Latest news with #TeslaTSLA
Yahoo
30-05-2025
- Automotive
- Yahoo
ETFs to Ride on Tesla's Renewed Growth Story
Despite weak quarterly earnings, Tesla TSLA has been riding higher on optimism over the launch of robotaxis and Musk's promise to refocus on his business (read: Should You Buy Tesla ETFs Post Q1 Earnings Miss?). Investors can capitalize on the potential growth with ETFs having a substantial allocation to this luxury carmaker. These include Simplify Volt TSLA Revolution ETF TESL, The Nightview Fund NITE, Consumer Discretionary Select Sector SPDR Fund XLY, Vanguard Consumer Discretionary ETF VCR and Fidelity MSCI Consumer Discretionary Index ETF FDIS. According to a Bloomberg report, Tesla plans to launch its long-awaited robotaxi service in Austin, TX, on June 12. The news marks a key milestone in CEO Elon Musk's strategy to transition Tesla toward autonomous driving and artificial intelligence. The launch date is still tentative and subject to internal review but it aligns with Musk's earlier statements that the service would debut by the end of has successfully completed a driverless test drive of a Model Y SUV on public roads in Austin, marking a significant milestone as the company prepares to launch its robotaxi service. Elon Musk announced his departure from his advisory role in the Trump administration's Department of Government Efficiency (DOGE). This move signals Musk's renewed focus on Tesla amid recent challenges. Investors are optimistic that his full attention will drive innovation and address the company's recent hurdles, including declining sales and production issues. Beyond electric vehicles, Tesla is investing heavily in AI and humanoid robotics—areas Elon Musk believes could redefine the company's future value. While these initiatives are promising, they remain highly speculative, and many investors are holding out for more concrete progress before fully committing. Tesla reported dismal first-quarter 2025 results, missing estimates for earnings and revenues. Adjusted earnings per share came in at 27 cents, missing the Zacks Consensus Estimate of 44 cents and deteriorating 71% from the year-ago earnings. This marked the sixth earnings miss in the last seven quarters. Revenues dropped 9% year over year to $19.3 billion and fell short of the Zacks Consensus Estimate of $20.98 billion. The big miss was attributable to the automaker's brand crisis amid waves of protests, boycotts and criminal acts in response to CEO Elon Musk's political antics and work in the Trump administration. Simplify Volt TSLA Revolution ETF (TESL) Simplify Volt TSLA Revolution ETF uses an active management strategy to capture the potential of Tesla's stock price movements while implementing an advanced options overlay to manage downside risks. It has an expense ratio of 1.20% and AUM of $31.9 million. TESL trades in volume of 34,000 shares per day on average (read: Best-Performing ETFs of Last Week). The Nightview Fund (NITE)The Nightview Fund is an actively managed fund seeking long-term capital appreciation with the goal of outperforming the S&P 500 Total Return Index over a rolling 5-year period. It holds 19 stocks in its basket, with Tesla occupying the top position at 22.2% of its assets. The Nightview Fund charges 1.25% in annual fees and trades in an average daily volume of 2,000 shares. It has accumulated $25 million in its asset Discretionary Select Sector SPDR Fund (XLY)Consumer Discretionary Select Sector SPDR Fund offers exposure to the broad consumer discretionary space by tracking the Consumer Discretionary Select Sector Index. Holding 51 securities in its basket, Tesla takes the second spot with 18.7% of the assets. Consumer Discretionary Select Sector SPDR Fund is the largest and most popular product in this space, with AUM of $21.7 billion and charges 8 bps in annual fees. It trades in an average daily volume of 3.5 million shares and has a Zacks ETF Rank #3 (Hold) with a Medium risk outlook (read: Consumer Confidence Surges in May: ETFs to Gain).Vanguard Consumer Discretionary ETF (VCR)Vanguard Consumer Discretionary ETF currently follows the MSCI US Investable Market Consumer Discretionary 25/50 Index and holds 292 stocks in its basket. Of these, Tesla occupies the second position with a 14.3% allocation. Vanguard Consumer Discretionary ETF charges investors 9 bps in annual fees, whereas volume is good at nearly 60,000 shares a day. The product has managed about $6 billion in its asset base and carries a Zacks ETF Rank #3 with a Medium risk MSCI Consumer Discretionary Index ETF (FDIS)Fidelity MSCI Consumer Discretionary Index ETF tracks the MSCI USA IMI Consumer