Plug Power CEO Makes Case for Hydrogen As the Future of Energy
Andy Marsh, CEO of Plug Power, discusses the role of hydrogen fuel in electric vehicles, expansion into on-road vehicles and air travel, hydrogen vs. electric batteries, and similarities between Plug Power’s business model with SpaceX and Tesla.
Why Tesla’s Profit Win Streak Matters and Makes It Look Like Amazon
Tesla shares continue to defy gravity following a beat on Q2 expectations. Revenues for the quarter were $6 billion, above consensus of $5.2 billion. The big story, though, is that Tesla notched its 4th consecutive quarter for the first time ever. Non-GAAP EPS was $2.18 vs. consensus loss of $0.48.
Nikola Upgraded to Overweight by JPM on Potential of Hydrogen Economy
Shares of Nikola are attractive after falling 40 percent in July month-to-date, according to JPMorgan. The firm upgraded the electric trucking company to OVERWEIGHT from NEUTRAL, and reiterated its $45 price target.
Controversial Trucking Company Nikola Scores Bullish Call from Wall Street
Nikola, the auto company with a $23 billion valuation and zero revenue, has won over a new bull on Wall Street. Cowen’s Jeffrey Osborne initiated coverage of Nikola with an OUTPERFORM rating and a price target of $79. The PT is based on 2025 sales.
Tesla Investor Ross Gerber on Model Y, Battery Tech, Nikola, and More
Tesla’s meteoric rise past $1,000 a share sparked downgrades from Goldman Sachs and Morgan Stanley, but investors focused on the long-term story of Tesla should not get distracted by near-term commentary about valuation, according to notable Tesla investor Ross Gerber.