Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

Tesla Shares Fall Nearly 4% to $381.59 as Investors Take Profits After Recent Rally

Published

on

Mining (iron ore)

NEW YORK — Tesla Inc. shares declined sharply on Wednesday, closing down 3.80% at $381.59 as investors engaged in profit-taking following a strong run and amid ongoing caution around electric vehicle demand and execution risks on ambitious growth initiatives.

The move erased some of the recent gains that had pushed the stock higher on optimism about autonomous driving progress and energy storage momentum. In after-hours trading, shares slipped further to $378.78. Volume was elevated as traders reacted to broader market rotation and company-specific developments.

Tesla has been one of the market’s most volatile and closely watched names, with its performance heavily influenced by CEO Elon Musk’s vision for full self-driving technology, robotaxi services and expansion into robotics. While the company maintains leadership in the EV space, increasing competition and margin pressures have kept investors attentive to quarterly execution.

Recent Performance Drivers

Advertisement

Tesla delivered solid first-quarter results earlier in 2026, with energy storage deployments showing particularly strong growth. The Megapack business has become an important diversification pillar, helping offset softness in vehicle deliveries amid a challenging global EV market.

However, automotive margins have faced headwinds from price adjustments and increased competition from both traditional automakers and new entrants in China. Production ramps on newer models, including refreshed versions of existing lineups, remain critical to sustaining growth.

The stock’s recent rally had been fueled by positive sentiment around regulatory approvals for autonomous features and progress on the Optimus humanoid robot project. Wednesday’s pullback reflects typical consolidation after gains, with traders locking in profits ahead of upcoming catalysts.

Broader EV Market Context

Advertisement

The global electric vehicle sector continues expanding, though growth rates have moderated from pandemic-era peaks. Supply chain normalization, incentive phase-outs in some regions and higher interest rates have impacted affordability for many consumers. Tesla’s ability to maintain pricing power while scaling production remains a key focus for analysts.

In the United States, EV adoption faces headwinds from infrastructure gaps and varying state incentives. Internationally, China’s domestic market remains intensely competitive, with local manufacturers challenging Tesla’s position. Europe’s regulatory push toward electrification provides long-term support but has also introduced near-term volatility around tariffs and supply chains.

Autonomy and Robotics Ambitions

Tesla’s long-term valuation hinges heavily on success in full self-driving technology and robotaxi deployment. The company has made incremental progress on regulatory approvals and software improvements, though timelines for widespread commercialization have repeatedly shifted.

Advertisement

Musk has consistently emphasized that autonomy represents the company’s largest opportunity. Investors remain divided on near-term monetization potential versus the substantial research and development costs required to achieve it. The Optimus project adds another layer of speculative upside, with potential applications in manufacturing and service industries.

Energy Business as Growth Driver

The energy generation and storage segment has emerged as a bright spot, with Megapack deployments accelerating. This business benefits from global demand for grid stabilization and renewable integration, offering higher margins than the automotive side in recent periods.

Analysts project continued expansion in energy storage as utilities and commercial customers seek solutions for intermittent renewable power. This diversification helps mitigate risks tied solely to vehicle sales cycles.

Advertisement

Financial Position and Capital Allocation

Tesla maintains a strong balance sheet with significant cash reserves, providing flexibility for capital expenditures on new factories, technology development and potential acquisitions. The company has not paid dividends, focusing instead on reinvestment and occasional share buybacks during periods of market weakness.

Free cash flow generation has improved with operational efficiencies, though heavy spending on growth initiatives keeps the balance dynamic. Management has emphasized long-term value creation over short-term metrics, a strategy that has rewarded patient investors but contributed to volatility.

Analyst Perspectives

Advertisement

Wall Street consensus remains mixed but generally constructive on Tesla’s long-term potential. Several firms maintain Buy ratings, citing leadership in EVs, energy storage and autonomy. However, some analysts have expressed caution around valuation multiples and execution risks on ambitious timelines.

Price targets vary widely, reflecting differing views on the probability and timing of robotaxi and robotics revenue streams. Near-term focus centers on delivery numbers, margin trends and updates from the next earnings call.

Market Sentiment and Technical Factors

Tesla shares have shown classic meme-stock characteristics at times, with retail investor enthusiasm driving sharp moves. Institutional ownership remains significant, with many funds viewing it as a core growth holding in technology and clean energy portfolios.

