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Pierre Ferragu Takes Apple To Task For Dismissing The AI Revolution: 'Has Its Head In The Sand'
Monday, June 9, 2025 - 1:00am | 777On Sunday, Pierre Ferragu, an analyst at New Street Research, criticized Apple Inc.'s (NASDAQ:AAPL) research paper on Large Reasoning Models (LRMs), calling the company's approach to the AI revolution misguided. What Happened: Ferragu shared his thoughts on X, formerly Twitter, stating, "...
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Elon Musk Equates Car Ownership In Future To Riding A Horse While Using A Flip Phone — Pierre Ferragu Says Tesla's 'iPhone Moment' Hinges On Full Autonomy
Wednesday, April 23, 2025 - 12:56am | 864On Tuesday, during Tesla Inc.'s (NASDAQ:TSLA) first-quarter earnings call, CEO Elon Musk predicted that car ownership will soon become obsolete. What Happened: Musk said that most people will no longer buy cars in the future, framing the shift as an inevitable change. He compared traditional...
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Tesla's FSD And OpenAI's O3 Model Signal 'Year Zero Of The AI Era,' Says Analyst Pierre Ferragu
Monday, December 30, 2024 - 10:10pm | 586New Street Research analyst Pierre Ferragu predicts 2025 will mark the beginning of a new artificial intelligence era, citing breakthrough developments in Tesla Inc.‘s (NASDAQ:TSLA) Full Self-Driving technology and OpenAI’s latest O3 model. What Happened: In a detailed research note,...
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Elon Musk's DOGE Role In Government Set For 'Fascinating Tough Fight,' Says Analyst — Walter Isaacson Sees Challenges For Tesla CEO's Federal Path
Thursday, December 19, 2024 - 11:55pm | 701New Street Research analyst Pierre Ferragu has expressed support for Tesla Inc. CEO Elon Musk‘s upcoming role in the newly announced Department of Government Efficiency while acknowledging the challenges ahead in reforming federal operations. What Happened: “Will be fascinating to see...
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Pierre Ferragu Says 'Robotaxi Never Felt That Close Ever Before' After Tesla Drove Through Challenging Roads With No Intervention
Monday, November 18, 2024 - 3:45am | 652A prominent Wall Street analyst has reported a milestone for Tesla Inc.’s (NASDAQ:TSLA) Full Self-Driving technology, completing an unassisted journey from Manhattan to Connecticut, marking a notable advancement in the company’s autonomous driving capabilities. What Happened: Pierre...
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Tesla's Future Valuation: Analyst Pierre Ferragu Unveils Scenarios Ranging From $1.4 To $4.7 Trillion Based On FSD, Robotaxi Success
Thursday, October 10, 2024 - 2:20am | 1150A leading Wall Street analyst has unveiled a comprehensive analysis of Tesla Inc.‘s (NASDAQ:TSLA) potential in the robotaxi market, presenting five distinct scenarios that could shape the electric vehicle maker’s future valuation. What Happened: Pierre Ferragu, lead analyst at New...
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Nvidia Gets Rare Downgrade Over Concerns That Demand Is Normalizing 'In Line With Expectations:' Stock 'Getting Fully Valued'
Saturday, July 6, 2024 - 12:16am | 863Nvidia Corp. (NASDAQ:NVDA) has received a rare downgrade from New Street Research, with the analyst citing concerns about the stock’s overvaluation. What Happened: New Street Research analyst Pierre Ferragu downgraded Nvidia’s stock from buy to neutral, citing that the stock is "getting...
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AMD Shares Surge Premarket, Setting Sights On All-Time Highs: What's Powering Rally?
Wednesday, January 24, 2024 - 6:54am | 294Shares of Advances Micro Devices, Inc. (NASDAQ:AMD) rallied strongly in premarket trading on Wednesday as they fell off the all-time closing high of $174.23 reached on Friday. The premarket strength is apparently in reaction a positive analyst action. Late Tuesday, New Street Research analyst...
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Not Cybertruck, But This EV Is Ray Of Hope For Tesla's Continued Success, Says Analyst
Wednesday, November 15, 2023 - 5:10am | 546Tesla, Inc.‘s (NASDAQ:TSLA) fundamentals have suffered this year amid the lukewarm demand outlook and the impact of successive price cuts on margins. An analyst on Tuesday outlined what the company needs to do to get its fundamentals back on track and taste continued success. What Happened...
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Why Did Tesla CFO Quit? Musk Cites 'Long Tour Of Duty,' But 2 Analysts Have Their Own Theories
Tuesday, August 8, 2023 - 3:55am | 723Tesla, Inc.'s (NASDAQ:TSLA) longtime CFO Zachary Kirkhorn, who went by the official designation of “Master of Coin” announced Monday his decision to leave after a 13-year stint at the company. Boss Responds: Tesla CEO Elon Musk weighed in on the departure of one of his longstanding...
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Ahead Of Tesla's Q2 Results, Analyst Says To Brace For Short-Term Margin Disappointment But 'Also A Good Recovery Beyond'
Sunday, July 16, 2023 - 9:52am | 481Tesla, Inc. (NASDAQ:TSLA) is scheduled to release its second-quarter results after the market closes on Wednesday. Ahead of the results, New Street Research analyst Pierre Ferragu commented on the company’s margins, which have become a concern due to the discounts the company offered during...
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Tesla's Rumored Model 2 Sedan Could Catapult EV Maker's Revenue To $400B By 2030, Analyst Predicts Ahead of Investor Day
Monday, February 27, 2023 - 7:57am | 491Most Tesla Inc. (NASDAQ: TSLA) bulls have lamented about a lack of a sub-$30,000 car in the electric vehicle maker’s product pipeline. Ahead of the company’s March 1 Investor Day, New Street Research analyst Pierre Ferragu shared his thoughts on a budget model. What Happened: The...
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Tesla's China Price Cuts Spark Stock Plunge Over Margin Worries — But Analysts Say It's Actually A 'Smart Move'
Friday, January 6, 2023 - 9:33am | 586Analysts largely welcomed Tesla Inc.’s (NASDAQ: TSLA) decision to cut vehicle prices yet again in China. The company’s updated pricing on its China website showed the reductions range between 5.7% and 13.5%. Tesla’s Margins Resilient: Pierre Ferragu of New Street Research...
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Why This Apple Stock Analyst Is Bearish: 'Expect Limited Innovation In The Next iPhone'
Friday, May 28, 2021 - 11:21am | 424Apple Inc (NASDAQ: AAPL) shares were trading mostly flat on Friday and have underwhelmed so far in 2021 after a big run last year. On Friday, one analyst downgraded Apple and said the iPhone maker’s troubles have just begun. The Apple Analyst: New Street Research analyst Pierre Ferragu...
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3 Reasons Why Elon Musk 'Deserves' To Be The World's Richest Person
Monday, January 11, 2021 - 4:52pm | 393Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is the world's richest person with a net worth of around $209 billion and he certainly earned the prestigious title, New Street Research's Pierre Ferragu said in a Fox Business interview. 1. Changing The World: Musk is at the forefront of transitioning...