Chevron CEO Mike Wirth talks about the impact of the war in Iran on oil prices. “They’re uncertain, unpredictable, they’re volatile. He speaks during a discussion at CERA Week in Houston. (Source: Bloomberg)
Chevron CEO Mike Wirth talks about the impact of the war in Iran on oil prices. “They’re uncertain, unpredictable, they’re volatile. He speaks during a discussion at CERA Week in Houston. (Source: Bloomberg)
Shareholders of Tronox Holdings PLC (Symbol: TROX) looking to boost their income beyond the stock's 2.7% annualized dividend yield can sell the August covered call at the $10 strike and collect the premium based on the 80 cents bid, which annualizes to an additional 25.9% rate of return against the current stock price (at Stock Options Channel we call this the), for a total of 28.6% annualized rat...
Shareholders of Tronox Holdings PLC (Symbol: TROX) looking to boost their income beyond the stock's 2.7% annualized dividend yield can sell the August covered call at the $10 strike and collect the premium based on the 80 cents bid, which annualizes to an additional 25.9% rate of return against the current stock price (at Stock Options Channel we call this the), for a total of 28.6% annualized rate in the scenario where the stock is not called away. Any upside above $10 would be lost if the stock rises there and is called away, but TROX shares would have to climb 33.9% from current levels for that to occur, meaning that in the scenario where the stock is called, the shareholder has earned a 44.6% return from this trading level, in addition to any dividends collected before the stock was called. In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Tronox Holdings PLC, looking at the dividend history chart for TROX below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 2.7% annualized dividend yield. Below is a chart showing TROX's trailing twelve month trading history, with the $10 strike highlighted in red: The chart above, and the stock's historical volatility, can be a helpful guide in combination with fundamental analysis to judge whether selling the August covered call at the $10 strike gives good reward for the risk of having given away the upside beyond $10. (Do most options expire worthless? This and six other common options myths debunked). We calculate the trailing twelve month volatility for Tronox Holdings PLC (considering the last 250 trading day closing values as well as today's price of $7.53) to be 95%. For other call options contract ideas at the various different available expirations, visit the TROX Stock Options page of StockOptionsChannel.com. In mid-afternoon trading on...
Few companies have created as much shareholder wealth as Nvidia (NVDA +2.36%). The industry-leading chipmaker has dominated the generative artificial intelligence (AI) hardware market with its cutting-edge products, high volumes, and popular programming platform, CUDA. To put Nvidia's growth in perspective, an investment of $10,000 made years ago would now be worth an eye-popping $2.21 million. Th...
Few companies have created as much shareholder wealth as Nvidia (NVDA +2.36%). The industry-leading chipmaker has dominated the generative artificial intelligence (AI) hardware market with its cutting-edge products, high volumes, and popular programming platform, CUDA. To put Nvidia's growth in perspective, an investment of $10,000 made years ago would now be worth an eye-popping $2.21 million. That's a return of over 22,000% compared to the S&P 500's gain of 292% over the same time frame. But does the stock still have what it takes to deliver life-changing returns for long-term investors? AI spending shows no signs of slowing Despite being the largest company in the world with a market cap of about $4.4 trillion, Nvidia is still growing at a massive clip. Fiscal fourth-quarter revenue soared 73% year over year to $68.1 billion, driven primarily by the data center segment, where customers continue to scramble for the company's cutting-edge AI training and inference chips, like Blackwell. There are plenty of signs that suggest Nvidia's momentum can continue over the next few quarters. The company is now in full production of its Vera Rubin platform, which includes seven new chips designed to tackle different aspects of the AI ecosystem. Perhaps more importantly, Nvidia's clients have plenty of money to spend on the company's latest products. Big tech is expected to spend a whopping $700 billion on AI data center hardware this year, creating a massive total addressable market. Can AI boost the gaming segment? Before generative AI and the data center segment stole the show, Nvidia was primarily a video gaming chipmaker. It's GPUs featured in the first-generation Microsoft Xbox in 2001, and its RTX line of computer graphics cards remains a staple for gamers who build their own PCs. That said, with fourth-quarter sales of $3.7 billion, this business represented just 5% of Nvidia's top line compared to 91% for the data center segment. That lack of diversification means Nv...
