Esha Dey

Business, Technology, Equipment, Autonomous

Tesla Zealotry on Street Fades as Focus Shifts to Fundamentals

Tesla Musk via Patrick T. Fallon/Bloomberg News

The perpetual war between Tesla Inc.’s bears and bulls may finally be simmering down.

Esha Dey | Bloomberg News
December 13, 2019
Business, Technology

Barclays: Uber, Lyft ‘Well Positioned’ to Turn a Profit

Uber app The Uber app is seen open on a cellphone in London on Nov. 25, 2019. (Kirsty Wigglesworth/Associated Press)

A new analysis by Barclays Capital of about 2.4 billion taxi and ride-hailing trips in New York City addresses the biggest question investors have about Uber Technologies Inc. and Lyft Inc. When will they turn a profit?

Esha Dey | Bloomberg News
December 10, 2019
Business, Logistics

GM Strike May Have Cost Over $1 Billion So Far, JPMorgan Says

General Motors Anthony Lanzilote/Bloomberg News

The workers strike at General Motors Co., currently in its third week, already may have cost the carmaker over $1 billion, JPMorgan analyst Ryan Brinkman wrote in a note to clients.

Esha Dey | Bloomberg News
October 1, 2019
Business, Technology

Tesla’s ‘Low-Controversy Execution’ Earns Praise From Analyst

Tesla is quietly drawing some praise from analysts. A Tesla showroom. (David Paul Morris/Bloomberg News)

Tesla Inc.’s recent progress in a few key initiatives while showing increased efficiency in fulfilling its global order book — all in a relatively quiet manner — is music to the ears of one analyst.

Esha Dey | Bloomberg News
September 3, 2019
Business, Technology

Tesla Analysts Warn on Demand, Profits as Quarter Nears End

Tesla Justin Chin/Bloomberg News

The concerns around the demand for Tesla Inc.’s cars are resurfacing as the second quarter nears a close, with Goldman Sachs analyst David Tamberrino saying volume estimates for the second half of the year and beyond appear to be high, considering there are now fewer “levers to pull to stoke demand going forward.”

Esha Dey | Bloomberg News
June 20, 2019
Business, Logistics, Top 100

FedEx May See Lackluster Results Lingering Into Next Year

FedEx Truck Scott McIntyre/Bloomberg News

FedEx Corp.’s pains are far from over. Expectations from its upcoming fiscal fourth-quarter results already have hit rock bottom, and now analysts say its entanglement in the prolonged U.S.-China trade war may dampen the outlook for the next year as well.

Esha Dey | Bloomberg News
June 20, 2019
Business, Technology Craters Without Postal Service Partnership

Packages Andrew Harrer/Bloomberg News plunged 48% in pre-market trading May 9, poised to drop to a five-year low, after the company slashed its profit outlook for the full year, fueling investor concerns about its ability to protect margins in the absence of a key partnership with the U.S. Postal Service.

Esha Dey | Bloomberg News
May 9, 2019
Business, Fuel

Tesla Loses Another Bull as Analyst Dubs Period ‘Top Debacle’

A Tesla Inc. Model S electric vehicle A Tesla Inc. Model S electric vehicle on display at a showroom in Hong Kong, China. (Justin Chin/Bloomberg News)

Tesla Inc.’s latest first quarter was “one of top debacles” ever seen in 20 years of covering tech stocks on the Street, Wedbush analyst Daniel Ives said April 25.

Esha Dey | Bloomberg News
April 25, 2019
Business, Technology

Soft Demand Expected for Tesla Model 3 Until Price Drops

Tesla Patrick T. Fallon/Bloomberg News

Demand for Tesla Inc.’s Model 3 sedan is expected to remain soft in the United States until the release of the lower-priced $35,000 model next quarter, Cowen analyst Jeffrey Osborne said.

Esha Dey | Bloomberg News
March 22, 2019
Business, Technology, Equipment

Spotlight Shines on Pickup Trucks as Electric Vehicle Race Expands

Pickup A Rivian Automotive R1T electric pickup truck. (Patrick T. Fallon/Bloomberg News)

Plug-in pickup trucks look to be the next frontier in the budding electric vehicle industry as startup Rivian Automotive is said to be in talks with General Motors Co. and

Esha Dey | Bloomberg News
February 13, 2019