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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's as much a story stock as it is a reality stock at this point, says Oppenheimer's Colin RuschColin Rusch, Oppenheimer senior research analyst, joins 'Squawk Box' to discuss Tesla's quarterly earnings results, growth outlook, Elon Musk's long-term strategy for the company, shift in buyer base, and more.
Persons: Colin Rusch Colin Rusch, Oppenheimer, Elon Musk's
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe key for Tesla is how well it can embrace the AI potential of the platform, says Colin RuschColin Rusch, Oppenheimer senior research analyst, joins 'Squawk Box' to preview Tesla's latest delivery numbers, what's at stake for the company, EV demand outlook, and more.
Persons: Tesla, Colin Rusch Colin Rusch, Oppenheimer Organizations: EV
Elon Musk's having a terrible year
  + stars: | 2024-04-02 | by ( Grace Kay | ) www.businessinsider.com   time to read: +5 min
Read preview2024 has been off to a rough start for Elon Musk. Musk's golden child, Tesla, has been facing headwinds in recent months. In the US, Musk's company is also facing softening demand from customers who appear to be growing increasingly weary of Musk's antics. Thus far, Musk's purchase of Twitter doesn't appear to be going according to plan. A judge recently tossed out a lawsuit Musk's X filed against a research group, saying the suit was an attempt to bully the social media site's critics into silence.
Persons: , Elon Musk, Tesla, Justin Sullivan Wedbush, Dan Ives, Ives, — that's, Oppenheimer, Colin Rusch, Musk, he's, OpenAI, Sam Altman, Kent Nishimura, Musk's X, X, Neuralink Organizations: Service, Elon, Business, EV, Twitter, CNBC, Tesla, Bloomberg, Fidelity, SpaceX Locations: Berlin, BYD
An electric vehicle charge station by ChargePoint, Inc. is seen in Manhattan, New York, U.S., December 8, 2021. REUTERS/Andrew Kelly Acquire Licensing RightsNEW YORK, Nov 17 (Reuters) - ChargePoint Holdings' (CHPT.N) stock slumped by nearly 38% to a record low on Friday after the electric vehicle (EV) charging network slashed its third quarter revenue forecast and replaced key executives. California-based ChargePoint also announced that longtime Chief Executive Pasquale Romano will be replaced by Rick Wilmer, its chief operating officer, effective immediately. The shares of other major EV charging network providers besides ChargePoint were also trading lower. But they downgraded the company to "perform" from "outperform" citing the executive departures, choppy demand, and "potential for further organizational changes."
Persons: Andrew Kelly, ChargePoint, Pasquale Romano, Rick Wilmer, Rex Jackson, Mansi Khetani, Cowen, Oppenheimer, Needham, ChargePoint F3Q, Bill Peterson, bode, Colin Rusch, Chibuike Oguh, Lance Tupper, David Evans Organizations: ChargePoint, REUTERS, ChargePoint Holdings, Reuters Graphics, JPMorgan, EV, EVgo, Thomson Locations: Manhattan , New York, U.S, North America, Europe, California, New York
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailManufacturing margins & subscription monetization could be catalysts for Tesla: Oppenheimer's RuschColin Rusch, Oppenheimer, joins 'Squawk on the Street' to discuss Tesla's stock moves from Monday, upside and downside catalysts for the electric vehicle company, and much more.
Persons: Colin Rusch, Oppenheimer Organizations: Tesla
TipRanks' algorithms calculated the average return and statistical significance of each rating, as well as the analysts' overall success rate. To come up with this list, TipRanks analyzed every stock recommendation made by analysts in the past decade. TipRanks is celebrating a decade of simplifying investment decisions through its data-driven research tools: Here is a list of the 10 best analysts on Wall Street. Bolton's best rating in the past decade has been on ACM Research (NASDAQ:ACMR), a semiconductor equipment manufacturing company. These analysts generated significant returns from their recommendations in the past decade and have notable success rates.
