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TSLA

Ross Gerber, a Tesla investor, believes the upcoming Cybertruck will be the 'most impactful vehicle' and urges Elon Musk to concentrate on Tesla full-time. Gerber praised Tesla's pricing strategy and its role in transforming the automotive industry. He anticipates the need for increased Cybertruck production once launched. Gerber also criticized Musk's recent behavior, including the endorsement of an antisemitic claim, as harmful to Tesla's brand.

Portfolio Pulse from pooja@benzinga.com

December 06, 2023 | 5:31 am

TSLA

Tesla Inc (NASDAQ:TSLA) experienced a significant decline in vehicle registrations in the UK for November, with only 1,648 vehicles registered compared to 6,025 in the same month last year, a drop of nearly 73%. This decrease has also affected Tesla's market share, which is now at 1.05%. Despite the Model Y's absence from the top ten best-seller list for November, it remains the sixth best-selling car year-to-date in the UK. Overall BEV registrations fell by 17.1% year-on-year, but year-to-date BEV registrations are up 27.%. The SMMT suggests that recovery depends on fiscal incentives and investment in charging infrastructure.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 5:28 am

BTCUSD

DOGEUSD

FLOKIUSD

SHIBUSD

Floki (FLOKI) experienced a 16% increase in value, outperforming other meme cryptocurrencies like Dogecoin (DOGE) and Shiba Inu (SHIB). The surge followed an AMA with Floki's Head of Operations, B, who discussed the strategic importance of the Valhalla game and the TokenFi platform. B highlighted the need for perfect market conditions for Valhalla's mainnet launch and suggested that it is more critical than a Binance listing. The article also mentions Bitcoin's (BTC) recent peak and the potential influences on FLOKI's performance, including Bitcoin ETF approval, the Bitcoin Halving, and possible FED rate cuts. TokenFi (TOKEN), a Floki-related project, also saw a 19% increase in its value.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 4:42 am

AAPL

DIS

NFLX

WBD

Verizon Communications Inc. (NYSE:VZ) is offering a new bundle including Netflix and Max for $10 a month, a discount of $7 from their combined individual subscription costs. The bundle is available to Verizon myPlan customers, with the cheapest plan starting at $75 per month. The offer also includes a Disney bundle for $10 and an option for a comprehensive package with Netflix, Max, Disney Plus, Hulu, and ESPN for $20 per month. Verizon's myPlan also offers options with Apple Inc.'s (NASDAQ:AAPL) One subscription and a Walmart+ membership.

Portfolio Pulse from Rounak Jain

December 06, 2023 | 4:17 am

GOOG

GOOGL

Google has announced a holiday season deal on the Pixel 8 Pro, offering a $200 discount plus an additional $700 cashback for Google Fi subscribers, effectively pricing the phone at $99. The Pixel 8 Pro features a 6.7-inch OLED display, camera upgrades including a 50MP primary camera, and a 5,050mAh battery with fast charging.

Portfolio Pulse from Rounak Jain

December 06, 2023 | 4:12 am

COIN

Coinbase Inc (NASDAQ:COIN) has introduced a new service that allows users to send cryptocurrencies like Bitcoin and Ethereum through various communication platforms such as WhatsApp, Telegram, TikTok, and social media apps with a simple link. This service simplifies the process of transferring cryptocurrencies, which previously involved logging into an exchange and waiting for confirmations. The funds can be claimed through the Coinbase Wallet app, and if unclaimed after two weeks, they are returned to the sender. Coinbase's stock has surged almost 290% this year, despite a slight drop of 0.63% on Tuesday.

Portfolio Pulse from Mehab Qureshi

December 06, 2023 | 3:54 am

MSFT

Elon Musk's AI venture, xAI, is seeking to raise $1 billion in equity funding and has already secured nearly $135 million from four investors. The company, which launched a chatbot named Grok, aims to compete with other AI firms. Musk, who also owns X (formerly Twitter), announced that equity investors in X will have a 25% stake in xAI. Microsoft Corporation (NASDAQ:MSFT) has invested approximately $13 billion in OpenAI, a company Musk co-founded and left. Musk has criticized OpenAI and called for a pause in training powerful AI models.

Portfolio Pulse from Ananya Gairola

December 06, 2023 | 3:40 am

TSLA

Elon Musk, CEO of Tesla Inc, has claimed that the Cybertruck is safer for both occupants and pedestrians. Musk responded to concerns about the vehicle's safety for pedestrians by expressing high confidence in its safety features. The Cybertruck, with a steel exterior and shatter-resistant armor glass windows, has been demonstrated to withstand various firearm impacts. Tesla has started delivering the Cybertruck and aims to deliver approximately 250,000 units annually by 2025. The vehicle's pricing starts at $60,990, with the premium Cyberbeast model starting at $99,990.

Portfolio Pulse from Anan Ashraf

December 06, 2023 | 3:02 am

ASAN

COIN

MDB

NIO

RIOT

On Tuesday, U.S. stocks showed mixed results with the Nasdaq Composite rising and the Dow falling. MongoDB, NIO, Coinbase, Asana, and Riot Blockchain were among the top stocks gaining investor interest. MongoDB reported a 30% increase in Q3 revenue, NIO saw a surge in EV deliveries, Coinbase received a raised price target from Needham, Asana reported a narrower quarterly loss with increased sales, and Riot Blockchain benefited from Bitcoin's price rally.

Portfolio Pulse from Benzinga Neuro

December 06, 2023 | 1:49 am

BYDDY

TSLA

Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), hinted at a revolutionary manufacturing process for an upcoming low-cost, high-volume Tesla vehicle, potentially priced at $25,000. Musk reviews the production line plans weekly and anticipates the vehicle will initially be produced at Giga Texas, then at Giga Mexico. He believes the future is electric and compares companies not transitioning to EVs to buggy manufacturers in the age of automobiles. Tesla shares closed at $238.72, up 120% YTD.

Portfolio Pulse from Chris Katje

December 05, 2023 | 11:23 pm