NZ should make a temporary exception to requirement to reside physically in NZ for 6 months per year to Australian investors over some $$$. Maybe 30 days per year?
Make change NON-CGT Event. A million rich Aussies would arrive before 1/7/27
@NZGovernment
๐ผ Tesla $TSLA upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Tesla to Neutral from Underweight with a price target of $475, up from $145.
The firm says Tesla is at the "forefront of physical AI" and entering "uncharted" total addressable markets.
The company has an "unmatched" advantage from its industrial level scale, vertical integration across all the hardware and software products it builds, and speed of technology development, the analyst tells investors in a research note.
It believes these are "somewhat under-appreciated" in Tesla shares. JPMorgan sees an earnings "inflection" for Tesla in 2028, with a 50% annual growth rate through 2030 and beyond.
The stock's valuation on near-term earnings "is clearly lofty," but Tesla "deserves the benefit of the doubt" on long-term earnings given that its new markets are unlikely to inflect until 2029.
Investors are penalised whether their portfolio performs exceptionally well or only moderately well. The mechanism changes, but the outcome remains the same.
Strong portfolios are penalised because their winners become more taxable. Weaker portfolios are penalised because their losses become less deductible.
@Xil_llix@KRoelandschap@robotinreallife Legacy manufacturers have explicitly NOT gone with FSD. I was expecting US companies to be bringing it on board a couple of years ago. None have taken it up, nor Japanese, Korean, Chinese companies.
None.
sad!
@p_ferragu Dems hate of America started before Trump. Look at that chart carefully. The slide is from 2001!
As a non-American I can definitely tell you the people who HATE America the most are... American!
Crazy!