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It’s a “capital junkie” that’s been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. Capital junkieThe latest cost-cutting cycle comes nearly a decade after an infamous Wall Street presentation by late-Fiat Chrysler CEO Sergio Marchionne called “Confessions of a Capital Junkie.” The April 2015 report highlighted the industry’s massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. That’s shareholder money.”Most capital spending by automakers isn’t wasted, but the industry isn’t as efficient as other sectors, with minimal return on invested capital. While losing ground in China, GM has been among the most aggressive in spending on EVs and self-driving vehicles. GM and Hyundai this summer entered into an agreement to explore “future collaboration across key strategic areas” in an effort to reduce capital spending and increase efficiencies.
Persons: ” that’s, bender, ” Morgan Stanley, Adam Jonas, It’s, Sergio Marchionne, Marchionne, ” Jonas, Sergio, Joe Hinrichs, , Hinrichs, isn’t, “ We’ve, Rebecca Evans, Roland Berger, , Ford, Peter Rawlinson, “ We’re, Oliver Blume, ” Blume, Paul Jacobson, ” Jacobson, Rivian, ” Marchionne, don’t, codevelop, Stellantis, , Carlos Tavares, Bernstein, Daniel Roeska, Tavares, ” Tavares Organizations: DETROIT, General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Rivian Automotive, Hyundai Motor, Toyota, CSX, , Rehab, Nissan, EV, CNBC, VW, Reuters, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, PSA, Locations: Detroit, Japan, Germany, That’s, Europe, China, U.S, North America
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRemote workers less productive than when in office, says ManpowerGroup CEOJonas Prising, CEO and chairman of ManpowerGroup, discusses the firm's global talent barometer and his outlook for the European labour market.
Persons: Jonas Prising, ManpowerGroup
It's a "capital junkie" that's been on a yearslong binge of unprecedented spending on all-electric and autonomous vehicles. The April 2015 report highlighted the industry's massive capital spending on overlapping or niche products that Marchionne was convinced could be solved through consolidation and shared capital spending. Most capital spending by automakers isn't wasted, but the industry isn't as efficient as other sectors, with minimal return on invested capital. Stock Chart Icon Stock chart icon Stocks of GM, Ford and Chrysler parent Stellantis in 2024. Courtesy: Business WireGM and Hyundai this summer entered into an agreement to explore "future collaboration across key strategic areas" in an effort to reduce capital spending and increase efficiencies.
Persons: bender, Morgan Stanley, Adam Jonas, It's, Sergio Marchionne, Marchionne, Sergio Marchionne Brendan McDermid, Jonas, Joe Hinrichs, isn't, We've, Rebecca Evans, Roland Berger, Ford, Peter Rawlinson, Andrew Kelly, Oliver Blume, Blume, Paul Jacobson, Jacobson, Rivian, RJ Scaringe, Mary Barra, Euisun Chung, codevelop, Stellantis, , Carlos Tavares, Oliver Bunic Organizations: General Motors, Ford, Nissan Motor, Volkswagen Group, Chrysler, Companies, Research, GM, Volkswagen, Toyota Motor, Fiat, Rivian, Lucid, Fiat Chrysler, Reuters, Rivian Automotive, Hyundai Motor, Toyota, CSX Corp, Rehab, Nissan, CNBC, Lucid Motors, Nasdaq, Churchill Capital Corp, Reuters Volkswagen, VW, Honda, BMW, SAIC, Barclays, Saudi, Public Investment Fund, Hyundai, Detroit, French, PSA Groupe, Stellantis NV, Bloomberg, Getty Locations: Casa Grande , Arizona, Detroit, Japan, Germany, That's, New York City , New York, Europe, China, U.S, Kragujevac, Serbia
California Governor Gavin Newsom vetoed California's bill at the end of September but signed into law another bill which requires transparency in generative AI systems. "A lot of the privacy risks associated with AI can be tackled through a comprehensive data privacy regime," she said. The U.S. has historically approached data privacy with decentralized, state-by-state legislation, which is where AI regulation is currently headed. Regarding Colorado's successful AI bill, Maroney wrote on Facebook, "It is unfortunate that Connecticut chose not to join Colorado as a leader in this space. Even a model approach, if done wrong, could pose a major risk to the U.S. "Everybody's looking at California, especially when it comes to tech," Elgendy said.