Advertisement

Technically, the stock encountered resistance after recent gains, with Wednesday’s decline testing support levels. Options activity indicated active hedging and speculative positioning around key price points.

Investment Considerations

For investors, Tesla represents a high-risk, high-reward opportunity tied to disruptive innovation. The company’s brand strength, manufacturing scale and technology pipeline provide competitive advantages, but success depends on flawless execution across multiple frontiers simultaneously.

Risks include regulatory hurdles for autonomy, competitive intensity in EVs, supply chain disruptions and macroeconomic impacts on consumer spending. Long-term believers focus on the transformative potential of Musk’s vision, while skeptics highlight historical challenges in meeting ambitious targets.

Advertisement

Looking Ahead

The coming months will bring important updates on production ramps, regulatory progress and energy deployment figures. Tesla’s annual shareholder meeting and next earnings report will likely serve as key catalysts for sentiment.

As the EV transition accelerates globally, Tesla’s ability to maintain leadership while expanding into new areas will determine its trajectory. Wednesday’s decline represents normal market fluctuation in a volatile name rather than a fundamental shift, with the stock retaining appeal for growth-oriented investors comfortable with elevated risk.

The session’s trading activity reflected broader technology sector dynamics and profit-taking after recent strength. Market participants will continue monitoring Tesla closely for signals on demand trends, margin performance and strategic execution in the second half of 2026.

Advertisement

Tesla remains one of the most influential companies in the transition to sustainable energy and autonomous transportation. Its performance continues to shape investor narratives around innovation, execution and long-term disruption potential in the automotive and technology sectors.

Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

Knicks Lead 3-1 as Spurs Host Game 5 with Wembanyama Seeking Series Revival

Published

on

Victor Wembanyama

SAN ANTONIO — The San Antonio Spurs will host a pivotal Game 5 of the 2026 NBA Finals on Saturday night facing elimination, with Victor Wembanyama and his teammates looking to extend the series against a surging New York Knicks team that holds a 3-1 lead.

The Knicks stunned the basketball world in Game 4 with a record 29-point comeback victory, taking a commanding advantage in the best-of-seven series. Now, the Spurs must win at home to avoid their season ending, relying on the towering presence of Wembanyama and home-court energy at Frost Bank Center.

Series Context and Knicks Momentum

New York seized control with an improbable rally in Game 4, overcoming a 29-point deficit to win 107-106 on OG Anunoby’s tip-in with 1.2 seconds remaining. Jalen Brunson led the way with 36 points, while Anunoby added 33. The victory moved the Knicks within one win of their first championship since 1973.

Advertisement

The Spurs led by as many as 27 points in that contest but collapsed in the second half. Wembanyama expressed determination afterward. “I think it’s going to go one of two ways: a bad one and a good one. The bad one would be giving up. The good one would be getting stronger through this, getting more together,” he said. “I know this is what we’re going to do.”

Despite the setback, San Antonio has shown resilience throughout the postseason, overcoming multiple elimination games en route to the Finals. Home crowds have been electric, and the Spurs will look to harness that energy Saturday.

Wembanyama’s Role and Spurs Outlook

The 22-year-old Wembanyama has been a dominant force in his first Finals appearance, showcasing his unique blend of size, skill and shot-blocking ability. He will be central to any Spurs comeback, tasked with anchoring the defense while creating scoring opportunities on the other end.

Advertisement

San Antonio’s supporting cast, including Keldon Johnson and De’Aaron Fox, has provided scoring bursts, but consistency has been an issue. Coach Gregg Popovich’s system emphasizes ball movement and defensive intensity, elements the Spurs will need to rediscover after Game 4’s late meltdown.

Playing at home gives the Spurs a significant boost. The franchise has a strong history of playoff comebacks, and fans will be eager to push the series back to New York for a potential Game 6.

Knicks’ Path to Victory

New York enters Game 5 riding high from its historic comeback. Brunson’s leadership and scoring, combined with Anunoby’s two-way impact and the supporting contributions from Mikal Bridges and others, have made the Knicks a formidable unit.

Advertisement

Coach Mike Brown has emphasized defensive focus and avoiding complacency. “I don’t know if there was a play bigger than any other play in the history of Knicks basketball,” he said of Anunoby’s game-winner.

The Knicks’ ability to withstand early deficits and finish strong will be tested again on the road. Maintaining composure against a desperate Spurs team and limiting Wembanyama’s impact will be key priorities.