Key Points Analysts expect AI data center spending to continue soaring over the coming years. Can Nvidia capitalize on the AI trend to reinvigorate its gaming segment? 10 stocks we like better than Nvidia › Few companies have created as much shareholder wealth as Nvidia (NASDAQ: NVDA). The industry-leading chipmaker has dominated the generative artificial intelligence (AI) hardware market with its...
Key Points Analysts expect AI data center spending to continue soaring over the coming years. Can Nvidia capitalize on the AI trend to reinvigorate its gaming segment? 10 stocks we like better than Nvidia › Few companies have created as much shareholder wealth as Nvidia (NASDAQ: NVDA). The industry-leading chipmaker has dominated the generative artificial intelligence (AI) hardware market with its cutting-edge products, high volumes, and popular programming platform, CUDA. To put Nvidia's growth in perspective, an investment of $10,000 made years ago would now be worth an eye-popping $2.21 million. That's a return of over 22,000% compared to the S&P 500's gain of 292% over the same time frame. But does the stock still have what it takes to deliver life-changing returns for long-term investors? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » AI spending shows no signs of slowing Despite being the largest company in the world with a market cap of about $4.4 trillion, Nvidia is still growing at a massive clip. Fiscal fourth-quarter revenue soared 73% year over year to $68.1 billion, driven primarily by the data center segment, where customers continue to scramble for the company's cutting-edge AI training and inference chips, like Blackwell. There are plenty of signs that suggest Nvidia's momentum can continue over the next few quarters. The company is now in full production of its Vera Rubin platform, which includes seven new chips designed to tackle different aspects of the AI ecosystem. Perhaps more importantly, Nvidia's clients have plenty of money to spend on the company's latest products. Big tech is expected to spend a whopping $700 billion on AI data center hardware this year, creating a massive total addressable market. Can AI boost the gaming segment? Before generative AI and the data cente...
Eduardo Monroy Husillos/iStock via Getty Images Despite a promising partnership with a leading online health platform, Novo Nordisk A/S ( NVO ) has only slumped to new lows. The biopharma already has promising oral GLP-1 sales, but the market just isn't happy with the overall momentum of the business. My investment thesis is ultra Bullish on the stock following the further slump to multi-year lows...
Eduardo Monroy Husillos/iStock via Getty Images Despite a promising partnership with a leading online health platform, Novo Nordisk A/S ( NVO ) has only slumped to new lows. The biopharma already has promising oral GLP-1 sales, but the market just isn't happy with the overall momentum of the business. My investment thesis is ultra Bullish on the stock following the further slump to multi-year lows. Source: Finviz Hims & Hers Partnership A few weeks back, Novo Nordisk agreed to a partnership with Hims & Hers Health ( HIMS ) to offer semaglutide medicines through the telehealth platform. Hims had famously recently launched a copycat version of the Wegovy pill, leading to a lawsuit by Novo. The agreement puts the legal battle aside and lets the firms move forward, focusing on helping patients obtain weight-loss drugs. Hims had been a thorn in the side of Novo Nordisk, offering compound versions of the injections. The agreement provides Hims with access to these FDA-approved drugs: Ozempic (semaglutide) injections at 0.5 mg, 1 mg, and 2 mg Wegovy (semaglutide) tablets 1.5 mg, 4 mg, 9 mg, and 25 mg Wegovy injections at 0.25 mg, 0.5 mg, 1 mg, 1.7 mg, and 2.4 mg, A big key to the partnership is that Wegovy went from shortages in limited doses to a broad array of dosage options. In addition, Hims will still offer compounded versions to the limited number of patients unable to handle a branded dosage for whatever medical reason. Another part is that Wegovy was already in the works of obtaining FDA approvals for different dosages. The biopharma got the 7.2 mg injection approved last week, and it will be branded as Wegovy HD, where patients had an average weight loss of 20.7% over 72 weeks. Hims offers Novo Nordisk a now global marketing machine the European biopharma appears to lack. Hims has roughly 50% of the U.S. online health platform, more than double the next largest platform, while not having access to branded GLP-1s in 2025. Source: Hims & Hers Health Q4'25 Shareholde...
The Trump administration released TotalEnergies SE from $1 billion in offshore wind leases so the French energy giant can redirect those funds into oil and natural gas investments in the US. Under the agreement, Total is no longer committed to developing wind farms off the coasts of New York, New Jersey and North Carolina, Interior Secretary Doug Burgum said Monday at the CERAWeek by S&P Global co...