Persons: Scott Weiner, Wiener, Gavin Newsom, California's, Tatiana Rice, Jonas Jacobi, Mohamed Elgendy, Elgendy, Rice, Robert Rodriguez, James Maroney, Maroney Organizations: Conference, AI Alliance, Washington D.C, U.S ., European Union AI, Privacy, Data, American, White, Office of Science, Technology, Democratic, Colorado Senate, Democratic Connecticut State, Facebook, Colorado Locations: California, San Francisco, Washington, Puerto Rico, U.S, U.S . Virgin Islands, Colorado, Silicon, Connecticut
Dollar sitting pretty, yen bears wary of Bank of Japan hawks
  + stars: | 2024-11-18 | by ( ) www.cnbc.com   time to read: +3 min
Yen bears were tense in case Bank of Japan Governor Kazuo Ueda used a speech later Monday to flag a possible rate hike in December, in part due to the weakness of the currency. Markets imply around a 55% chance of a quarter-point rate hike to 0.5% when the BOJ meets on Dec. 19. Against a basket of currencies the dollar held at 106.730, having touched a one-year top of 107.07 on Friday. The rally has coincided with a savage swing in 10-year Treasury yields, which have climbed 70 basis points since the start of October, fuelling a 5.4% rise in the U.S. dollar index . Analysts generally assume Trump's touted policies of tariffs, reduced immigration and debt-funded tax cuts will be inflationary, so limiting the scope for further rate cuts by the Federal Reserve.
Persons: Kazuo Ueda, Ueda, Donald Trump's, Katsunobu Kato, Jonas Goltermann, Trump, Howard Lutnick, Cantor Fitzgerald, Scott Bessent Organizations: Bank of Japan, U.S, Japanese Finance, Capital Economics, Trump, Federal Reserve, Central Bankers Locations: U.S, Japan, Canada
Priyanka Chopra Jonas and Nick Jonas celebrated a “perfect Diwaloween,” Chopra wrote in an Instagram post Friday. This year, the start of Diwali — which celebrates good over evil and light over darkness by some South Asian religions — fell on the same day as Halloween. On years when the two holidays collide, which hasn't happened since 2016, many in the South Asian diaspora put them together for "Diwaloween." The Instagram post features Chopra Jonas and Jonas in traditional Indian garments, including a sari and a kurta, respectively. They held a Western ceremony, complete with a white gown, followed by a traditional Hindu ceremony the next day, in which Chopra Jonas wore red and ornate henna.
Persons: Priyanka Chopra Jonas, Nick Jonas, ” Chopra, Chopra Jonas, Jonas Locations: India
In an interview with Harpers Bazaar, Sophie Turner opened up about her marriage to Joe Jonas and her life in the US. AdvertisementSophie Turner said she struggled with American politics when she was married to Joe Jonas and living in the US. After marrying Jonas, Turner moved to LA in 2019, and they relocated to Miami in 2021. "The gun violence, Roe v. Wade being overturned... Everything just kind of piled on," she said. AdvertisementTurner, who now lives in West London, told Harpers Bazaar she's "so happy to be back."
Persons: Sophie Turner, Joe Jonas, , Jonas, Turner, Roe, Wade, Willa, Delphine, Turner didn't, Genie Doi, Chris Ouellet Organizations: Harpers, Service, Harpers Bazaar, Bazaar, British Vogue, Business Insider, Pew Research Center, BI Locations: British, LA, Miami, Uvalde, West London, England, California, Japan, Chicago, British Columbia
Test drivers on Project Rodeo say they push the company's self-driving software to its limit. Business Insider spoke with nine current and former Project Rodeo test drivers and three Autopilot engineers in states including California, Texas, and Florida. Test drivers on Project Rodeo say they push the company's self-driving software to its limit. Tesla did not respond to a detailed list of questions about Project Rodeo and its self-driving technology. Paul Hennessy/SOPA Images/LightRocket/GettyTwo years later, test drivers were asked to train the system near pedestrians, test drivers said.