Discretionary Index, holding 262 stocks in its basket. Of these, TSLA takes the second spot with a 14.7% share. Fidelity MSCI Consumer Discretionary Index ETF has amassed $1.8 billion in its asset base while trading in a good volume of around 165,000 shares a day on average. Fidelity MSCI Consumer Discretionary Index ETF charges 8 bps in annual fees from investors and has a Zacks ETF Rank #4 (Sell) with a Medium risk outlook. Tesla's robotaxi initiative is progressing more quickly than anticipated, with near-term testing and self-delivery milestones acting as catalysts. Combined with Musk's re-dedicated leadership and a long-term vision rooted in autonomy and AI, Tesla appears poised to solidify its position at the forefront of the next automotive revolution. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report Consumer Discretionary Select Sector SPDR ETF (XLY): ETF Research Reports Vanguard Consumer Discretionary ETF (VCR): ETF Research Reports Fidelity MSCI Consumer Discretionary Index ETF (FDIS): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
22-05-2025
- Automotive
- Wall Street Journal
China's BYD Outsells Tesla in Europe for First Time
Chinese auto giant BYD sold more electric vehicles in Europe than Tesla TSLA 1.98%increase; green up pointing triangle for the first time, a setback for Elon Musk's EV maker as it faces growing competition overseas. Tesla registered 7,165 battery-electric vehicles in Europe last month, down 49% on year according to data from Jato Dynamics, a consumer research group. In contrast, registrations for BYD more than doubled to 7,231 vehicles.
Yahoo
27-04-2025
- Automotive
- Yahoo
TSLA vs. BYDDY: Which of These EV Giants is Better Positioned Now?
Tesla TSLA has long been the poster child of the electric vehicle (EV) revolution. Since its IPO in 2010, this U.S.-based company has grown into a global icon, known for its sleek designs, bold innovation and a loyal fan following. But the landscape is shifting fast. With the future of transportation being electric, many automakers are quickly catching up to challenge Tesla's dominance. And leading this competition is China's BYD Co. Ltd. BYDDY, which started in 1995 as a battery maker and has rapidly transformed into a formidable EV juggernaut. With deep roots in battery technology and a growing global footprint, BYD has emerged as Tesla's most serious challenger yet. In the fourth quarter of 2023, BYD briefly took the EV sales crown from Tesla before ending the full year just behind. The same pattern repeated in 2024. In the first quarter of 2025, BYD delivered over 416,000 battery electric vehicles (BEVs), outpacing Tesla's 336,000 and securing the top spot for a second straight quarter. Meanwhile, Tesla's deliveries declined both year over year and quarter over quarter. As the EV race heats up, both companies are pushing boundaries. However, with BYD's aggressive growth and Tesla's recent slowdown, the gap between the two is closing fast. So, in this high-stakes battle for EV supremacy, who should you place your bets on? Let's find out. Tesla is facing rising pressure in its core EV business. Sales are slipping across key markets like the United States, Europe and China, while the brand's once-unchallenged appeal is starting to fade. CEO Elon Musk's growing involvement in the Department of Government Efficiency has raised concerns about his ability to stay focused on Tesla, especially as the company wrestles with slowing demand and intense competition. Although Musk still anticipates some growth in vehicle sales this year, he has dialed back his earlier 20–30% growth forecast. Adding to the concern, Tesla's automotive margins are shrinking as the company continues to roll out discounts and incentives to drive sales. Moreover, talks of its much-awaited affordable model getting delayed are adding fuel to the fire. On the bright side, Tesla's Energy Generation and Storage segment is gaining traction. Products like the Megapack and Powerwall have been well-received, helping energy storage deployments jump 113% year over year in 2024. Musk expects at least 50% more growth in 2025. Tesla's charging infrastructure business is also performing well. Recently, TSLA claimed that its in-house 4680 battery production is now more cost-effective than external sourcing. That's a major milestone for the automaker. Looking ahead, Tesla's big bet is on its autonomous driving ambition. The company plans to roll out unsupervised FSD in Austin this June. Last month, it secured the first of several approvals required to eventually launch its long-awaited robotaxi service in California. Progress in FSD approvals