The Water Coolest is a free daily business news and professional advice email newsletter created for weekday warriors that is delivered fresh daily at 6 AM EST. Signup here to receive The Water Coolest every weekday. THE HEADLINES GUESS WHO’S BACK iStockph…
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Month: June 2019
Credit Suisse initiates Tesla coverage, sees 15% downside amid competition
Analysts at Credit Suisse initiated coverage of Tesla Wednesday with a relatively bearish outlook on the electric vehicle maker, thanks in part to ambitious, old-school competitors like Volkswagen. Analyst Dan Levy came out with a $189 price target roughly 1…
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What to watch today: China trade and Boeing stock, and more 2020 Democrats debate
U.S. stock futures were under pressure this morning, with a nearly 2% drop in Boeing (BA) shares on new safety concerns creating about a 50-point drag on Dow futures. Investors are also focusing on U.S.-China tensions as The Wall Street Journal reports that C…
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Uzbekistan is seriously compelling
Last week when I was in Japan, I met up with an old friend of mine who is a senior executive at one of the worlds largest automobile manufacturers. Hes one of the top people in the organization– reports to the CEO, flies around on the corporate jet, the whol…
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Tesla: Sales record within reach but deliveries are problem
Tesla is close to setting a quarterly record for deliveries, but the company is having trouble shipping vehicles to the right places as the second quarter comes to a close, CEO Elon Musk told workers in an internal memo. Musk wrote that the company could bre…
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