Persons: Elon Musk, Tesla, they're, Noah Berger, Missy Cummings, Cummings, Mark Rosekind, Patrick Pleul, Musk, Morgan Stanley, Adam Jonas, They're, FSD, John Bernal, Bernal, Paul Hennessy, Five, , It's, Cruise, Mario Tama, Philip Koopman, Koopman, Alex Roy, Roy Organizations: Business, BI, Stanford University, National, Traffic Safety Administration, NHTSA, Drivers, Tesla, YouTube, Department of Transportation, San, Cruise, Carnegie Mellon University Locations: San Francisco, California , Texas, Florida, Texas, crosswalks, Cruise, Phoenix, Arizona, Los Angeles , California
CNN —Luka Dončić and Klay Thompson combined impressively in only their first game together to lead the Dallas Mavericks over the San Antonio Spurs 120-106 in the latest edition of the I-35 Rivalry. French phenom Victor Wembanyama had a tough night for the Spurs, scoring just 17 points while shooting a paltry 27.8% from the floor. On his San Antonio debut, veteran point guard Chris Paul had just three points but provided eight assists and seven rebounds. Thunder record statement win over the NuggetsShai Gilgeous-Alexander Chet Holmgren led the Thunder to an impressive win. Thursday night’s full scoresAway @ home (winners in bold)San Antonio Spurs 109-120 Dallas MavericksBoston Celtics 122-102 Washington WizardsOklahoma City Thunder 102-87 Denver NuggetsMinnesota Timberwolves 117-115 Sacramento Kings
Persons: CNN — Luka Dončić, Klay Thompson, Dončić, Thompson, ” Dončić, Dončić’s, Irving, Victor Wembanyama, Chris Paul, Brown, John McDonnell, Jaylen Brown, Jason Tatum, Tatum, , Alex Sarr, Bub Carrington –, Jordan Poole, Jonas Valančiūnas, Nuggets Shai Gilgeous, Alexander Chet Holmgren, Ron Chenoy, Reuters Shai Gilgeous, Alexander, Chet Holmgren, Holmgren, Nikola Jokić, Jamal Murray, Russell Westbrook, , De’Anthony Melton Organizations: CNN —, Dallas Mavericks, San Antonio Spurs, Slovenian, NBA, Dallas, Golden State Warriors, ESPN, , Spurs, San Antonio, Celtics, Boston Celtics, New York Knicks, Washington Wizards, Wizards, Washington, Nuggets, Thunder, USA, Sports, Reuters, Oklahoma City Thunder, Denver Nuggets, Portland Trail Blazers, Warriors, Golden State, Dallas Mavericks Boston Celtics, Washington Wizards Oklahoma City Thunder, Denver Nuggets Minnesota Timberwolves, Sacramento Kings Locations: Portland
AdvertisementNorway wants to stop children under 15 from using social media, proposing one of the world's toughest bans. The Scandinavian nation already restricts social media more than most, with a ban for under-13s. The Norwegian prime minister, Jonas Gahr Støre, told the Norwegian tabloid VG that new regulation would indeed be "an uphill battle." The Norwegian Media Authority in August estimated that 53% of nine-year-olds, 58% of 10-year-olds, and 72% of 11-year-olds use social media. Anglero said it's common for Oslo families to use social media, whether to coordinate children's sports teams or just to chat.
Persons: , Jonas Gahr Støre, Nick Clegg, Meta, Clegg, Elon Musk, Evan Spiegel, Spiegel, Norway's, Andrew Harnik, Kjersti Toppe, Thomas Anglero, Anglero, Lina Ghazal, Ghazal, Anthony Albanese, Toppe Organizations: Service, Social, Facebook, Elon, Norwegian Media Authority, VG, BI, Guardian, Støre Locations: Norway, Norwegian, Oslo, Verifymy, France
TSLA YTD mountain Tesla stock in 2024. Jonas reiterated his overweight rating on Tesla stock, and his price target implies 45% upside. Wells Fargo, $125 per share price target Wells Fargo isn't a buyer after the strong results, citing high valuations. His neutral rating and $250 per share price target implies roughly 17% upside ahead. Barclays, $220 per share price target Barclays had positive takeaways from the report but reaffirmed that questions remain around Tesla's artificial intelligence and full self driving initiatives.