and robotaxi development is critical with no further delays. Financially, Tesla remains on solid ground, with high liquidity and low debt. Its long-term debt-to-capitalization is just around 7%, and it has a strong interest coverage ratio of 27.7. BYD has become a dominant force in China's electric vehicle landscape, commanding about one-third of the country's new energy vehicle (NEV) market. It holds the largest EV market share in China, thanks to its highly efficient, vertically integrated business model. From batteries and semiconductors to complete vehicle assembly, BYD controls nearly every part of its supply chain. This tight integration helps keep costs low and operations efficient — an essential advantage in today's price-sensitive EV market. The company produces lithium-iron phosphate batteries under its Blade Battery brand. It recently introduced the "Super e-Platform," which promises major gains in range and charging speed. BYD claims its latest batteries can deliver up to 400 kilometers (roughly 249 miles) of range with just five minutes of charging, potentially a game-changer in EV vehicle lineup caters to a wide spectrum of consumers, from affordable options like the Seagull to luxury models under the Yangwang brand. Popular hybrids and EVs such as the Song and Qin series continue to drive strong domestic sales. On the tech front, BYD is making strides with its new 'God's Eye' autonomous driving system, which offers advanced safety features at a competitive price. Internationally, BYD is expanding rapidly, setting up factories in Brazil, Thailand, Hungary, and Turkey while growing its retail presence in markets like Germany and Australia. It aims to double overseas sales to over 800,000 units in 2025. However, rising regulatory risks—especially in Europe, where the EU is investigating Chinese EV subsidies—pose potential hurdles. BYD's net profit jumped 34% in 2024 to RMB 40.25 billion, while revenues rose 29% to a record RMB 777.1 billion ($107 billion). The Zacks Consensus Estimate for both Tesla and BYD's 2025 earnings suggests year-over-year improvement. However, the consensus mark for TSLA has declined over the past 30 days, whereas the same for BYD has risen. Image Source: Zacks Investment Research Image Source: Zacks Investment Research Tesla is trading at a forward sales multiple of 7.08X, above its median of 6.62X over the last two years. Tesla has a Value Score of F. Meanwhile, BYD has a Value Score of B, with its forward sales multiple at 0.95X. Image Source: Zacks Investment Research Given the current landscape, BYD appears better positioned than Tesla. BYD's strong domestic leadership, expanding international presence, cost advantages through vertical integration, charging efficiency and autonomous technology make it a better choice. Plus, BYD's more attractive valuation and positive earnings revisions offer additional upside potential. Meanwhile, Tesla is grappling with slowing sales, shrinking margins and leadership distractions. Tesla's non-automotive segments are doing well but they make up a relatively small portion of the company's total revenues. Tesla's high valuation and southbound estimate revisions further dim confidence. While BYD currently carries a Zacks Rank #3 (Hold), Tesla carries a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tesla, Inc. (TSLA) : Free Stock Analysis Report Byd Co., Ltd. (BYDDY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
25-04-2025
- Automotive
- Yahoo
GM Q1 Earnings Preview: Should You Buy the Stock Before the Results?
General Motors GM is slated to release first-quarter 2025 results on April 29, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.66 per share and $42.37 billion, respectively. The consensus estimate for the to-be-reported quarter's earnings has moved north by 2 cents over the past seven days. The bottom-line projection indicates a modest year-over-year uptick of 1.5%. The Zacks Consensus Estimate for quarterly revenues, however, suggests a year-over-year decrease of 1.5%. For 2025, the Zacks Consensus Estimate for GM's revenues is pegged at $179.3 billion, implying a contraction of 4.3% year over year. The consensus mark for 2025 EPS is pegged at $11.21, implying growth of around 6% on a year-over-year basis. Image Source: Zacks Investment Research In the trailing four quarters, this U.S. legacy automaker surpassed earnings estimates on all occasions, with the average earnings surprise being 15.81%. General Motors Company price-eps-surprise | General Motors Company Quote Our proven model predicts an earnings beat for General Motors this time around as well. