A group of more than 3,000 auto dealers said in a letter to the White House that a majority of US consumers aren't ready to make the shift to EVs.
Tesla (TSLA) shareholder Ross Gerber calls CEO Elon Musk's retaliatory remarks "sad,' as the owner of X lashed out at advertisers fleeing the platform over Musk's endorsement of antisemitic posts. Gerber, the CEO of Gerber Kawasaki Wealth and Investment Management, argues that as a prominent public figure, Musk must watch his words more carefully, failing to do so in this instance. He notes Musk’s explicit social media outburst diminished attention to Tesla’s Cybertruck unveiling. Gerber believes the resulting backlash also stresses investors amid fears it could ultimately impact operations. "Frankly, I think Tesla shareholders need to asses that we're on this boat and we have no control of the boat. And the guy piloting the boat has a lot of other boats. And that's just a fact," Gerber tells Yahoo Finance. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
In this piece, we will take a look at JP Morgan’s top 15 stock picks for 2023 and most recent stock picks. If you want to skip our introduction to the world’s biggest bank in terms of assets, its latest performance, and other details, then check out JP Morgan’s Top 5 Stock Picks for 2023. […]