Consumer Discretionary

Tesla’s used car price bubble burst, down 17% from July peak

Tesla (NASDAQ:TSLA) used car prices have fallen faster than other automakers. According to Edmunds, the average sale price of a Tesla used car in November was about $55,800, down 17% from the peak of $67,300 in July. The average price of the used car market as a whole fell by 4% during this period. The average inventory time of used Teslas in dealers in November was 50 days, while the average inventory time of used cars of all brands was 38 days.

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Tesla Wireless Charging Mat opens pre-sale: Apple has developed a similar product

Tesla has launched a $300 “wireless charging platform” that can charge up to 3 devices at the same time. According to Tesla’s official website, this charging pad has started pre-sale and will be shipped in February 2023. In addition, in 2019, Apple once canceled a similar product called AirPower because that product failed to meet Apple’s standards.

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Tesla (NASDAQ:TSLA) Stock Price Trend Forecast and Market Analysis-2022.12.27

Tesla, Inc. (Nasdaq: TSLA)  stock Price Trend Forecast and Market Analysis: 2022.12.27 From the stock chart analysis, The previous I predicted that the stock price will break through the lower $166 again after the short-term rebound, approaching the $120-$140 line, today’s stock price hit a new low, there is no support below, it is recommended to focus on the buying power of $100. There has been too much negative news recently, and the medium and long term is under pressure. Although the stock price has fallen sharply recently, the opportunity to make a profit from the bottom is small, it is not recommended to hold, only recommend trading on the right, and I myself liquidated at $122.4. The medium to long term buying price is recommended to be $60-$80. From a fundamental point of view, Q3 2022 achieved operating income of US$21.454 billion, YoY +55.95%, net profit attributable to common

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Amazon has piloted Prime Air drone deliveries in parts of the United States

Amazon began using Prime Air drone deliveries in Rockford, California, and College Station, Texas, on Friday. Amazon hopes to use the feedback from the service to improve operations and eventually roll out the service nationwide. To fly delivery drones in the United States, companies must be approved by the FAA, and the retail giant is one of only a few companies in the U.S. to be partially certified 135 times.

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Needham: Downgrade Netflix (NASDAQ:NFLX)  FY2023 Expectations Maintain Hold rating

Needham: Downgrade Netflix (NASDAQ:NFLX) FY2023 Expectations Maintain Hold rating

2022.12.22 Needham analyst Laura Martin maintains support for Netflix (NASDAQ:NFLX) lowered its FY23 EPS forecast to $9.31 from $11.57 and lowered its revenue forecast to $33.4 billion from $35.8 billion. Analysts said in a research note that the company’s peak users may have passed, as churn rates are rising across all OTT providers. Martin added that 57 percent of ad subscription subscriptions in the fourth quarter came from Netflix’s high-priced ads, and the company’s business is under pressure to decline in average revenue per user. Analysts further noted that the FTC’s lawsuit against Microsoft’s acquisition of Activision Blizzard undermined Netflix’s shareholder value because it reduced the likelihood that Netflix would be a target for its acquisition. Netflix, Inc. (NASDAQ:NFLX) stock trading strategy: 2022.12.23 From the stock technical chart analysis, the recent stock price from the rebound high fall, intraday forced into the 60-day moving average, the possibility of short-term phased

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Tesla’s Texas Gigafactory brings in KUKA robots in preparation for Cybertruck production

According to Electrek, 66 KUKA robots have arrived in Houston. Relevant people said that Tesla (TSLA. O) All vehicle production lines have KUKA robots, and it is expected that the new batch will be used in the Cybertruck production line, which also means that Tesla may have begun to build the Cybertruck production line.

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Amazon intends to sell the vacant space on the cargo plane

According to Bloomberg, Amazon is considering selling idle cargo space on cargo planes in response to slowing growth in e-commerce sales. It is reported that Amazon has about 100 freighters in Europe and the United States, and the company has hired a director with experience in marketing air cargo space in recent months. Possible options include loading cargo such as pineapples and salmon on cargo planes returning from Hawaii and Alaska, the sources said.

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Tesla Tao Lin: China has completed the full coverage of Tesla’s charging network

Tesla Vice President Tao Lin pointed out that at present, all provinces, autonomous regions and municipalities directly under the central government in China have completed the full coverage of Tesla’s charging network, and have established a widely radiated and criss-crossing charging network in about 300 prefecture-level cities, and built a “15-minute charging life circle” in Beijing, Shanghai, Shenzhen and other highlands with new energy vehicle ownership.

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The market cap lost about 70% from its high point, Tesla’s stock price was set to record its worst annual performance

Tesla shares are poised for their worst annual performance ever due to investor anger over Musk’s acquisition of Twitter, falling demand for Tesla’s electric vehicle, and a decline in the stock market as a whole amid rising interest rates. Tesla’s share price slide marks a sharp reversal in the share price of the world’s most valuable car company. Since the stock price hit an all-time high in November 2021, Tesla’s market cap has lost about 70%. Uncertainty in the global economy is deepening, consumers are increasingly available with other electric vehicle options, and investors are concerned that Tesla may need to sacrifice its profitability levels to maintain its growth rate. Tesla’s stock has fallen more than the broader market this year and outpaced many of its rivals.

The market cap lost about 70% from its high point, Tesla’s stock price was set to record its worst annual performance Read Post »

Not afraid of the “doomsday” atmosphere? Amazon: Even if the U.S. recession is in the U.S., the company won’t be too painful

In a monthly survey, 70% of economists believe that there will be a recession in the United States in the first half of 2023. But Amazon doesn’t expect a recession. The firm’s economists put the probability of a U.S. recession in the next six months at just 30 percent. In addition, Amazon’s economists believe that if a recession does occur, the company will not suffer much, because 60% of the company’s revenue comes from high-income consumer groups, which are less affected by high unemployment and other consequences of the recession.

Not afraid of the “doomsday” atmosphere? Amazon: Even if the U.S. recession is in the U.S., the company won’t be too painful Read Post »

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