Gene MunsterTesla Advertising Advantage Is DurableAutomotive is one of the most aggressive industries when it comes to advertising. Tesla is unique among automakers in that it spends virtually nothing on advertising yet has outpaced the broader auto industry growth rate by 50% in both 2020 and 2019.…Read more Tesla
Gene MunsterTesla Autopilot Safety Probe Highlights a Painful TruthTesla’s Autopilot is subject to a formal safety probe from the National Highway Transportation Safety Administration due to 11 accidents that have occurred between Teslas with Autopilot engaged and emergency safety vehicles parked on the side of the road. The…Read more Tesla
Gene MunsterTesla ‘AI Day’ to Give Glimpse into Autonomy, Other ApplicationsTesla will host its AI Day on August 19. We view the event more like the second edition of Autonomy Day, given autonomy is the principal application of AI within Tesla. A key question for investors will be what the…Read more Tesla
Steve Van SlounIdentity vs. Utility: A Framework For In-Game MonetizationLately, I’ve been thinking of a framework to use to better understand the different in-game monetization strategies and how they may ultimately apply to the Metaverse. Today, whether games are free-to-play or require a full game purchase, there are two…Read more Gaming
Gene Munster, Andrew MurphyApple’s Digital Leverage ContinuesWe’ve watched Apple report more than 70 quarters, and it hasn’t gotten old yet. The quarterly tradition is an opportunity for investors to check in on Apple’s progress toward maximizing what we call digital leverage: the simultaneous increase in value…Read more Apple
Gene MunsterApple June Quarter PreviewApple will report June quarter results on Tuesday, July 27th. We expect fractional upside to June consensus revenue growth estimates of 23% y/y and EPS of $1.01. The numbers will continue to have noise given that comps are the most…Read more Apple
Gene MunsterFSD Will Have Powerful Impact on Tesla ProfitsWhile the timing of Tesla reaching full autonomy is still an unknown, with Elon Musk less vocal on the topic over the past six months, the company is moving forward with the initiative. Tesla made it official, launching the subscription…Read more Tesla
DeepwaterMid-Year Update on Our 2021 PredictionsWe publish our annual predictions around New Year’s and, per tradition, do a mid-year check-in in July. Here’s how our predictions for 2021 are tracking. 1. Apple will be the top-performing FAANG stock in 2021. Mid-year update: AAPL is meaningfully…Read more Technology
Gene MunsterTesla Delivery Growth Acceleration ContinuesTesla’s June deliveries are further evidence of a true growth story. Excluding the impact of the easy comps, the company appears to be in the slope of its growth S-curve. We believe the reason this is happening is a combination…Read more Tesla
Gene MunsterApple’s Key to Its Health Ambitions: Class II Watch FeaturesThe Wall Street Journal reported that Apple has an internal project codenamed “Casper,” which has explored the possibility of creating an Apple primary care network. A primary care network is a group of doctors and clinics that focus on delivering basic medical…Read more Apple, Augmented Reality
