profitability [10]. - Analysts project that autonomous driving could generate $300 billion to $400 billion in revenue by 2035, positioning Tesla as a potential leader in this market with plans to launch automated taxis [11][12]. Risks and Challenges - The potential loss of government support, such as the $7,500 tax credit for EV purchases, could negatively impact Tesla's U.S. business amid international weaknesses and rising costs from tariffs [9][13]. - The current political climate and Musk's controversial positions may introduce additional uncertainty, making the downside risks appear to outweigh the potential upside at this time [13].

Core Points - Draganfly Inc. has successfully closed a public offering of 5,500,000 units, generating gross proceeds of approximately US$13.75 million at a price of US$2.50 per unit [1][2] - Each unit consists of one common share and one warrant, with the warrants having an exercise price of CA$5.0768 (or US$3.71) and expiring five years after issuance [1][2] - The net proceeds from the offering will be used for general corporate purposes, including funding new product capabilities, growth initiatives, working capital, and research and development [2] Offering Details - The offering was conducted under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) and a Canadian short form base shelf prospectus [3] - The securities were offered and sold exclusively in the United States, with no sales made to Canadian purchasers [3] - A final prospectus supplement and accompanying base shelf prospectus have been filed with relevant securities commissions and are available for public access [4] Company Overview - Draganfly Inc. is a pioneer in drone solutions, AI-driven software, and robotics, with over 25 years of innovation in the drone technology sector [6] - The company provides solutions for various sectors, including public safety, agriculture, industrial inspections, security, mapping, and surveying [6]

Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive has bureaus and studios in key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2][3] Group 2 - The company is committed to using technology to enhance workflows and has a team with decades of expertise [4] - Proactive occasionally employs automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Tesla Inc TSLA bull and analyst Dan Ives has raised the price target on the electric vehicle stock once again ahead of an upcoming robotaxi launch.The Tesla Analyst: Wedbush analyst Ives maintained an Outperform rating on Tesla and raised the price target from $350 to $500.Read Also: Tesla Q1 Misses Estimates As Tariff Pressures Weigh On Outlook, Lower-Cost EVs Still On TrackThe Analyst Takeaways: Tesla is set to benefit from a new era of autonomous vehicles, Ives said in the new investor note."We believe t ...

Core Viewpoint - Tesla's stock is experiencing a nearly 5% increase ahead of its first-quarter earnings report, with a focus on CEO Elon Musk's comments during the conference call [1][5]. Delivery and Earnings Expectations - Tesla reported approximately 337,000 vehicle deliveries for the quarter, marking one of the lowest performances in over two years, leading to a lack of investor concern regarding the numbers [2][3]. - Wall Street analysts project earnings of $0.39 per share on revenue of $21.11 billion for the quarter [2]. Focus on Future Initiatives - Investors and analysts are particularly interested in guidance on Tesla's future initiatives, including the cybertruck, more affordable vehicles, full self-driving technology, and robotics [3]. - Musk's involvement in the Department of Government Efficiency (DOGE) has drawn scrutiny, with some analysts suggesting it negatively impacts Tesla's brand and performance [3][4]. Public Perception and Controversy - A recent poll indicated that approximately 47% of Americans hold a negative view of Tesla, which may be influenced by Musk's controversies [4]. Investment Sentiment - The current sentiment suggests caution among investors, with recommendations against trying to time trades around the earnings report due to expected poor performance and uncertainty regarding Musk's comments [5]. - There is a prevailing avoidance of Tesla stock due to weaknesses in the core EV business, uncertainty about future initiatives, and a high valuation of 94 times forward earnings [6].

Core Viewpoint - Tesla's stock has experienced significant volatility, with a notable drop of up to 10.5% before stabilizing, as analyst Dan Ives reduced his price target by 43% while maintaining a buy rating [1][2]. Group 1: Price Target Adjustment - Dan Ives lowered his price target for Tesla from $550 to $315, indicating a potential upside despite the stock being down approximately 42% this year [2]. - The reduction in price target reflects concerns over Tesla's performance and market position, particularly in light of recent events [3]. Group 2: Brand and Political Challenges - Ives attributed the lowered price target to a "Musk-created brand crisis" and the impact of Trump tariffs, which he described as a "perfect storm" for Tesla [3]. - Tesla has become a political symbol, which Ives believes negatively affects its future, estimating a loss of at least 10% of its future customer base due to self-created brand issues [4]. Group 3: Market Position and Valuation - Tesla's core electric vehicle business is struggling, and its valuation is heavily reliant on upcoming full self-driving and robotics divisions [5]. - Despite the recent sell-off, Tesla's stock trades at nearly 90 times forward earnings, raising concerns about its expense in the current market environment [5].