Persons: Elon Musk, Tesla, they're, Morgan Stanley, Morgan Stanley's Adam Jonas, Jonas, Wells, Colin Langan, Langan, Goldman Sachs, Mark Delaney, Delaney, Dan Levy, Levy, John Murphy, Murphy Organizations: FactSet, Tesla, Barclays, Bank of America Locations: Texas, California, Shanghai
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock's worst daily performance in nearly three years — CEO Peter Rawlinson told CNBC. It also should alleviate worries that the company would issue a "going concern" disclosure regarding its operations, he said. As a Nasdaq company, we have to avoid a going concern. And a going concern is issued within 12 months of your financial runway," Rawlinson said Monday from the company's newly opened offices in suburban Detroit. That included more than $4 billion in cash, cash equivalents and investment balances.
Persons: Peter Rawlinson, Rawlinson, We'd, Lucid, Morgan Stanley, Adam Jonas Organizations: Lucid, Nasdaq, Lucid Motors, Churchill Capital Corp, DETROIT —, Lucid Group, CNBC, Saudi, Public Investment Fund Locations: New York City , New York, Detroit
Kate Moss, 50, makes her Victoria's Secret Fashion Show debut. Kate Moss, who turned 50 in January, made her Victoria’s Secret Fashion Show debut, with her daughter Lila also modeling. Taylor Hill/WireImage/Getty ImagesShe said that Victoria’s Secret was listening to their customers, who wanted the show to return. Ashley Graham walks the runway for the Victoria's Secret Fashion Show 2024. Dimitrios Kambouris/Getty ImagesBlackpink's Lisa performs during the Victoria's Secret Fashion Show 2024.
Persons: Lisa, Blackpink, Gigi Hadid, Barbie, Hadid, Brown, Kate Moss, Dimitrios Kambouris, Adriana Lima —, , Bella Hadid, Alex Consani, Paloma Elsesser, Lila, Cher, Roxanne Robinson, ” Cher, Evan Agostini, Destiny’s Child, Justin Timberlake, Kanye, Barbara Palvin, Yasmin Wijnaldum, Winnie Harlow, Kendall Jenner, Alexina Graham, Naomi Campbell, Quannah, Megan Rapinoe, Priyanka Chopra Jonas, , , Chantal Fernandez, Lauren Sherman, Victoria’s, Sarah Sylvester, Critics, Janie Schaffer, Liu Wen, Taylor, Victoria’s Secret’s, Tyra Banks, Law Roach, Banks, Angela Weiss, Ashley Graham —, ’ ”, ” Adriana Lima, Roy Raymond, Leslie Wexner, Reagan, ” Sherman, ” Fernandez, Heidi Klum, Gisele Bundchen, Stephen Cherrnin, Sherman, Sharleen, Brands ’, Ed Razek “, Razek, Wexner, Vogue, didn’t, Lily Aldrige, Karlie Kloss, Jeffrey Epstein, Epstein, Ashley Graham, Blackpink's Lisa Organizations: New, New York CNN, PETA, CNN, Brands, Getty, Brooklyn Navy, AP Locations: New York, Brooklyn, White, Lagos, Bogotá, London, Tokyo, American
Elon Musk’s empire of misinformation
  + stars: | 2024-10-15 | by ( Allison Morrow | ) edition.cnn.com   time to read: +6 min
New York CNN —At any Tesla event, you have to go in expecting a good amount of smoke and mirrors. This is the company run by Elon Musk, after all — its self-anointed Technoking who’s made overpromising and underdelivering a theme of his career. ICYMI: The robotaxis, Tesla’s fully driverless vehicles that it hopes to put into service next year, were the main event. But Musk’s reality distortion field is something else entirely — hardly limited to overly optimistic timetables or pie-in-the-sky projections for Tesla’s delivery schedule. In a twist, though, X dropped Unilever from the lawsuit on Friday.
Persons: CNN Business ’, Elon Musk, Technoking who’s, Tesla, ” Gordon Johnson, ” Morgan Stanley, Adam Jonas, they’re, Steve Jobs, Donald Trump, , Craig Fugate, X Organizations: CNN Business, New York CNN, Elon, Bloomberg, , Apple, National Guard, FEMA, Washington Post, CNN, NBC, ” Unilever, , Unilever Locations: New York, Carolina
Tesla stock fell more than 9% on Friday, reducing Elon Musk's net worth. Though his net worth dropped by about $15 billion, Musk remains the world's richest man. The company's stock tumbled in the aftermath — and with it, CEO Elon Musk's net worth. According to the Bloomberg Billionaires Index, updated after the close of trading in New York, Musk's net worth fell by $15 billion. The company's stock value had continued its downward trend through early August then rebounded in September — bringing Musk's net worth to more than that of McDonald's and Pepsi.
