Investor Ross Gerber of Gerber Kawasaki thinks that Tesla’s rumored affordable model would be a Cybercab fit with driver inputs. A Cybercab With A Steering Wheel In a post on X on Thursday, Gerber quoted a report by Reuters that shed light on a possible affordable vehicle being developed by the EV giant. “A Tesla cybercab with a steering wheel… they'll say anything at this point…” Gerber said in t...
Investor Ross Gerber of Gerber Kawasaki thinks that Tesla’s rumored affordable model would be a Cybercab fit with driver inputs. A Cybercab With A Steering Wheel In a post on X on Thursday, Gerber quoted a report by Reuters that shed light on a possible affordable vehicle being developed by the EV giant. “A Tesla cybercab with a steering wheel… they'll say anything at this point…” Gerber said in the post, seemingly criticizing Tesla for its possible pivot. A Tesla cybercab with a steering wheel…
Bill Ackman has been making a lot of moves recently. Last month, his hedge fund filed IPO paperwork for a dual offering, establishing a new closed-end Pershing Square fund while bringing his hedge fund management company to the public market. This month, he offered a takeover bid for Universal Music Group with plans to re-list it on a U.S. exchange. (Pershing Square already owns a sizable stake in...
Bill Ackman has been making a lot of moves recently. Last month, his hedge fund filed IPO paperwork for a dual offering, establishing a new closed-end Pershing Square fund while bringing his hedge fund management company to the public market. This month, he offered a takeover bid for Universal Music Group with plans to re-list it on a U.S. exchange. (Pershing Square already owns a sizable stake in Universal.) But investors don't have to invest directly with Ackman to take advantage of his best ideas. The value investor manages a portfolio with just 13 stock positions, and he generally holds positions for a long time. Investors can use public disclosures to learn about and capitalize on his best ideas. His portfolio is particularly concentrated among just a few names, with 39% of Pershing Square's $17.7 billion portfolio held in the stocks of three stellar companies. Image source: Getty Images. Continue reading
Qatar announced the full return of navigation for all maritime vessels and ships from Sunday in its waters, according to its transport ministry. Ships will be able to navigate from 6 a.m. to 6 p.m. local time, the ministry said in a statement on X . The move comes as oil and gas markets closely monitor ongoing talks between the US and Iran in Pakistan, and wait for any indication that the conflict...
Qatar announced the full return of navigation for all maritime vessels and ships from Sunday in its waters, according to its transport ministry. Ships will be able to navigate from 6 a.m. to 6 p.m. local time, the ministry said in a statement on X . The move comes as oil and gas markets closely monitor ongoing talks between the US and Iran in Pakistan, and wait for any indication that the conflict in the region will ease. Read More: Three Oil Supertankers Sail Through the Strait of Hormuz Qatar shut the world’s largest LNG export plant following an Iranian attack in early March, and its tankers have not passed through the Strait of Hormuz since the waterway effectively shut over a month ago due to the war.