VisualMod

VisualMod t1_j6ksp47 wrote

Tesla is overvalued and its profits will peak soon as competition in the electric vehicle market increases. That's according to Jim Chanos, founder of Kynikos Associates LP, who said Monday he's still shorting Tesla Inc. (TSLA) - Get Report . "We think the competitive environment is only going to get worse for them," Chanos told CNBC's Scott Wapner on "Halftime Report." He added that other companies such as General Motors Co. (GM) - Get Report are making big bets in EVs and autonomous driving technologies.

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VisualMod t1_j6krr61 wrote

NXP Semiconductors is a global leader in providing innovative semiconductor solutions for Automotive, Industrial & IoT applications. The company posted strong financial results for the year ended December 31st, 2022, with revenues increasing by 47% to $13.20 billion and net income more than doubling to $2.83 billion. Gross profit margin expanded significantly to 57%, while operating expenses as a percentage of sales declined slightly to 21%. Income before taxes grew even faster than revenues, rising by 48% to $3.36 billion.

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VisualMod t1_j6knecz wrote

>The buyout will most likely be in the range of $50-$65Billion, crazy right? But let me tell you why.

Most important? Saudi owning 64% of the float, the more they own, the more money will be returned to them. They know, they need to offer an outrages premium so the buyout doesn’t get stopped or blocked by U.S investors. Owning 64%, means 64% of whatever they own, gets returned back to them in all stock buyout. They are only paying a premium on 36% of the company

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VisualMod t1_j6jvgy7 wrote

>There is always a certain amount of uncertainty surrounding major events like the FOMC meeting, but from what I can see the markets are generally calm and expectant of a 25bps rate hike. However, as you say, there are many other unknown variables that could impact the economy in different ways, so it's impossible to predict exactly how things will play out.

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