DDAIF News and Press, Daimler AG From 06/23/22

Luminar's stock has lost more than 80% of its value since its post-IPO peak. The stock has continued on a decline of more than 50% this year. In addition to macroeconomic headwinds, industry- and company-specific challenges such as regulatory scrutiny and estimate misses have also wei...

Harris Associates’ 13F portfolio value increased from $64.23B to $75.90B this quarter. They increased Charter Communications, General Motors, Amazon.com, and Netflix while reducing Humana, Hilton Worldwide, and General Dynamics. The top three positions are Alphabet, Fiserv,...

The war in Ukraine is no longer the major market mover as record inflation has now taken that spot. Markets are very nervous and record inflation readings paired with an aggressive Fed and negative consumer sentiment are starting to hammer stocks and hopefully lead to a prolonged bear...

According to the European Automobile Manufacturers’ Association (ACEA), EU passenger car registrations in May 2022 fell by 11.2% to 791,546 units, marking the eleventh consecutive month of decline. From January to May 2022, total registrations of new passenger cars in the EU ...

Traditional car manufacturers have struggled for the better part of the last decade as new competitors have stolen the limelight. Mercedes wants to push its brand even further into the exclusive premium segment in order to differentiate itself. Management will focus on luxury over...

ARK sees Tesla mass commercializing robotaxis, and has placed a $4,600 base case target on shares by 2026, with robotaxis accounting for 60% of that. Tesla faces increased regulatory scrutiny over its L2 semi-autonomous functions, which hinders deployment of fully-autonomous deploymen...

Global electric car sales April 2022 - Up 38% YoY, reaching 10.2% share. China sales up 61% YoY to 29% share. Europe sales were down 1% YoY to 19% share. EV market news - Q1 2022 EV sales limited by supply. IEA: Global EV sales strong in 2022. Global tipping point, 52% of car buyers w...

Tesla's normalized math-based valuation remains far lower than its current price, largely a function of rising inflation/required discount investment rates. A slowing global economy and a jump in EV competition are real-world risks to future Tesla investment gains. One bright spot...

Mercedes-Benz Group is a leading car company from Germany. With annual revenues >$170 billion, Mercedes-Benz is ranked as the world's third biggest automotive company. Over the past few years, Mercedes-Benz has been quite successful in repositioning its passenger vehicles in the lu...

Deutsche Bank stays constructive on Mercedes-Benz Group AG (OTCPK:DDAIF) after attending an investor event last week. Analyst Tim Rokossa said the focus was on the German automaker's brand positioning and luxury strategy. The company said it aimed to further lift its entire portfolio. There w...