Key Matchups and Tactical Outlook

The battle between Wembanyama and New York’s frontcourt, particularly Mitchell Robinson and Precious Achiuwa, will be critical. Wembanyama’s length and versatility create matchup problems, but the Knicks have shown they can adjust defensively.

Advertisement

On the perimeter, Brunson versus San Antonio’s guards will shape offensive flow. The Spurs need to disrupt Brunson’s rhythm while generating their own transition opportunities.

Three-point shooting and rebounding could swing the outcome. Both teams have capable shooters, but execution under pressure in a hostile environment will decide Game 5.

Historical and Broader Context

The 2026 Finals have delivered compelling basketball, highlighted by the Knicks’ Game 4 heroics. A Spurs victory Saturday would force a Game 6 in New York, extending what has been a competitive and entertaining series.

Advertisement

For Wembanyama, a strong performance could further cement his status as one of the league’s brightest young stars. For the Knicks, closing out the series on the road would mark a significant achievement in their rebuild.

The NBA community has been captivated by the contrast in styles: New York’s gritty resilience versus San Antonio’s high-upside talent led by Wembanyama. Game 5 offers another chapter in this compelling narrative.

Fan and Media Anticipation

Expect a raucous atmosphere in San Antonio, with fans hoping to will their team to a victory that keeps championship dreams alive. National broadcasts will showcase the electric environment and the individual brilliance of stars on both sides.

Advertisement

Analysts point to the Spurs’ home dominance and Wembanyama’s ability to elevate his game in critical moments as reasons for optimism. The Knicks, however, have demonstrated championship mettle with their Game 4 performance.

What to Watch in Game 5

  • Wembanyama’s scoring and defensive impact against New York’s interior.
  • Brunson’s ability to control the tempo and create for teammates on the road.
  • Second-half adjustments, as the Spurs faded in Game 4.
  • Three-point efficiency and offensive rebounding battles.

A Spurs win would set up a tense Game 6 in Madison Square Garden, while a Knicks victory would clinch the title in San Antonio, adding to the drama.

Conclusion and Series Outlook

Game 5 represents a must-win for the Spurs and a chance for the Knicks to seal their first championship in over five decades. Wembanyama’s leadership and the home crowd provide San Antonio with a fighting chance, but New York’s momentum and depth make them clear favorites.

Advertisement

As the series reaches this critical juncture, both teams will leave everything on the court. The basketball world will be watching to see if Wembanyama can engineer a comeback or if the Knicks can finish the job on the road.

The 2026 NBA Finals have already produced memorable moments. Game 5 promises more intensity as the Spurs fight for survival and the Knicks pursue history. Saturday night in San Antonio will go a long way toward determining the champion.

Continue Reading

Business

Wall St to open higher on Mideast deal hopes; SpaceX debut in focus

Published

on

Wall St to open higher on Mideast deal hopes; SpaceX debut in focus


Wall St to open higher on Mideast deal hopes; SpaceX debut in focus

Continue Reading

Business

BlackRock BDEBT private credit fund repurchases hit 5% cap

Published

on


BlackRock BDEBT private credit fund repurchases hit 5% cap

Continue Reading

Business

How Cracker Barrel’s CEO Saved Her Job by Abandoning Her Own Strategy

Published

on

How Cracker Barrel’s CEO Saved Her Job by Abandoning Her Own Strategy

Last summer, Chief Executive Julie Felss Masino was trolled mercilessly as she pressed forward with a Cracker Barrel CBRL 2.27%increase; up pointing triangle revamp, from remaking the folksy logo atop restaurants to pulling antique tchotchkes off the walls.

Amid the criticism, she was subjected to remarks about her eyeglasses and comments about her “woke” attitude. She fielded unsolicited business advice from President Trump over the logo redesign and company management. And activist investor Sardar Biglari vowed to remove her through a proxy battle.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading

Business

Have you been mis-sold car finance?

Published

on

Have you been mis-sold car finance?

Martin Lewis has advice for those who have or who are planning to put in a car finance mis-selling claim.

Continue Reading

Business

Elon Musk Poised to Become World’s First Trillionaire Following SpaceX Record IPO

Published

on

Elon Musk has stepped back from his job of cutting government spending by firing civil servants and gutting or closing departments

NEW YORK — Elon Musk is on the verge of becoming the world’s first trillionaire as his rocket company SpaceX prepares for a landmark public debut on the Nasdaq stock exchange Friday after pricing its initial public offering at $135 per share.