Renewable energy stocks are setting up for a rally, according to Oppenheimer. He expects U.S. demand to continue to track to 10% growth in 2023, with potential for upside as the IRA 's credits are clarified. Meanwhile, the company guided $700 million to $740 million in revenue for the first quarter, versus the $685.2 million expected. The stock has about 28% upside, according to Rusch's $383 price target. Lastly, Sunrun's stock is set for a big rally, according to the analyst.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt looks like the cost to Tesla over this recall won't be terrible, says Oppenheimer's Colin RuschColin Rusch, sr. research analyst at Oppenheimer, joins 'Closing Bell' to discuss Tesla's recall of more than 360,000 vehicles over self-driving software that may be causing accidents.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla didn't sell everything it produced in Q4, says Oppenheimer's Colin RuschOppenheimer's Colin Rusch joins 'Power Lunch' to discuss shares of Tesla and Guggenheim's downgrade of the stock over concerns with the company's fourth-quarter estimates.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe see Tesla as a technology conglomerate, says Oppenheimer's Colin RuschColin Rusch, Oppenheimer managing director and senior research analyst, joins CNBC's 'Squawk on the Street' to discuss the end-of-quarter expectations for Tesla, EV vehicles amping up capacity, and incentives for consumers to buy EVs.
Oppenheimer downgrades Tesla over Twitter-related risks
  + stars: | 2022-12-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOppenheimer downgrades Tesla over Twitter-related risksColin Rusch, Oppenheimer managing director and senior research analyst, joins 'Squawk on the Street' to discuss the backlash of Elon Musk's management of Twitter, rebuilding the Tesla brand, and quantifying the earnings impact of Musk's Twitter activity on Tesla.
Elon Musk's handling of Twitter is damaging sentiment around Tesla , according to Oppenheimer. Analyst Colin Rusch downgraded shares of Tesla to perform from outperform, saying he can no longer separate coverage of the electric vehicle maker from Musk's controversial management of the social media platform. Tesla shares, which are notably volatile, are down 57% this year. However, the analyst expects that the ongoing negative headlines around Twitter could create a "negative feedback loop" that would hurt sales of Tesla vehicles. Tesla shares jumped 4% in the premarket.
CNN —Elon Musk’s management of Twitter, including the banning of multiple journalists, has “severely damaged” market sentiment around Tesla, and risks sparking a backlash from advertisers and consumers, a Wall Street analyst warned on Monday. Oppenheimer & Co. downgraded its rating on Tesla, where Musk is the CEO, solely because of risks posed by the billionaire’s ownership and management of Twitter. We see potential for a negative feedback loop from departure of Twitter advertisers and users,” Oppenheimer analyst Colin Rusch wrote to clients. Tesla shares briefly jumped in premarket trading Monday after Musk polled users on whether he should quit as Twitter CEO. “I think it is in the best interest for Tesla shareholders for Elon to be back at Tesla working full time,” Gerber said on Twitter.
In fact, Musk spent most of Monday conspicuously quiet, refraining from tweeting for a remarkable 18-hour period. In one Sunday night tweet, Musk wrote, “No one wants the job who can actually keep Twitter alive. Musk last month said he would “find somebody else to run Twitter” and that he expected to “reduce” his time there. The electric automaker bore the brunt of more bad news related to Musk’s Twitter obsession on Monday. As the saying goes, Vox populi, Vox dei.
Tesla's brand is tarnished, says FullCycle's Alhusseini
  + stars: | 2022-12-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's brand is tarnished, says FullCycle's AlhusseiniColin Rusch, Oppenheimer analyst, and Ibrahim Alhusseini, FullCycle founder and managing partner, join 'TechCheck' to discuss how much of a concern Tesla's sell-off is, if investors are reading too much into what's happening at Twitter and more.
I remain bullish on Tesla shares, says Oppenheimer's Colin Rusch
  + stars: | 2022-11-29 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI remain bullish on Tesla shares, says Oppenheimer's Colin RuschColin Rusch, Oppenheimer managing director and senior research analyst, joins CNBC's 'Squawk Box' to break down shares of Tesla and whether Elon Musk's involvement at Twitter is causing a distraction for the car company's top executive.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Oppenheimer's Colin Rusch and Roth Capital's Craig IrwinColin Rusch, Oppenheimer senior research analyst, and Craig Irwin, Roth Capital senior research analyst, join 'Power Lunch' to discuss the bull and bear case for Tesla's stock.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTesla's manufacturing plan for Austin and Berlin will generate profits, says Oppenheimer analystOppenheimer Analyst Colin Rusch joins 'TechCheck' to discuss raising targets for Tesla due to underutilized manufacturing capacity in Austin and Berlin, Tesla driving out high prices with low-cost high-volume parts and the value of the company's geographic expansion.
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