The Trump administration released TotalEnergies SE from $1 billion in offshore wind leases so the French energy giant can redirect those funds into oil and natural gas investments in the US. Under the agreement, Total is no longer committed to developing wind farms off the coasts of New York, New Jersey and North Carolina, Interior Secretary Doug Burgum said Monday at the CERAWeek by S&P Global conference in Houston. In return for the new fossil-energy investments, the US will reimburse TotalEnergies “dollar-for-dollar” up to the amount the company paid for the initial leases, according to an Interior Department statement. President Donald Trump ’s campaign against offshore wind is part of his wider effort to roll back Biden-era climate policies and to champion fossil fuels. His attempts to thwart construction of five wind farms at sea has been undermined by court decisions in recent months. Read More: Trump Administration to Appeal Offshore Wind Farm Rulings TotalEnergies Chief Executive Officer Patrick Pouyanne said Monday that the company will “accelerate” investments in US LNG. The US deal doesn’t impact the company’s commitment to wind on other nations, he added at the Monday media briefing in Houston. The French company — through its Attentive Energy LLC unit — was awarded a lease to develop more than 3 gigawatts of offshore wind power off New York and New Jersey — enough to provide renewable power to over 1 million homes across the two states. The license granted by the Biden administration in 2022 cost $795 million. Total subsequently sold a 44% stake in Attentive Energy to Macquarie Group Ltd ’s Corio Generation and Rise Light & Power for $420 million. Total was also awarded a 1-gigawatt lease offshore North Carolina for $160 million in 2022. The lease relinquishment discussion were previously reported by the New York Times.
Luis Enrique said his side’s 4-0 win over Nice “showed the kind of team that PSG are”. With Nuno Mendes at left-wing, Khvicha Kvaratskhelia playing as a No 9 and Lucas Beraldo coming on in midfield, it was unlike anything we have seen before. Yet, remarkably, it all felt so familiar. The dynamics within the game were nothing new. PSG continued to test the limits of positional fluidity, while Nice ...
Luis Enrique said his side’s 4-0 win over Nice “showed the kind of team that PSG are”. With Nuno Mendes at left-wing, Khvicha Kvaratskhelia playing as a No 9 and Lucas Beraldo coming on in midfield, it was unlike anything we have seen before. Yet, remarkably, it all felt so familiar. The dynamics within the game were nothing new. PSG continued to test the limits of positional fluidity, while Nice pushed the limits of their own rigidity by deploying what Nice centre-back Dante called a “team block”. PSG’s waspish front three of Mendes, Kvaratskhelia and Désiré Doué outmanoeuvred a Nice back three who are all over six-feet tall. While the rest of Ligue 1 have trended towards physicality, PSG have trended towards technicality, and there was only one winner at the Allianz Riviera. After a midweek win over Chelsea, much was made of PSG’s supposed freshness, the result of their game against Nantes being controversially postponed. But PSG’s real strength does not lie in the physical domain; in this season’s Champions League, they rank 28th for distance covered per match. Last season, they ranked 14th. Inter ranked first and we know how that finished. Given their lack of pre-season preparation due to the Club World Cup, and the mild injury crisis that ensued, this was never going to be a season when they would physically outmatch their opponents. But there are other ways to compete. To do so, Luis Enrique has begun to use Ligue 1 games as a laboratory. Not all of his prototypes will be rolled out in the Champions League but he learns something from every experiment. Mendes, for example, can play higher, as his goal and assist against Nice proved; and Beraldo can play midfield. “I am delighted to see a player with the technical quality to play in midfield. It was a great surprise,” said Luis Enrique. He can play this game of trial and error almost without consequence in Ligue 1, even if Lens remain within striking distance. Within this prototype, there were imperfections. Ni...
The uncertainty begins at the very top. Mojtaba Khamenei, who reportedly survived the strike that killed his father and several close family members, has since been named as the new leader. Yet he has not appeared in public. Beyond two written messages, nothing has been seen or heard from him.
The uncertainty begins at the very top. Mojtaba Khamenei, who reportedly survived the strike that killed his father and several close family members, has since been named as the new leader. Yet he has not appeared in public. Beyond two written messages, nothing has been seen or heard from him.
The role of Israel’s hijacking of Iran’s street cameras in the killing of the country’s supreme leader underscores how surveillance systems are increasingly being targeted by adversaries in wartime. Hundreds of millions of cameras have been installed above shops, in homes and on street corners across the world, many connected to the internet and poorly secured. Recent advances in artificial intell...