Persons: Tesla, , Elon, Forbes, Musk, Tesla's, Morgan Stanley, Adam Jonas, Dan Ives Organizations: Elon, Service, Wall Street, Bloomberg, Pepsi, Business, Wall Locations: Los Angeles, Tesla, New York
High insurance costs could wipe out earnings for Cybercab owners. AdvertisementThere are plenty of hurdles for Tesla's promised robotaxi fleet to clear before launching, but one overlooked barrier may be the complexity of insuring a fleet of self-driving Teslas. Advertisement"It's great that you have a vehicle that is cheaper," said Jessica Caldwell, executive director of insights for Edmunds, referring to Tesla's $30,000 Cybercab. "But that can easily get outweighed by high insurance costs." The automotive insurance industry has yet to fully embrace autonomous technology, and without coverage, driverless Teslas can't operate.
Persons: Tesla, , Tesla's, Elon Musk's, Jessica Caldwell, Edmunds, there's, Caldwell, Musk, Elon, Morgan Stanley, Adam Jonas Organizations: Insurance, Service, Tesla, Investors Locations: Texas, California
Wall Street has been fairly hot-and-cold on Tesla stock this year — and its highly anticipated robotaxi unveiling on Thursday isn't helping to improve investor sentiment. As such, we anticipate TSLA to be under pressure following the event," Jonas, the firm's head of global auto and shared mobility research, said in a Friday note to clients entitled "That's it? TSLA YTD mountain Tesla stock this year. Simply put, the event failed to offer a significant bright spot for Tesla's stock, according to Jonas. The analyst has an eye on Tesla's expectation to start fully autonomous, unsupervised FSD in Texas and California for its Model 3 and Model Y electric vehicles.
Persons: Morgan Stanley's Adam Jonas, Jonas, Tesla, Elon Musk's, Musk, TLSA, Tesla's, FactSet Organizations: Investors, Morgan Locations: Los Angeles, FSD, Texas, California
AdvertisementThis as-told-to essay is based on a conversation with Khristianne Uy, known as Chef K, a 42-year-old private chef for celebrities based in Los Angeles. I was introduced to working as a private chef through someone I met at work. Related storiesIn 2003, I did a one-year unpaid internship with a seasoned private chef to advance my career. Being a private chef is different because there's no egoYou have to get curious about what your clients want and ask them how you can improve. There's so much on the horizon, I'm working on a cookbook and some docuseries — maybe even my own reality show.
Persons: Khristianne, K, Kardashian, , Khristianne Uy, It's, I'd, Simon Fuller, James Cameron's, Susan Cameron, There's, I've, Charlie Sheen, Jonas Brothers, Ryan Seacrest, there's, Ryan, Kris Jenner, it's, I'm, James Charles, Lauryn Haas Organizations: Service, lhaas Locations: Philippines, LA, Los Angeles, New York, California, Hulu, Japan
AdvertisementThe stakes are high heading into Tesla's Robotaxi Day on Thursday night in California. AdvertisementAs is typical, Musk's promise that the robotaxi business was taking shape offset a major earnings miss and helped juice Tesla's languishing stock price. Spak wrote. With all this in mind, Jonas isn't sure Musk can live up to investors' high expectations. Advertisement"Tesla's future valuation is highly dependent on its ability to develop, manufacture, and commercialize autonomous technologies," Jonas wrote.
Persons: , Elon Musk, Tesla's Uber, Musk, Joseph Spak, Spak, didn't, Tesla, Morgan Stanley, Adam Jonas, Jonas, Tesla's FSD, there's, Jonas isn't Organizations: Service, Investors, Tesla, UBS, Hertz, California Department of Motor Vehicles Locations: Tesla's, California, Robotaxi, Los Angeles
Theodore Martello landed a role in "Joker: Folie à Deux" after meeting Todd Phillips at a grocery store. After a cordial chat, which included Phillips recommending a good wine to the actor, Martello left the store. Theodore Martello (slightly in frame, far right) in the TV set scene with Gaga in "Joker: Folie à Deux." After filming, Martello contacted Phillips to thank him for casting him and to remind him that he's always available for another opportunity. Now, with "Joker: Folie à Deux" on his resume, he said he's begun landing better auditions.
