Companies

Tesla has had a horrible four months, highlighted by shares being down about 65%. While several factors played into the stock’s free fall, I believe the biggest reasons were expectations for slowing demand and its negative impact on profits. The…

Over the last six years, we’ve made a habit of offering a few predictions for the year ahead. Here’s what we’re anticipating for 2023: We believe that FAANG will outperform the S&P in 2023. In 2022, the S&P 500 is…

I believe that the trend of globalization being replaced by onshoring is undeniable. But, it’s one thing to identify a trend and another to profit from it which gets to my central question for companies restructuring the battery supply chain:…

On November 6th, Apple announced that China’s Covid shutdowns were impacting demand for its iPhone 14 Pro/Pro Max. The announcement stopped short of providing further details on the magnitude of the impact. As the quarter progresses, we have been tracking…

Talk related to Project Titan (Apple’s car ambitions) had been quiet for the past four months, until Bloomberg published a story detailing that the autonomous vehicle will be delayed, again. The Bloomberg reporting—which we believe to be accurate—begs the question:…

After more than five years in development, Tesla has officially delivered its first Semi to PepsiCo—a milestone that will be a wake-up call to the trucking industry. The next five years are likely to be a windy road for traditional…

Tim Cook knows that the art of diplomacy is letting someone else have it your way. Recently, Elon Musk declared war on Apple over App Store fees and content moderation. In 2021, the company faced similar pressure in a case…

In the final segment of our Battery 101 series, we highlight the companies best positioned to benefit from the electrification of everything. While we have identified around 20 companies that are well capitalized and targeting the battery space, we see…

In November, we attended the Piper Sandler Battery Summit. The event hosted 20 panelists in the battery world, from raw materials providers to cell manufacturers and downstream customers. Money managers are beginning to identify battery tech as a growth wave…

The bottom line: While tech followers await in anticipation of the next battery tech breakthrough, it’s likely that the rate of improvement will prove to be incremental and continuous. We will still refer to the batteries in EVs as lithium-ion…

Testimony at Elon Musk’s 2018 compensation trial revealed that the Tesla board has identified a potential successor for the role of CEO. This shouldn’t come as a surprise because it’s good corporate governance. Avoiding the discussion of succession plans would…

Since February, a key question related to Apple has been: What would happen to the company if tensions between the US and China deteriorated? The simple answer, of course, is that it would be negative. The goal of this note…