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. GM has an Earnings ESP of +7.40% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. (See the Zacks Earnings Calendar to stay ahead of market-making news.) General Motors sold 693,363 units in the first quarter of 2025, up 17% year over year. It posted double-digit gains across its key brands— Chevrolet (up 13.7%), GMC (up 17.6%), Cadillac (17.8%) and Buick (39.3%). The company dominated the U.S. auto industry for the quarter, leading in total, retail and fleet sales. Meanwhile, GM's closest peer Ford F saw its sales drop 1.3% in the quarter ending March. GM's retail sales surged 15%, marking its best first-quarter since 2018. Electric vehicle (EV) sales were up 94% to 31,887 units, with General Motors being the #2 seller of EVs in the country, trailing only Tesla TSLA. In the quarter to be reported, General Motors delivered 442,000 vehicles in China, nearly flat year over year but down 26.3% sequentially. However, its new energy vehicle sales jumped 53.2% year over year. The Buick GL8 led the premium multi-purpose vehicle segment with 24,000 units sold, while the Wuling Hong Guang MINIEV retained its popularity. LaCrosse and Envision Plus models saw strong gains. Additionally, Chevrolet Tahoe deliveries began under GM's Durant Guild platform in March. Our estimate for wholesale vehicle sales volumes of the GMNA (General Motors North America) segment is 807,000 units, suggesting year-over-year growth of 1.9%. We project revenues from the GMNA segment to be $36.46 billion, implying an increase of 1%. Operating income from the unit is estimated at $3.9 billion, implying growth of 2%. On the flip side, we expect wholesale volumes from the GMI unit (excluding China JV) to be down roughly 2% in the quarter to be reported to 102,000 units. Our projections call for a contraction of 17% in revenues year over year. However, we expect operating income of $58.3 million against a loss of $10 million in the year-ago period. Year to date, shares of General Motors have declined 12%, outperforming the auto sector. It has also performed better than Tesla, whose shares have plunged 36% so far in 2025. Meanwhile, Ford has gained 1.6% in the same timeframe. Image Source: Zacks Investment Research From a valuation perspective, General Motors is trading relatively cheap. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.26, below the industry's 2.19. The company has a Value Score of A. Meanwhile, Tesla looks too pricey at a forward sales multiple of 7.6, whereas Ford's P/S of 0.24 is slightly lower than GM's. Image Source: Zacks Investment Research General Motors is the top-selling automaker in the United States. It is advancing well in its electrification journey. GM exited 2024 with several wins. Its EV portfolio became 'variable profit positive' in the last quarter of 2024, with 189,000 electric vehicles produced during the year and a goal to ramp up to 300,000 units in 2025. The company expects EV losses to shrink by $2 billion this year, reflecting growing operational efficiency and scale. Meanwhile, cost discipline has been another bright spot. GM met its $2 billion cost-cutting goal and is unlocking another $1 billion in annual savings after pulling back from robotaxi development. GM's China operations are starting to look more promising. Its restructuring efforts in the region are showing early signs of a turnaround, with the company aiming to return to profitability this year. Financially, GM remains sturdy. The automaker ended 2024 with $35.5 billion in automotive liquidity and returned $7.6 billion to shareholders via dividends and buybacks. A 25% dividend hike and a fresh $6 billion repurchase authorization (including a $2 billion ASR) fuel confidence. However, near-term headwinds remain. GM expects a slight dip in internal combustion engine vehicle volumes in North America and forecasts a 1-1.5% decline in vehicle pricing, which could weigh on margins. Also, macro uncertainties and tariff troubles could cloud the company's near-term prospects. GM looks like a solid long-term play. However, for new investors, it may be wise to stay on the sidelines until the company outlines how it plans to navigate ongoing tariff tensions and pricing pressure. So, instead of jumping to buy the stock ahead of results, it's better to exercise patience and wait for more clarity. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ford Motor Company (F) : Free Stock Analysis Report General Motors Company (GM) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
25-04-2025
- Automotive
- Globe and Mail
GM Q1 Earnings Preview: Should You Buy the Stock Before the Results?