Persons: Theodore Martello, Todd Phillips, Lady Gaga's Lee, , Todd, Phillips, Martello, Nick Jonas, Joaquin Phoenix, Weeks, he'd, Lady Gaga, Lee, Gaga, Gaga's Lee, Theodore Martello Phillips, Martell, Tarantino, he's Organizations: Service, Bristol Farms, West Hollywood, Martello, DC Comics, Warner Bros Locations: West, Los Angeles, New York City
How did the pussy-bow blouse became a political staple?
  + stars: | 2024-10-08 | by ( Leah Dolan | ) edition.cnn.com   time to read: +8 min
Vice President Kamala Harris wore a plum-hued pussy-bow shirt to speak with 60 Minutes correspondent Bill Whitaker. A slew of newly employed women in the ‘70s and ‘80s agreed, and the pussy-bow blouse’s sudden ubiquity in offices cemented it as a symbol of corporate, second-wave feminism. Melania Trump wore a pink Gucci pussy bow blouse at the presidential debate at Washington University in St. Louis, Missouri on October 9, 2016. Rick Wilking/Pool/AFP/Getty ImagesPeople gather at Stortorget square in Stockholm showing support for Sara Danius by wearing make-shift pussy-bow blouses with scarves and neck-ties. A ‘loaded garment’But still, the pussy-bow blouse continues to divide opinion.
Persons: ” Margaret Thatcher, Miriam Stoppard, , Thatcher, Margaret Thatcher, Tim Graham, , Duchess Louise de La, — King Louis XIV’s, it’s, Kamala Harris, Donald Trump, Oprah, Bill Whitaker, Harris, John T, Malloy, Richard Nixon, Helen Thomas, Ik, Meg Whitman, Proctor, Gamble’s, I’m, Nina McLemore, , Hilary Clinton, Elizabeth Warren, Maxine Waters, Elena Kagan, Melania Trump, Kate Moss, Johnny Depp’s, Sara Danius —, Swedish Academy —, Danius, Rick Wilking, Sara Danius, Jonas Ekstromer, Jenny Sundén, Trump, Moss, Sundén, It’s, ” McLemore Organizations: CNN, British, Democratic National Conference, CBS, Milan Fashion, PBS, Democratic Rep, Supreme, Swedish Academy, Washington University, Getty, Södertörn University, , Stock Exchange, Fortune Locations: British, Newburgh, ” New York, Sweden, St, Louis , Missouri, Stockholm, AFP, America
CNN —With European soccer heading into its second international break of the season, league tables are starting to take shape. Spain’s La Liga: Barcelona ease to victory, injury woes for Real MadridRobert Lewandowski is a man in form. The Gunners were also forced to come from behind against Southampton after summer signing Cameron Archer gave the Saints the lead in the second half. Unacceptable second half. Fiorentina head coach Raffaele Palladino received a red card late on, as did Hernández, but the home side held on to clinch its second win of the season.
Persons: Real Madrid Robert Lewandowski, Lewandowski, Antonio Sivera, Hansi Flick –, Bayern Munich –, Lewy, ” Flick, “ He’s, Vincent West, Federico Valverde, Vinícius, Dani Carvajal, Carvajal, stretchered, Arne Slot –, Klopp –, Diogo Jota, Mateo Kovačić, Jérémy Doku, Rodrigo Muniz, Cameron Archer, Kai Havertz, Gabriel Martinelli, Erik ten Hag, Winger Brennan Johnson, James Maddison, Yankuba, Georginio Rutter, Danny Welbeck, Bryn Lennon, Ange Postecoglou, I’ve, We’ve, , Michael Olise, Kai Pfaffenbach, Omar Marmoush, Manuel Neuer, Bayer, Holstein, Victor Boniface, Jonas Hofmann, Max Geschwill, Fiete Arp, Gea, Fiorentina Goalkeeper David de Gea, De Gea, Moise Kean, , Milan –, Viola, Theo Hernández, Matteo Gabbia, brough, Tammy Abraham, Jennifer Lorenzini, Christian Pulisic, Albert Guðmundsson, Raffaele Palladino Organizations: CNN, Liga, Real Madrid, Barcelona, La Liga, Raphinha, Bayern Munich, Reuters, Villarreal, England’s Premier League, Tottenham, Manchester City, Arsenal, Premier League, Klopp, Klopp – Liverpool, Crystal, Reds, City, Fulham, Gunners, Southampton, Liverpool . Manchester United, Aston Villa, Brighton’s American, Sunday, Spurs, Brighton, ” Spurs, Sky Sports, Bundesliga, Bayern, Leverkusen, Leipzig, Eintracht Frankfurt, Bavarian, Bayer Leverkusen, Holstein Kiel, Serie, Fiorentina Goalkeeper, Fiorentina, AC Milan, Manchester United, Milan, Reuters American Locations: Europe’s, Barcelona, Polish, La, Madrid, Liverpool, Portuguese, City, Holstein Kiel .
