Yahoo Finance's Brian Sozzi: Big Week for Elon Musk as $SPCX Launches Starship Flight 14 and $TSLA Preps...
Yahoo Finance's Brian Sozzi says it's a big week for Elon Musk. SpaceX ($SPCX) successfully launched Starship Flight 14, while Tesla ($TSLA) gears up for its Roadster unveiling. The car is reportedly priced above $250,000 and positioned as a halo car for the brand.
However, JPMorgan ($JPM) just cut Tesla's earnings estimates ahead of a delivery report that analysts expect to be weak. The bank also flagged concerns over rising capex tied to AI, data centers and robotics.