The role of Israel’s hijacking of Iran’s street cameras in the killing of the country’s supreme leader underscores how surveillance systems are increasingly being targeted by adversaries in wartime. Hundreds of millions of cameras have been installed above shops, in homes and on street corners across the world, many connected to the internet and poorly secured. Recent advances in artificial intelligence have enabled militaries and intelligence agencies to sift through vast amounts of surveillance footage and identify targets. Advertisement On February 28, Israel vividly showed the potential of such systems to be hacked and used against adversaries when Israel tracked down Iranian leader Ayatollah Ali Khamenei with the help of Tehran’s own street cameras, despite repeated warnings that Iran’s surveillance systems had been compromised, according to interviews and an Associated Press (AP) review of leaked data, public statements and news reports. The use of hacked surveillance cameras among other intelligence, in the operation to kill Khamenei was described to AP by an intelligence official with knowledge of the operation and another person who was briefed on the operation. 01:34 Trump tells Iran to reopen Strait of Hormuz by late Monday GMT or face major assault Trump tells Iran to reopen Strait of Hormuz by late Monday GMT or face major assault Neither was authorised to speak with the media and both shared information on condition of anonymity.
Workday, Inc. WDAY is strengthening its leadership in cloud and artificial intelligence (AI) solutions by expanding its software delivery capabilities through a partnership with Harness. The initiative will help Workday innovate faster while keeping its systems secure and reliable for global customers. Per the agreement, Workday will add Harness’ AI-powered software delivery platform into its engi...
Workday, Inc. WDAY is strengthening its leadership in cloud and artificial intelligence (AI) solutions by expanding its software delivery capabilities through a partnership with Harness. The initiative will help Workday innovate faster while keeping its systems secure and reliable for global customers. Per the agreement, Workday will add Harness’ AI-powered software delivery platform into its engineering system, which manages complex updates for large enterprise platforms like a digital assembly line. With this deal, the company aims to introduce intelligent safety sensors that continuously validate code for security, performance and compliance in real time, helping its engineers spend less time coordinating and more time building advanced AI features for businesses. Through this collaboration, Workday will use Harness across its entire software development process. This includes specialized automation for delivery, testing, verification and security. It will help find risks earlier and deliver improvements to customers more efficiently. By adopting AI-driven automation in its software development process, Workday aims to deliver more advanced, reliable and secure solutions to help businesses manage people, money and digital systems more efficiently. How Competitors Are Advancing in the AI Space? Workday faces competition from Oracle Corporation ORCL and Salesforce, Inc. CRM. Oracle is investing heavily in AI by building cloud infrastructure and data centers. It is also adding AI features to its products to help businesses automate tasks and make better decisions. Oracle expanded its AI partnership with the U.K. Ministry of Defence (MOD) to support cloud adoption and improve decision-making. Salesforce is adding AI to its platforms to automate sales, service and marketing tasks. It is launching tools like Agentforce and using real-time data to help businesses make faster decisions. Salesforce signed a $5.6 billion AI deal with the U.S. Army to provide AI-powered sol...
In-wheel motors have been around since the very beginning of electric motoring. Ferdinand Porsche developed one way back in 1900, and the US sent them to the moon in our Lunar Roving Vehicles in the early ‘70s. But, outside of e-bikes, they’ve never really gone mainstream. It looked like Lordstown Motors would be their time to shine, but that never came to pass. Lordstown’s truck, the Endurance, i...
In-wheel motors have been around since the very beginning of electric motoring. Ferdinand Porsche developed one way back in 1900, and the US sent them to the moon in our Lunar Roving Vehicles in the early ‘70s. But, outside of e-bikes, they’ve never really gone mainstream. It looked like Lordstown Motors would be their time to shine, but that never came to pass. Lordstown’s truck, the Endurance, is now dead, doomed to haunt the ever-growing graveyard of failed EV startups. But the source of its motors, a Slovenian company called Elaphe, is still very much alive, refining its technology and installing it into all sorts of interesting projects. Elaphe is promising EVs with better performance, greater control, more range, and a long list of other improvements. It’s hype I’ve been hearing for years, but after a day spent sliding around in the company’s prototypes, I’m beginning to believe. Previous Next 1 / 7 Origins and Struggles “It was a big blow,” Elaphe CEO Gorazd Gotovac says, of the Lordstown failure. “We set up all of the structures within the company to be able to support them.” The motors had gone through the full legal homologation process, a massive and expensive undertaking that didn’t entirely come to naught. “Now we are building all of our future products on top of that. So I’m still very grateful that this project happened,” Gotovac says. My time testing those products all happened on the ice, a stellar challenge for both car and driver. I started, though, with the fruit of someone else’s engineering: an Ioniq 5. Hyundai’s retrofuturistic EV is a great machine, but not exactly what I would choose for a day of sliding around. Indeed, with the car’s stability control systems activated, the Ioniq 5 was safe and controlled, but far from fun. When I tried to start a slide, the car cut power dramatically and abruptly, resulting in a jerky, unsatisfying lap around a twisty handling course that had been plowed on the lake. With those systems off, I could spin up...