General Motors GM is slated to release first-quarter 2025 results on April 29, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter's earnings and revenues is pegged at $2.66 per share and $42.37 billion, respectively. The consensus estimate for the to-be-reported quarter's earnings has moved north by 2 cents over the past seven days. The bottom-line projection indicates a modest year-over-year uptick of 1.5%. The Zacks Consensus Estimate for quarterly revenues, however, suggests a year-over-year decrease of 1.5%. For 2025, the Zacks Consensus Estimate for GM's revenues is pegged at $179.3 billion, implying a contraction of 4.3% year over year. The consensus mark for 2025 EPS is pegged at $11.21, implying growth of around 6% on a year-over-year basis. In the trailing four quarters, this U.S. legacy automaker surpassed earnings estimates on all occasions, with the average earnings surprise being 15.81%. General Motors Company Price and EPS Surprise General Motors Company price-eps-surprise | General Motors Company Quote Q1 Earnings Whispers for GM Stock Our proven model predicts an earnings beat for General Motors this time around as well. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. GM has an Earnings ESP of +7.40% and a Zacks Rank #3. You can see the complete list of today's Zacks #1 Rank stocks here. (See the Zacks Earnings Calendar to stay ahead of market-making news.) Factors Shaping General Motors' Q1 Results General Motors sold 693,363 units in the first quarter of 2025, up 17% year over year. It posted double-digit gains across its key brands— Chevrolet (up 13.7%), GMC (up 17.6%), Cadillac (17.8%) and Buick (39.3%). The company dominated the U.S. auto industry for the quarter, leading in total, retail and fleet sales. Meanwhile, GM's closest peer Ford F saw its sales drop 1.3% in the quarter ending March. GM's retail sales surged 15%, marking its best first-quarter since 2018. Electric vehicle (EV) sales were up 94% to 31,887 units, with General Motors being the #2 seller of EVs in the country, trailing only Tesla TSLA. In the quarter to be reported, General Motors delivered 442,000 vehicles in China, nearly flat year over year but down 26.3% sequentially. However, its new energy vehicle sales jumped 53.2% year over year. The Buick GL8 led the premium multi-purpose vehicle segment with 24,000 units sold, while the Wuling Hong Guang MINIEV retained its popularity. LaCrosse and Envision Plus models saw strong gains. Additionally, Chevrolet Tahoe deliveries began under GM's Durant Guild platform in March. Our estimate for wholesale vehicle sales volumes of the GMNA (General Motors North America) segment is 807,000 units, suggesting year-over-year growth of 1.9%. We project revenues from the GMNA segment to be $36.46 billion, implying an increase of 1%. Operating income from the unit is estimated at $3.9 billion, implying growth of 2%. On the flip side, we expect wholesale volumes from the GMI unit (excluding China JV) to be down roughly 2% in the quarter to be reported to 102,000 units. Our projections call for a contraction of 17% in revenues year over year. However, we expect operating income of $58.3 million against a loss of $10 million in the year-ago period. GM's Price Performance & Valuation Year to date, shares of General Motors have declined 12%, outperforming the auto sector. It has also performed better than Tesla, whose shares have plunged 36% so far in 2025. Meanwhile, Ford has gained 1.6% in the same timeframe. YTD Price Performance Comparison From a valuation perspective, General Motors is trading relatively cheap. Going by its price/sales ratio, the company is trading at a forward sales multiple of 0.26, below the industry's 2.19. The company has a Value Score of A. Meanwhile, Tesla looks too pricey at a forward sales multiple of 7.6, whereas Ford's P/S of 0.24 is slightly lower than GM's. GM's P/S Vs. F & TSLA How to Play General Motors Pre-Q1 Earnings General Motors is the top-selling automaker in the United States. It is advancing well in its electrification journey. GM exited 2024 with several wins. Its EV portfolio became 'variable profit positive' in the last quarter of 2024, with 189,000 electric vehicles produced during the year and a goal to ramp up to 300,000 units in 2025. The company expects EV losses to shrink by $2 billion this year, reflecting growing operational efficiency and scale. Meanwhile, cost discipline has been another bright spot. GM met its $2 billion cost-cutting goal and is unlocking another $1 billion in annual savings after pulling back from robotaxi development. GM's China operations are starting to look more promising. Its restructuring efforts in the region are showing early signs of a turnaround, with the company aiming to return to profitability this year. Financially, GM remains sturdy. The automaker ended 2024 with $35.5 billion in automotive liquidity and returned $7.6 billion to shareholders via dividends and buybacks. A 25% dividend hike and a fresh $6 billion repurchase authorization (including a $2 billion ASR) fuel confidence. However, near-term headwinds remain. GM expects a slight dip in internal combustion engine vehicle volumes in North America and forecasts a 1-1.5% decline in vehicle pricing, which could weigh on margins. Also, macro uncertainties and tariff troubles could cloud the company's near-term prospects. GM looks like a solid long-term play. However, for new investors, it may be wise to stay on the sidelines until the company outlines how it plans to navigate ongoing tariff tensions and pricing pressure. So, instead of jumping to buy the stock ahead of results, it's better to exercise patience and wait for more clarity. Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Ford Motor Company (F): Free Stock Analysis Report General Motors Company (GM): Free Stock Analysis Report Tesla, Inc. (TSLA): Free Stock Analysis Report
