Money

Musk is playing chess while others play checkers

Published

11 months ago

June 13, 2023

ticker NEWS

Tesla is hitting record highs as the stock rises and the company hits its highest closing price since October

A new record for Tesla’s longest winning streak was set as the stock rose for the 12th straight session.

Tesla can thank its rivals Ford and GM for the good news.

Ford announced in May that its electric vehicle customers would be able to charge at Tesla’s charging stations from 2024 onwards.

Last week, GM announced a similar agreement.

Blink Charging, ChargePoint, and Tritium announced they will offer Tesla-compatible chargers too.

As Tesla seeks to become the standard for electric vehicles, this news bolsters optimism over its charging infrastructure.

This pushes Tesla’s charging stations to the top spot.

Wedbush raised its price target for Tesla stock to $300 from $215, estimating an additional $3 billion in revenue to come from the GM and Ford deals.

Estimates show Tesla’s charging-network revenue could reach $9.65 billion by 2032, with more than half coming from other electric vehicle manufacturers.

Money

Will Australia’s foreign investment rule create an economic boost?

Published

2 days ago

May 8, 2024

Nathan Langridge

Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

Money

Research key to investment success

Published

4 days ago

May 6, 2024

ticker NEWS

What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

Money

Why “stagflation” will be the greatest financial threat of 2024

Published

4 days ago

May 6, 2024

Nathan Langridge

With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured