Track market-moving stories before they get noisy

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Tesla (NASDAQ: TSLA | TSLA Price Prediction) and BYD (OTC: BYDDF) sit on opposite sides of the global EV map. Tesla’s Q1 2026 report delivered a margin rebound and another lift in AI subscriptions.

BYD, the Shenzhen volume leader, is being repositioned by Beijing’s anti-involution campaign aimed at consolidating EV winners. Both names have slid this year, making the matchup worth a fresh look in June.

Tesla’s Margin Snapback Meets BYD’s Policy Tailwind Tesla reported Q1 2026 revenue of $22.387 billion, up 15.78% year over year, with non-GAAP EPS of $0.41 beating consensus by 14.14%. Automotive gross margin expanded to 21.1% from 16.2% a year ago, helped by lower material costs, higher average selling prices, and a one-time warranty and tariff benefit.

Free cash flow jumped 117.47% to $1.444 billion, and cash sits at $44.743 billion. FSD active subscriptions hit 1.28 million, up 51%, turning software into a real recurring line.

The quarter had blemishes. Energy storage revenue fell 12% YoY, operating expenses jumped 37% on AI spending and the CEO equity award, and global inventory crept to 27 days from 22. Deliveries grew just 6%, so unit demand remains middling.

Business Driver Tesla BYD Q1 Auto Gross Margin 21.1% Not disclosed in available data Core Growth Engine FSD, premium models, AI hardware Mass-market EVs, PHEVs, batteries Management Focus Optimus, Cybercab, robotaxi rollout Scale, exports, policy alignment BYD enters the second half of 2026 positioned differently. Morningstar’s 2026 outlook names BYD as a likely beneficiary of China’s anti-involution policies, which shift capacity toward the largest and most profitable EV players. BYD shares are down 36.13% over the last 12 months, signaling investors are not yet convinced policy support translates into earnings.

Vertical Stack Versus Vertical Scale Tesla is funding a full vertical AI stack: FSD v14.3 cut inference latency by 20%, the AI5 chip taped out in April, and a SpaceX-partnered semiconductor fab is going up at Gigafactory Texas.

Cybercab, Tesla Semi, and Megapack 3 are all penciled for volume production this year. R&D climbed to $1.95 billion, a hefty bill for an automaker, modest for an AI platform. BYD owns the cell, pack, powertrain, and assembly line at the lowest cost in the industry.

Tesla chases margin through software. BYD chases share through affordability and a widening export footprint into Europe, LATAM, and Southeast Asia. Beijing’s intervention may let BYD convert that scale into pricing power.

What I Want to See Next For Tesla, Q2 deliveries are the next swing factor. Polymarket traders assign the highest probability, 35.8%, to a 450,000 to 475,000 vehicle range, with a California robotaxi launch priced at just 4% by June 30. I will watch whether FSD subscriptions keep compounding and whether the energy storage dip was a single-quarter blip.

For BYD, the read is whether policy reform lifts realized prices and whether export volumes keep climbing. Without fresh H1 results, I treat the BYD thesis as a working hypothesis rather than a confirmed setup.

Why I Lean Tesla on Quality, BYD on Value Tesla offers the cleaner, freshly confirmed quarter. Margin recovery, surging FSD attach, and an AI optionality stack hard to replicate argue for the Austin name. A trailing P/E near 371 on a $1.49 trillion market cap leaves little margin for error, especially with shares down 15.15% YTD and down 9.94% in the past week.

If you believe Chinese policy reform rewards the dominant EV maker, BYD at $11.05 after that drawdown offers more interesting risk-reward. I lean Tesla for execution clarity, though a pullback closer to its 52-week low of $288.77 would offer a more favorable entry profile. In June, neither looks like a layup.

SpaceX just rewrote the IPO record book. The company sold more than 555 million shares at $135 each, raising $75 billion and landing a valuation of nearly $1.8 trillion.

'The Big Money Show' panel discusses SpaceX's historic IPO, Elon Musk's soaring valuation and whether investors should buy into the aerospace giant's blockbuster market debut.

© Win McNamee / Getty Images News via Getty Images

Tesla (NASDAQ:TSLA | TSLA Price Prediction) CEO Elon Musk made history earlier today by reportedly becoming the world’s first trillionaire, fueled largely by SpaceX‘s (NASDAQ:SPCX) blockbuster NASDAQ debut. Yet, Tesla stock is barely budging on the news, trading near $403 and up 1% in midday action on Friday.

The disconnect is hard to ignore. Musk’s combined SpaceX and Tesla stakes are now worth around $1.147 trillion, but Tesla stock is down 11% in 2026 while the broader market has rallied. That gap is the central question driving today’s debate over whether TSLA shares have quietly turned into dead weight in growth portfolios.