The move would catapult Musk, already the wealthiest person on the planet, into unprecedented financial territory. With a roughly 42% stake in SpaceX, his personal fortune could surpass $1 trillion once the shares begin trading, according to estimates tied to the company’s $1.78 trillion valuation at the offer price.

SpaceX plans to sell 555.6 million shares, raising approximately $75 billion. Underwriters hold an option for an additional 83 million shares. The IPO represents one of the largest in history and marks a significant milestone for the company founded in 2002, which has revolutionized space travel with reusable rockets and expanded global internet access through its Starlink satellite network.

Valuation and Wealth Implications

Advertisement

Before the IPO announcement, Musk’s net worth stood at approximately $696 billion, according to the Bloomberg Billionaires Index. The SpaceX listing is expected to add hundreds of billions to that figure, depending on early trading performance. Analysts project Musk’s stake could be valued between $743 billion and $866.5 billion at the $135 offer price.

The $1 trillion threshold is almost incomprehensible in scale. As noted by UK charity Oxfam, if Musk spent $1 million every day, it would take him 2,740 years to exhaust such a fortune. His wealth would represent roughly 3% of U.S. gross domestic product, exceeding the relative economic power of 19th-century industrial titans like John D. Rockefeller and Andrew Carnegie.

Guido Alfani, a professor of economic history at Bocconi University in Milan, Italy, offered historical perspective. “If we do this, we can surely conclude that Elon Musk might be the wealthiest person who has ever lived — excluding emperors or other rulers whose wealth is not easily distinguishable from that of the state,” Alfani told Al Jazeera. He estimated Musk could command the labor of 557,800 people in 2025, far surpassing Rockefeller’s estimated 116,000 in 1937.

Historical Comparisons and Context

Advertisement

Musk’s rise invites comparisons to the Gilded Age magnates who amassed vast fortunes during America’s industrial expansion. Rockefeller, Carnegie and others were both admired for their achievements and criticized as “Robber Barons” for aggressive business practices. Richard White, professor of history emeritus at Stanford University, noted the similarities in public perception. “What made them famous was that they were very good at making and keeping money. There is little sign they accomplished much else,” White told Al Jazeera.

Yet Musk diverges in several ways. While many Gilded Age tycoons became major philanthropists in their later years, Musk’s giving has largely focused on causes aligned with his business interests through the Musk Foundation and donor-advised funds. He joined the Giving Pledge in 2012 but has faced questions about the scale and direction of his charitable efforts.

Christopher Nichols, a professor of history at Ohio State University, highlighted the contrast. “When examining the Robber Barons of the Gilded Age and Progressive Era, despite their many failings, one must note that they were also the pioneers of modern large-scale philanthropy,” Nichols told Al Jazeera, referencing Carnegie’s extensive donations.

Musk’s Business Empire and Influence

Advertisement

SpaceX’s success builds on Musk’s broader portfolio, including Tesla, xAI and ownership of X, formerly Twitter. The companies span electric vehicles, artificial intelligence, space exploration and social media, creating a uniquely diversified empire. Musk has also taken an active role in politics, supporting former President Donald Trump’s 2024 campaign and leading efforts to reduce government spending.

This level of influence has drawn both praise and criticism. Supporters view Musk as a visionary driving humanity toward a multi-planetary future. Detractors raise concerns about concentrated power, market dominance and the societal impacts of rapid technological change.

Daniel Waldenström, a professor of economics at the Research Institute of Industrial Economics in Stockholm, cautioned that such wealth is not guaranteed to endure. “He faces competition and the market valuation of his corporations can change,” Waldenström told Al Jazeera. “It may well be that some of Musk’s assets will lose value if reality changes.”

Broader Questions on Inequality

Advertisement

Musk’s potential milestone has intensified debates about wealth inequality. As global economies recover from recent challenges, the gap between the ultra-wealthy and the rest of society remains a point of contention. Oxfam and other organizations have used such examples to call for stronger progressive taxation and policies addressing economic disparity.

The SpaceX IPO itself reflects strong investor appetite for high-growth technology companies tied to ambitious long-term goals. Its success could encourage further innovation in space and related sectors while raising questions about regulatory oversight and market concentration.

What Comes Next

Friday’s trading debut will provide the first real-time market verdict on SpaceX’s valuation. Opening prices for high-profile IPOs can be volatile as supply and demand find balance. Strong performance would further solidify Musk’s financial standing, while any weakness might reflect caution around elevated valuations in the technology sector.