Trump Signals Military De-Escalation Pentagon Solidifies Maven AI Program Technical Analysis Palantir is trading 7.3% above its 20-day simple moving average (SMA), but 4.7% below its 100-day SMA, showing improving short-term traction while the intermediate trend still needs repair. Shares are up 63.74% over the past 12 months and are currently positioned closer to their 52-week highs than lows. RS...
Trump Signals Military De-Escalation Pentagon Solidifies Maven AI Program Technical Analysis Palantir is trading 7.3% above its 20-day simple moving average (SMA), but 4.7% below its 100-day SMA, showing improving short-term traction while the intermediate trend still needs repair. Shares are up 63.74% over the past 12 months and are currently positioned closer to their 52-week highs than lows. RSI is at 50.63, which sits in neutral territory. MACD is bullish with the MACD line at 1.7243 above the signal line at 0.7735. Key Resistance : $161.50 : $161.50 Key Support: $148.00 Earnings & Analyst Outlook Looking further out, the next major catalyst for the stock arrives with the May 4, 2026 (estimated) earnings report. EPS Estimate : 26 cents (Up from 13 cents YoY) : 26 cents (Up from 13 cents YoY) Revenue Estimate : $1.54 Billion (Up from 88 cents Billion YoY) : $1.54 Billion (Up from 88 cents Billion YoY) Valuation: P/E of 239.2x (Indicates premium valuation) The stock carries a Buy Rating with an average price target of $167.56. Recent analyst moves include: UBS : Buy (Raises Target to $200.00) (Mar. 18) : Buy (Raises Target to $200.00) (Mar. 18) Wedbush : Outperform (Maintains Target to $230.00) (Mar. 16) : Outperform (Maintains Target to $230.00) (Mar. 16) Rosenblatt: Buy (Raises Target to $200.00) (Mar. 3) PLTR Price Action: Palantir Technologies shares were up 5.39% at $158.79 at the time of publication on Monday, according to Benzinga Pro data. Image via Shutterstock
Monday, US stock futures soared after President Donald Trump said he was halting plans to strike Iranian power plants, citing productive talks between the two nations. Below are 3 reasons the market rally is likely to stick: Nasdaq Down 9 of 10 Weeks: Bullish? One of the most important reasons to check market stats is that they cut through the market noise, manipulation, and misconceptions. For in...
Monday, US stock futures soared after President Donald Trump said he was halting plans to strike Iranian power plants, citing productive talks between the two nations. Below are 3 reasons the market rally is likely to stick: Nasdaq Down 9 of 10 Weeks: Bullish? One of the most important reasons to check market stats is that they cut through the market noise, manipulation, and misconceptions. For instance, most investors would presume that when the Nasdaq Composite is down 9 out of 10 weeks (as it is now), stocks are often in a bear marke, and lower prices are on the horizon. However, the market stats show just the opposite, illustrating how Wall Street is the master manipulator. In fact, since 1978, when the Nasdaq Composite is down 9 out of 10 weeks, similar episodes of selling have seen the NASDAQ higher 3 months and 1 year later every time, with an average gain of 32.5% after 1 year. (Source: The Market Stats, @TheMarketStats) Zacks Investment Research Image Source: Zacks Investment Research Earnings are Still Robust Despite geopolitical tensions and market volatility, earnings from leading companies remain very robust, especially in AI and AI-adjacent stocks. For instance, last week Micron (MU) reported record revenue that jumped 196% year-over-year. The company cited booming AI demand for its high-bandwidth memory (HBM) product and issued very strong Q3 revenue guidance. Zacks Investment Research Image Source: Zacks Investment Research Meanwhile, other AI-related companies such as NVIDIA (NVDA), Broadcom (AVGO), and Dell (DELL) also handily beat Wall Street expectations and raised forward guidance. In other words, the fundamentals beneath the ugly geopolitical headlines remain robust. Volume Explodes: Capitulation? Friday, volume turnover in the S&P 500 Index ETF (SPY) spiked to its highest levels since November’s market bottom. Similar volume spikes have proven to be a sign of capitulation and have marked several market bottoms. Zacks Investment Research Image ...
