Pierre Ferragu

New Street Research analyst Pierre Ferragu on Wednesday noted that the buybacks announced by automakers recently are reminiscent of the now-obsolete Canadian smartphone maker Blackberry. What Happened: “All these car manufacturers buying back shares… this will end in tears. Reminds me of...

Tesla, Inc.‘s (NASDAQ:TSLA) fundamentals have suffered this year amid the lukewarm demand outlook and the impact of successive price cuts on margins. An analyst on Tuesday outlined what the company needs to do to get its fundamentals back on track and taste continued success. What Happened...

Tesla, Inc.'s (NASDAQ:TSLA) longtime CFO Zachary Kirkhorn, who went by the official designation of “Master of Coin” announced Monday his decision to leave after a 13-year stint at the company. Boss Responds: Tesla CEO Elon Musk weighed in on the departure of one of his longstanding...

Tesla, Inc. (NASDAQ:TSLA) is scheduled to release its second-quarter results after the market closes on Wednesday. Ahead of the results, New Street Research analyst Pierre Ferragu commented on the company’s margins, which have become a concern due to the discounts the company offered during...

Most Tesla Inc. (NASDAQ: TSLA) bulls have lamented about a lack of a sub-$30,000 car in the electric vehicle maker’s product pipeline. Ahead of the company’s March 1 Investor Day, New Street Research analyst Pierre Ferragu shared his thoughts on a budget model. What Happened: The...

Tesla Inc. (NASDAQ: TSLA) is the frontrunner in the electric vehicle race and the company has built a formidable scale and infrastructure in a capital-intensive industry that is tough for others to replicate. What Happened: Customers driving an electric car that is not a Tesla are clearly at...

Analysts largely welcomed Tesla Inc.’s (NASDAQ: TSLA) decision to cut vehicle prices yet again in China. The company’s updated pricing on its China website showed the reductions range between 5.7% and 13.5%. Tesla’s Margins Resilient: Pierre Ferragu of New Street Research...

Tesla Inc. (NASDAQ: TSLA) stock's weakness is due to a confluence of factors, New Street Research analyst Pierre Ferragu said on Thursday. The Pushbacks: Tesla shares have lost over 50% in the year-to-date period, underperforming the broader market and the tech sector. About two-thirds of the...

NVIDIA Corp (NASDAQ: NVDA) shares are trading higher Wednesday following an analyst upgrade.  New Street Research analyst Pierre Ferragu upgraded Nvidia from a Neutral rating to a Buy rating and announced a $280 price target. According to several reports, Ferragu believes...

Tesla, Inc. (NASDAQ: TSLA) shares barely budged despite all the hype surrounding the Cyber Rodeo event held this week. All the same, one analyst is confident that the stock will hit top gear and keep rising over the next decade. What Happened: Tesla stock will go from a market capitalization of a...

Tesla, Inc. (NASDAQ: TSLA) has a thriving EV manufacturing business, thanks to CEO Elon Musk's vision and its early mover advantage. Indications from the Tesla chief suggest that a few years from now, the company may not look anything like it currently does. What Happened: Musk concurred...

Apple, Inc. (NASDAQ: AAPL) reported strong quarterly results on Thursday, which showed broad-based strength across product categories and geographies. Apple shares had 24 Buy recommendations, 4 Hold ratings and 1 Sell rating ahead of its quarterly results, according to data compiled by TipRanks....

EV stocks had a mixed outing in the week ending Dec. 10, as buying set in motion by bargain hunting after the previous week's declines was tempered by some stock-specific negative news. Here are the key events that happened in the EV space during the week: Tesla: China Sales Soften,...

Apple Inc (NASDAQ: AAPL) shares were trading mostly flat on Friday and have underwhelmed so far in 2021 after a big run last year. On Friday, one analyst downgraded Apple and said the iPhone maker’s troubles have just begun. The Apple Analyst: New Street Research analyst Pierre Ferragu...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk is the world's richest person with a net worth of around $209 billion and he certainly earned the prestigious title, New Street Research's Pierre Ferragu said in a Fox Business interview. 1. Changing The World: Musk is at the forefront of transitioning...