Advertisement

For Musk, the transition of SpaceX to public markets brings new responsibilities to shareholders alongside his existing commitments. The company’s future will depend on execution across Starship development, Starlink expansion and potential new frontiers in space exploration.

As the countdown to Friday’s opening bell continues, global attention remains fixed on Musk and the implications of one individual approaching such extraordinary wealth. The event marks not only a corporate milestone but also a cultural moment in the ongoing conversation about innovation, power and responsibility in the modern economy.

The SpaceX IPO underscores the transformative impact of private enterprise in areas once dominated by governments. Whether Musk’s fortune ultimately benefits society on the scale of past philanthropists remains to be seen, but its sheer magnitude ensures he will remain a defining figure of this era.

Markets will render their judgment Friday, but the broader discussion about wealth, innovation and inequality is likely to continue long after the trading day ends. SpaceX’s public debut represents a new chapter for both the company and its founder, one that will be watched closely by investors, policymakers and the public alike.

Advertisement
Continue Reading

Business

More Companies Use ‘Backdoor’ Job References to Counter AI

Published

on

More Companies Use ‘Backdoor’ Job References to Counter AI
Callum Borchers

There are the references you list on your job application. Then there are the people whose opinions of you really matter.

Almost everyone can cherry-pick a few former colleagues willing to say nice things about them. Getting candid assessments, some companies believe, requires quietly contacting a different set of past managers and co-workers.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Continue Reading

Business

UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

Published

on

UAW Reaches Tentative Deal to End Strike at Supplier to GM Trucks

Unionized workers at a

Michigan plant producing a key component for General Motors

GM

1.83%

Advertisement

increase; up pointing triangle trucks have reached a tentative agreement for a new labor contract following a 10-day strike.

“After 18 years of sacrifice, these workers are finally winning back a big chunk of what was taken from them,” United Auto Workers union President Shawn Fain said.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Advertisement
Continue Reading

Business

Rithm Capital Preferreds: Balancing Yield Against Call Risk. (NYSE:RITM)

Published

on

Rithm Capital Preferreds: Balancing Yield Against Call Risk. (NYSE:RITM)

This article was written by

I have been managing investments for over eight years in capital markets. By qualification I am a CFA Charter holder. I primarily look for discrepancies between the price and value of a security. With a focus on first-principal mindset, I try breaking down ideas into their core- most tangible parts, affecting the theses while deliberately avoiding the non-significant matter into crowding the analysis. If you like my ideas or frameworks, reach out via email/message for more granular and concentrated- portfolio level specific investment researches and ideas. I am at prakhar@shrihittruealphacapital.com.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Readers are advised to fact-check thoroughly before making any investment-related decisions; this reflects the personal views of the author and should not be pursued as formal financial or investment advice in any manner. While every effort has been made to ensure accuracy, errors may exist in the data and financial projections presented. The author is not responsible for any financial gains or losses incurred from investments made based on this content.

Advertisement

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Continue Reading

Business

Limoneira: Hidden Land Value Is Real, But The Cash Flow Bridge Is Still Narrow

Published

on

Limoneira: Hidden Land Value Is Real, But The Cash Flow Bridge Is Still Narrow

This article was written by

I am an independent trader and market analyst with a focused specialization in the micro-cap segment. My investment strategy combines technical analysis with the CAN SLIM methodology, pioneered by William O’Neil, to uncover high-growth companies that are often overlooked by mainstream analysts. I seek out emerging businesses showing strong financial momentum, rapid earnings growth, and signs of institutional interest—key indicators that often precede explosive stock moves. In addition to equities, I also have experience in Forex trading, which has sharpened my ability to interpret price action, volatility, and market sentiment. This multi-market background allows me to better understand the behavioral aspects of trading and refine my timing on entry and exit points. My research process integrates both fundamental and technical perspectives. I pay close attention to indicators such as relative strength, unusual trading volume, and earnings acceleration to identify stocks on the verge of significant breakouts. My goal is to spot opportunities early—before broader market recognition drives prices higher. Writing on Seeking Alpha is a vital part of my investment process. It allows me to validate my ideas, document my research, and connect with a community of like-minded investors. My articles focus on uncovering under-the-radar growth stocks with compelling fundamentals and favorable technical setups. Ultimately, I aim to provide insightful, actionable content that helps others navigate the market with greater confidence and clarity.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Advertisement
Continue Reading

Trending

Copyright © 2025