baileystock/iStock Editorial via Getty Images Introduction Now that we have the full year 2025 information at hand, I wanted to revisit Tesla, Inc. ( TSLA ), to see how it fared and what has happened recently. I am not confident in the management’s ability to return the company to growth any time soon, so I am downgrading it to a Sell. The last time I covered the company was back in August of last...
baileystock/iStock Editorial via Getty Images Introduction Now that we have the full year 2025 information at hand, I wanted to revisit Tesla, Inc. ( TSLA ), to see how it fared and what has happened recently. I am not confident in the management’s ability to return the company to growth any time soon, so I am downgrading it to a Sell. The last time I covered the company was back in August of last year , and despite the lackluster performance, Tesla's share price has advanced 19% since then. It has come down recently, but I don't think it is anywhere near a good deal yet. Briefly on Performance Let’s see what has been happening with TSLA’s top-line performance now that we have the full year behind us. For the full year , the company’s revenues came in at a little under $95B, down around 3% y/y. This isn’t particularly bad, but given its triple-digit forward P/E ratio, this isn’t looking great. If we look a little closer at the segments’ performance, we can see where it all essentially falls apart. Auto sales came in just under $66B, which is down from $72.5B the year before that and $78.5B the year before that. The only reason the company didn’t see a massive decline in sales is the fact that its other revenue segments are meaningfully making up for its lackluster performance. Energy generation and storage grew to almost $13B for the year. That is up 26.6% y/y. Services and others also grew to $12.5B, similarly, up 16% y/y. Now, we can say that TSLA is getting much closer to the idea that it is more than just a car company, but even then, it is still a stretch. It does seem like other revenue segments aren’t growing enough to offset the declines in automotive sales. TSLA 10K Going over TSLA’s profitability and efficiency, it is no surprise that these have been trending down considerably over the last while. The cars aren’t selling as well as the management had hoped, due to many different factors. A reduction in the sale price for the company’s cars was clearly goin...
baileystock/iStock Editorial via Getty Images Introduction Now that we have the full year 2025 information at hand, I wanted to revisit Tesla, Inc. ( TSLA ), to see how it fared and what has happened recently. I am not confident in the management’s ability to return the company to growth any time soon, so I am downgrading it to a Sell. The last time I covered the company was back in August of last...
baileystock/iStock Editorial via Getty Images Introduction Now that we have the full year 2025 information at hand, I wanted to revisit Tesla, Inc. ( TSLA ), to see how it fared and what has happened recently. I am not confident in the management’s ability to return the company to growth any time soon, so I am downgrading it to a Sell. The last time I covered the company was back in August of last year , and despite the lackluster performance, Tesla's share price has advanced 19% since then. It has come down recently, but I don't think it is anywhere near a good deal yet. Briefly on Performance Let’s see what has been happening with TSLA’s top-line performance now that we have the full year behind us. For the full year , the company’s revenues came in at a little under $95B, down around 3% y/y. This isn’t particularly bad, but given its triple-digit forward P/E ratio, this isn’t looking great. If we look a little closer at the segments’ performance, we can see where it all essentially falls apart. Auto sales came in just under $66B, which is down from $72.5B the year before that and $78.5B the year before that. The only reason the company didn’t see a massive decline in sales is the fact that its other revenue segments are meaningfully making up for its lackluster performance. Energy generation and storage grew to almost $13B for the year. That is up 26.6% y/y. Services and others also grew to $12.5B, similarly, up 16% y/y. Now, we can say that TSLA is getting much closer to the idea that it is more than just a car company, but even then, it is still a stretch. It does seem like other revenue segments aren’t growing enough to offset the declines in automotive sales. TSLA 10K Going over TSLA’s profitability and efficiency, it is no surprise that these have been trending down considerably over the last while. The cars aren’t selling as well as the management had hoped, due to many different factors. A reduction in the sale price for the company’s cars was clearly goin...