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blockonomi.com Former Stellantis CEO Predicts Tesla May Exit Automotive Industry Within 10 Years

TLDR Tesla (TSLA) stock dropped 3.4% to $433.71 after former Stellantis CEO Carl-Peter Forster warned the company may not survive the next 10 years. Chinese competitor BYD overtook Tesla in global EV sales, while Tesla’s China market share plunged from 16% in 2020 to 5% today. Tesla missed profit expectations for the fourth straight quarter [...] The post Former Stellantis CEO Predicts Tesla May Exit Automotive Industry Within 10 Years appeared first on Blockonomi.

blockonomi.com Can Nvidia Break Through $200 Before Q3 Earnings?

TLDR Nvidia stock climbed 4.3% to $190.08 on October 27 driven by continued investor enthusiasm for AI infrastructure. Top investor Keithen Drury remains bullish but warns that future growth potential may already be priced into current levels. The stock is trading above key moving averages but faces immediate resistance near the $195-$200 all-time high zone. [...] The post Can Nvidia Break Through $200 Before Q3 Earnings? appeared first on Blockonomi.