Companies

Amazon reported strong Q1 results with revenue in-line with consensus of $59.7B and EPS of $7.09, well ahead of consensus at $4.72. Don’t let the Q1 earnings beat mislead you — Amazon is investing in long-term growth. Exhibit A: Amazon’s…

Tesla reported first-quarter 2019 results. Here are the incremental changes: The company gave strong indications that they will raise money in the coming months. We believe raising money (debt or equity) would effectively de-risk the story, given the company’s current…

Facebook shares are up ~8% after earnings with impressive revenue ($15B) and daily active user (1.56B) results. Revenue growth of 26% y/y is Facebook’s lowest since its 2012 IPO but still impressive for a company of Facebook’s size. DAUs and…

We left Tesla’s Autonomy Investor Day feeling more optimistic about the company’s long-term prospects. Our takeaways from the event: We are more comfortable with Tesla’s camera-based (non-LiDAR) approach to autonomy. If correct, this approach could actually be preferred (safer, more…

As we consider the future of transportation and the role that ridesharing will play, we want to better understand how consumers of these services use and think about them. To that end, we recently surveyed 450 US consumers about their…

Virtual reality’s mainstream adoption and tremendous impact on humanity is coming. How long it will take and who the winners and losers will be widely disputed, but it’s hard to deny the potential of a tool that has the power…

This piece marks the first in a quarterly series to track the progress of frontier tech, as measured by the Loup Frontier Tech Index. The index tracks the performance of publicly-traded companies that influence the future of technology including AI,…

Tesla recently published “An Update to Our Vehicle Lineup” on the company blog, making several tweaks to the Model 3 product line. Tesla is embracing the characteristics of blitzscaling — a net positive for the company. Autopilot will now come…

Bloomberg recently reported that Amazon is planning an Alexa-based rival to Apple’s AirPods in an attempt to get Alexa out of the home and into the world. Thus far, Amazon’s device efforts have been muted because they don’t own an…

Apple’s brand promise is a secret weapon. The company’s brand has long stood for ease of use, quality, attention to detail, and simplicity. Their brand promise, in turn, has always been that “it just works.” Increasingly, Apple’s message focuses on…

Tesla announced first quarter 2019 production and delivery numbers on Wednesday evening. Here are our key takeaways: As expected, logistics difficulties in China and Europe caused a miss on deliveries. Tesla delivered 63k total vehicles vs Street expectations of 75k.…

We’re expecting bad news from next week’s release of Tesla’s Mar-19 production and delivery numbers. Challenging logistics will likely impact vehicles in transit to Europe and China, along with a potential step down in US demand as the EV tax…