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Elon Musk's ventures have received at least $38 billion in government funding, including loans, subsidies, and tax credits, significantly aiding the growth of Tesla and SpaceX. Tesla's profitability has heavily relied on regulatory credits, with nearly two-thirds of the funds allocated in the past five years. Despite advocating for the end of consumer EV tax credits, Musk's companies continue to benefit from substantial government support, particularly during critical periods.
The Manufacturers Life Insurance Company increased its stake in Lennar by 1.3%, now holding 5.9 million shares valued at over $1.1 billion. Institutional investors own 81.10% of Lennar, which has received mixed ratings from analysts, with a consensus "Hold" and an average target price of $175.94. Recently, UBS Group lowered its price target for Lennar from $225 to $205, suggesting a potential upside of nearly 49%.
The Manufacturers Life Insurance Company increased its stake in Lennar by 1.3%, now holding 5.9 million shares valued at over $1.1 billion. Institutional investors own 81.10% of Lennar, which has received mixed ratings from analysts, with a consensus "Hold" and an average target price of $175.94. Recently, UBS Group lowered its price target for Lennar from $225 to $205, suggesting a potential upside of nearly 49%.
Jeffrey Sonnenfeld
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
government support fuels success of tesla and spacex in competitive markets
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Harrison Fields
Alan Jenn
Lisa Jackson
Cheryl Warner
Gavin Newsom
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12:10 26.02.2025
lennar sees mixed analyst ratings and institutional investment activity
16:41 20.12.2024
lennar sees mixed analyst ratings and institutional investment activity
16:41 20.12.2024
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