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Why This Tesla Bear Still Sees A 60% Crash In The EV Maker's Stock

by The Wealth Advisor Contributor
(Yahoo! Finance) - Hardcore Tesla bear Ryan Brinkman at JPMorgan is still on patrol in the wake of the electric vehicle maker's earnings on Wednesday night.In a new note on Friday, Brinkman stayed the course with what is one of Wall Street's most bearish calls on Tesla. Brinkman maintained an Underweight rating on Tesla's stock (Sell rating equivalent) and a $145 price target, which assumes 61% downside in the stock from current levels.

Featured

Kevin Warsh Outlines A Potential Shift In How The Fed Measures Inflation

Kevin Warsh, nominated by President Trump to serve as Chair of the Federal Reserve, used his Senate confirmation hearing to outline a potential shift in how the central bank evaluates inflation—an issue with direct implications for monetar

Why This Tesla Bear Still Sees A 60% Crash In The EV Maker's Stock

(Yahoo! Finance) - Hardcore Tesla bear Ryan Brinkman at JPMorgan is still on patrol in the wake of the electric vehicle maker's earnings on Wednesday night.

AI Is Rapidly Reshaping The Wealth Advisor Operating Environment

Artificial intelligence is rapidly reshaping the operating environment for wealth advisors, but its role remains most effective as an enhancer of human expertise rather than a replacement for it.

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TAMPs

Clermont Trust USA Goes Live on the SEI Wealth Platform

“Serving trust companies and regional and community banks has been integral to our business for more than 55 years, and we understand the increasing challenges they face in a dynamic and competitive wealth management landscape."

TAMPs

Flexible Plan Investments Launches FlexDirex

The FlexDirex strategies use Direxion leveraged and inverse single-stock ETFs, which seek daily leveraged or inverse exposure to an underlying security. Direxion is a leading provider of tactical ETFs.

Companies

Warren Buffett Will No Longer Write Annual Letter, Speak At Berkshire Hathaway Shareholder Meeting

Warren Buffett is "going quiet."

Washington Wire

The Math Behind Trump’s 50-Year Mortgage Gambit: Lower Payments Now, But Almost Double The Long-Term Costs

President Trump has floated 50-year mortgages as a way of improving housing affordability and bringing new life back to the deeply stuck market.

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Advisor Technology

Jump Expands Leadership Team To Accelerate Next Phase Of AI Operating System Growth

WealthTech

Citi Wealth Introduces AI-Powered Client Assistant Built on Google's Technology Stack

Retirement Channel

Medicare Strategy Must Be Implicated In The Broad Retirement Plan

Companies

American Express CEO On Blowout Earnings, Travel And $4 Gas Prices

News

Tesla Shares Jump After Earnings Beat on Margins, Profitability and Robotaxi Progress

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