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Search resuls for: "Moses Ventures"


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"Big Short" investor Danny Moses is still betting against Tesla stock and expects it to fall to $50. Tesla's focus on Robotaxis and AI is a distraction from its "falling apart" core business, he told CNBC. AdvertisementTesla's stock is cruising toward a steep correction, and will see a drop-off that even new tech initiatives can't steer around, investor Danny Moses told CNBC. The Moses Ventures founder revealed a Tesla short last year, sparked by a frustration over CEO Elon Musk's purchase of X, formerly Twitter. While Moses holds Tesla as his primary short, he touted a separate autonomous driving firm called Wayve.
Persons: Danny Moses, Moses, , Tesla, Elon Musk's, Bill Gates Organizations: CNBC, DOJ, Service, Moses Ventures, Elon, Department of Justice, Nvidia
Tesla shares are still vulnerable to a big decline ahead, according to investor Danny Moses of "The Big Short" fame . Even with the electric-vehicle maker's stock down 32% so far this year, Moses is sticking with his Tesla short. "Everything is kind of falling apart in their core business," the Moses Ventures founder told CNBC's " Fast Money " on Thursday. Moses, who is known for successfully betting against the housing market before its 2008 implosion, had the $50 short on Tesla last November, too. Moses expects Wayve, an autonomous driving company, to emerge as a serious competitor to Tesla.
Persons: Danny Moses, Moses, CNBC's, Elon Musk, Tesla, Wayve, CNBC's Anna Gleason Organizations: Moses Ventures, Tesla, Nvidia, Microsoft Locations: Wayve
'Big Short' traders told CNBC that investors are too complacent, although the economy is healthy. But traders should still keep their eyes on pockets of risk, such as commercial real estate, the others said. As to today's economy, Eisman considers it relatively healthy, essentially dismissing Wall Street's concerns that a consumer spending drawdown guarantees a coming slowdown. AdvertisementSome on Wall Street are nervous this could trigger a massive real estate default wave, with billions at risk. Still, markets shouldn't be too complacent, as the commercial real estate industry has seen "fits and starts" crop up, Moses said.
Persons: Steve Eisman, , Neuberger, Danny Moses, Vincent Daniel, Porter Collins, Wall, Collins, Moses, Eisman Organizations: CNBC, Service, Consumers, Seawolf, Moses Ventures, Federal Reserve, Bloomberg
Sports betters are losing sportsbooks bets into the void
  + stars: | 2024-01-19 | 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 EmailSports betters are losing sportsbooks bets into the voidDanny Moses, Moses Ventures founder, joins 'Power Lunch' to discuss digital betters losing their winning bets on sportsbook.
Persons: Danny Moses, Moses Organizations: Moses Ventures
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Moses Ventures Founder Danny MosesDanny Moses, Moses Ventures Founder/of "Big Short" on banks with CNBC's Melissa Lee and the Fast Money traders.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big short' trader Danny Moses warns biggest issue facing banks isn't deposit lossesDanny Moses, Moses Ventures Founder/of "Big Short" on banks with CNBC's Melissa Lee and the Fast Money traders.
"Big Short" investor Danny Moses said the Silicon Valley Bank collapse is exacerbating the economic slowdown despite the government's actions to mitigate the impact. "You can't assume that the regulators have any idea what they're actually dealing with now considering that they were completely caught off guard... by what just happened at Silicon Valley Bank," the Moses Ventures founder told CNBC's " Fast Money " on Tuesday. Moses, who is known for successfully betting against the housing market before its 2008 implosion, speculates failures are just starting. "We still have underestimated in this market in general what is happening when you raise rates," Moses said, referring to the central bank's move to hike interest rates by 450 basis points since March 2022. The Federal Open Market Committee holds its two-day policy meeting on interest rates next Tuesday and Wednesday.
'Big Short' trader Danny Moses warns Fed broke something
  + stars: | 2023-03-14 | by ( Melissa Lee | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' trader Danny Moses warns Fed broke somethingDanny Moses, Moses Ventures founder, on the banks, the Fed and whether you can trust this regional bank rebound. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Tim Seymour, Guy Adami and Courtney Garcia.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Big Short' investor Danny Moses to investors: Avoid Tesla stockDanny Moses (of 'Big Short' fame), Moses Ventures founder, warns investors away from Tesla stock. With CNBC's Melissa Lee and the Fast Money traders, Karen Finerman, Dan Nathan, Guy Adami and Steve Grasso.
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