Jefferies
Tesla robotaxis underperform in Austin despite discounts
AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि
A Jefferies analysis found Tesla's robotaxis in Austin cheaper than Uber but with longer wait times and suboptimal routes. The firm noted most rides still require safety monitors. Meanwhile, Tesla has made no progress toward driverless approvals in California.
Global tech giants are ramping up AI investments to record levels relative to operating cash flow, straining their finances. Jefferies analyst Chris Wood cautions that monetisation remains uncertain despite the spending boom. He warns the sector may mirror capital-intensive industries amid intensifying competition.
AI द्वारा रिपोर्ट किया गया
Christopher Wood, global head of equity strategy at Jefferies, has removed bitcoin from the firm's model portfolio, citing its likely peak price and threats from quantum computing. He replaced the allocation with gold investments, viewing the metal as a more secure store of value. This move comes as bitcoin enters a bear market following a strong 2025 rally.