My Investing Muse

UAW threatens to strike, affecting the Detroit 3 of GM, Ford & Stellantis. ABC News has reported the following: The union has asked for 46% raises in general pay over four years — an increase that would elevate a top-scale assembly plant worker from $32 an hour now to about $47. In addition, the UAW has demanded an end to varying tiers of wages for factory jobs; a 32-hour week with 40 hours of pay; the restoration of traditional defined-benefit pensions for new hires who now receive only 401(k)-style retirement plans; and a return of cost-of-living pay raises, among other benefits. Over the past decade, the Detroit Three have emerged as robust profit-makers. They’ve collectively posted net income of $164 billion, $20 billion of it this year. The CEOs of all three major automakers earn multiple millions in annual compensation. From the above, the demand for a 46% pay increase looks steep in contrast to the accumulated inflation rate of 18% since Jan 2020 as per BLS .  On top of...

Tesla seems to be ranging around the $1100 ceiling and is unable to break this ceiling.  What can we "expect" from the coming week. Tesla News Giga Texas goes "live" in days to come to join Giga Berlin as Tesla works towards an annual production capacity of 2 million units.  The current lockdown in Shanghai may cause some delay but eventually, Giga Shanghai's expansion will be completed. Latest CNBC news : The latest CNBC news about GM 2021 sales falling 20% YoY GM’s U.S. sales fell 20.1% from a year ago, after supply-chain disruptions left dealers with thin inventories. Toyota faced similar challenges, but was able to squeeze GM for the U.S. sales crown again. Technical prediction for Tesla  for the coming days Tesla 1D chart as of 2nd Apr 2022 From the 1D chart, Tesla looks to peak for stochastic and MACD will peak soon.  The reduced trading volume over the last few days suggests a peak could have been reached and the price should fall. $TSLA has yet to break ...

Market leadership happens when your rival mentions you in their promotion, at their costs and doing the entire EV industry a big favour towards sustainability. When a rival makes claim to challenge the market leader, it affirms the lead, the leadership & their own lag . what's better - the rival pays for the promotion. For the EV industry as a whole, it is good to work towards a sustainable future. As per www.thestreet.com, GM Begins Production of Its Tesla Killer Why does Tesla need to spend on advertisements when their competition does it for them.