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Tesla's market cap could reach $1.91 trillion by 2032, but achieving a profit of $64 billion requires a 15-fold increase from current levels, demanding a 47% annual growth rate. Despite ambitious plans for robotaxis and FSD software, recent revenue declines and competition raise doubts about Musk's ability to deliver on these promises, leading to questions about Tesla's true value without the "Musk Magic" premium. Currently, Tesla's valuation stands at $955 billion, significantly higher than its estimated worth of $84 billion based on traditional automotive earnings metrics.
Fintech Week 2025 showcased industry leaders, startups, and regulators, focusing on innovation and collaboration in financial technology. Keynotes and panel discussions covered topics like AI in banking, cybersecurity, and the role of stablecoins, emphasizing the event's impact on the global fintech landscape. Looking ahead, the commitment to fostering innovation and strategic partnerships remains strong as the industry evolves.
Huawei's Maextro S800 is set to revolutionize the luxury electric vehicle market with its advanced AI, autonomous driving capabilities, and premium design. Estimated to start between $80,000-$100,000, this sedan boasts impressive specs, including a 0-60 mph time of around 3.5 seconds and a range of approximately 450 miles. With a launch expected in late 2025, it aims to compete with industry leaders like Tesla and Mercedes-Benz.
UBS is set to appoint Renata Jungo Brüngger, a legal expert from Mercedes-Benz, and Lila Tretikov, an AI specialist from New Enterprise Associates, to its Board of Directors at the upcoming Annual General Meeting. This move follows the decision of Claudia Böckstiegel and Nathalie Rachou not to seek re-election. Tretikov's expertise in technology and AI is expected to enhance the board's capabilities significantly.
Mercedes-Benz is cutting about 15% of its workforce in China due to challenging market conditions, focusing on consolidating redundant roles primarily in sales and auto finance. The company will provide compensation packages, although it denied reports of offering N+9 months' salary. This restructuring aims to enhance operational efficiency amid a declining revenue trend.
UBS has initiated 'neutral' coverage of Daimler Truck with a target price of €44, citing the company's strong position in North America and Europe but highlighting risks that may limit stock market upside. Increased competition in North America and mixed outcomes from German elections are key concerns, while future ECB rate cuts will be crucial for growth.
Elon Musk's political alignment with Trump is causing some Tesla customers to reconsider their loyalty, leading to a notable decline in the brand's favorability and sales. Analysts express concern that Musk's actions, including his involvement with DOGE, may alienate consumers, particularly in Democratic-leaning areas. As a result, Tesla's sales have seen their first annual decline in 12 years, with many former fans distancing themselves from the brand due to Musk's evolving reputation.
Huawei has partnered with Hefei Yaohai State-Owned Capital Group to enhance the HarmonyOS ecosystem, develop ultra-fast charging stations, and promote smart city initiatives. FAW-Audi will unveil the new A5L at Auto Shanghai 2025, while Dreamfly Technology has secured significant funding to advance its eVTOL technology. Additionally, NEOLIX raised 1 billion yuan in a C+ financing round, and Visinex Technology is collaborating with Smarter Eye to develop L2+ ADAS solutions.
UBS has maintained a 'Neutral' rating for Mercedes-Benz with a target price of 55 euros. Analyst Patrick Hummel noted that there are no significant surprises in the results or outlook, although minor downward revisions to the consensus for 2025 are expected. Upcoming statements from a capital market day may influence share prices.
The Stelato S9 EREV sedan, a collaboration between Huawei and BAIC, is set to launch in China in April, featuring a remarkable fuel consumption rate of 0.25 L/100 km. Despite ambitious sales targets of 120,000 units annually, only 3,008 units have been delivered due to its high price of 399,800 yuan (54,850 USD). The vehicle includes advanced features like LiDAR, retractable door handles, and optional camera side mirrors, but faces stiff competition from rivals like the Avatr 12 EREV, which starts at 269,900 yuan (37,900 USD).
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