Sweden registered 81,301 asylum seekers in 2014, data shows. Jonas Ekstromer | Afp | Getty Images"It pains me that Sweden is no longer capable of receiving asylum seekers at the high level we do today. Since then, Sweden's immigration policy has been on a one-way street. A decade ago, all member states of the European Union were encouraged to welcome asylum seekers and refugees fleeing conflict zones in the Middle East, notably Syria but also Iraq and Afghanistan. This year, Sweden is expected to have its lowest number of asylum seekers since 1997.
Persons: Laurie Noble, Sweden's, Fredrik Reinfeldt, Jonas Ekstromer, Stefan Löfven, Jimmie Akesson, Ulf Kristersson, Ebba Busch, Johan Pehrson, Kristersson, Linnea Rheborg, Jacob Lind, " Lind, Lind, Lesbos Spencer Platt, Migration Maria Malmer Stenergard Organizations: Stone, Getty, Afp, Sweden Democrats, Sweden, Moderate, Liberal, Christian Democrats, Malmö University, CNBC, European, UN Refugee Agency, Swedish Migration Agency, EU, Migration, Nurphoto Locations: Stockholm, Sweden, Europe, Syria, Malmo, Iraq, Iran, Somalia, Afghanistan, Swedish, Sundbyberg, Germany, Lesbos, Stockholm City
JPMorgan sees the stock drifting even lower, by as much as 48% to its $130 price target. AdvertisementJPMorgan raised its price target for Tesla stock — but the bank still sees shares of Elon Musk's electric carmaker falling almost 50% in the coming year. Tesla stock is down 7% since it reported third-quarter vehicle deliveries on Wednesday, but JPMorgan thinks it can go much lower. In a Thursday note, the bank set its December 2025 Tesla stock price target to $130, representing potential downside of 48% from Wednesday's close. AdvertisementJonas has a $310 price target for Tesla stock, more than double Brinkman's $130 target.
Persons: Tesla, , Ryan Brinkman, Brinkman, Dan Ives, Elon Musk, that's, Adam Jonas, Morgan Stanley, Jonas Organizations: JPMorgan, Service, Elon, Wall, Toyota Locations: Wednesday's
The recent hype lifted Tesla's stock into positive territory for the year, and it's now up nearly 5% in 2024. A high-risk, high-reward venture Analysts polled by LSEG have a consensus price target of $210.71 on Tesla shares, implying a decline of 19% from Friday's close. "We believe widescale Tesla robotaxi deployment is unlikely in the coming years," Spak added. Still, the bull case around Tesla's robotaxi ambitions highlights the company's potential to provide cost-effective technology. Morgan Stanley analyst Adam Jonas is a Tesla bull with an overweight rating and a $310 price target — reflecting 19% upside.
Persons: it's, It's, Tesla, CFRA's Garrett Nelson, I've, Nelson, Bernstein, Nikhil Devnani, Joseph Spak, Spak, Tesla's, Elon, Bernstein's Devnani, Goldman Sachs, Mark Delaney, Morgan Stanley, Adam Jonas, Jonas, hasn't, CFRA's Nelson, Nelson's, Morgan Stanley's Jonas Organizations: Investors, Tesla, CNBC, LSEG, UBS, Guggenheim, Vehicle Passenger Service Locations: Los Angeles, U.S, Europe, China, Friday's, United States
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