For context, the SPDR S&P 500 ETF Trust (NYSEARCA:SPY), which tracks the S&P 500, is up 9% year to date, leaving Tesla stock roughly 20 percentage points behind the index. Investors who held through 2025 aren’t panicking yet, though. Over the trailing 12 months, Tesla stock is still up 26%, so this is specifically a 2026 underperformance story.

Musk’s Trillionaire Day Highlights the Tesla Disconnect The irony is hard to miss. SpaceX priced its IPO at $135, opened at $150, and soared as much as 30% on Friday, instantly minting Musk’s trillionaire status. Meanwhile, Tesla stock has spent 2026 grinding sideways to lower.

Part of the issue is sentiment. Reddit discussion in fundamental investing communities like r/stocks and r/stockmarket has skewed bearish, with a viral post titled “Elon Musk wants to merge SpaceX and Tesla into a $3.4 trillion giant. The problem: it would lose money from day one” drawing heavy engagement.

The prediction markets echo that skepticism about Tesla’s standalone value. Polymarket traders assign a 93% probability that SpaceX will be worth more than Tesla by June 30, a striking reversal in how investors rank Musk’s two flagship ventures.

The Bear Case: Why TSLA Stock Could Be Dead Weight The bear thesis on Tesla stock starts with its valuation. TSLA shares trade at a trailing P/E ratio of 370x and a forward P/E ratio of 192x, multiples that demand flawless execution.

Tesla’s recent results show why some investors are uneasy. The company’s energy generation and storage revenue declined 12% year over year in Q1 2026, while Tesla’s global vehicle inventory rose to 27 days of supply from 22 days. Furthermore, Tesla booked $222 million in digital asset losses during the quarter.

The prediction markets also throw cold water on the near-term catalyst narrative for Tesla stock. Polymarket gives only a 5% probability that Tesla launches robotaxis in California by June 30, and just 17% odds that Optimus is released by year-end 2026.

The Bull Case: Tesla Is Still Executing The other side of the Tesla story is genuinely strong. Q1 2026 revenue grew 16% year over year to $22.39 billion, and automotive gross margin expanded to 21% from 16%.

Tesla’s software momentum is real, too. Active Full Self-Driving subscriptions hit 1.28 million, up 51% year over year, and Services and Other revenue jumped 42% to $3.75 billion. Tesla also grew free cash flow 117% year over year to $1.44 billion.

Analyst sentiment remains constructive on balance. The consensus analyst TSLA stock price target sits at $420, with 18 Buy and 5 Strong Buy ratings against 4 Sell and 3 Strong Sell calls.

What to Watch Next So, is Tesla stock dead weight? The honest answer is that it depends on one’s time frame and patience level. The 2026 underperformance is real, the valuation is stretched, and Musk’s attention may genuinely be split between SpaceX, xAI, and Tesla.

However, Tesla’s core business is still growing, FSD adoption is accelerating, and the company sits on $44.74 billion in cash. Investors weighing their exposure may want to size their positions modestly here rather than chase or capitulate.

The next anticipated checkpoint is Tesla’s Q2 2026 deliveries, where prediction markets center on a 450,000 to 475,000 vehicle range at 35% probability. That print could decide whether TSLA shares finally rejoin the broader market rally or keep dragging behind it.

As Elon Musk is poised to be crowned the world's first trillionaire, Bloomberg's Max Chafkin and Ed Ludlow break down Musk's growing control of SpaceX, the possibility of a Tesla, SpaceX merger, and why investors will follow Musk to the Moon, despite mounting questions about governance and execution. -------- More on Bloomberg Television and Markets Like this video?

SpaceX, AI infrastructure, data centers, Starlink, satellites, Mars, and artificial intelligence are becoming increasingly connected. Jared Blikre speaks with Xplore COO Lisa Rich about why investors may be underestimating SpaceX's AI ambitions, how data centers in space could become reality, and what the next decade could look like for the space economy.

Shares of Coca-Cola (KO +0.11%) rose on Friday as investors rotated into low-risk stocks.

Image source: Getty Images.

Traders are bailing out of tech stocks The artificial intelligence (AI)-fueled rally in technology stocks may be a bit stretched.

After a few words from Nvidia CEO were enough to send a mega-cap stock like Marvell Technology up over 30% in a day, astute investors began to question whether AI mania was nearing a near-term peak.

With the Nasdaq Composite down more than 4% as of 3:33 p.m. ET on Friday, we may be getting our answer.

What triggered the sell-off in tech stocks? Any number of factors could have sparked the decline. Here are two that stand out.

On Monday, Alphabet's $80 billion share sale announcement reminded investors that the AI build-out comes at a staggering cost.

And on Wednesday, Broadcom's financial results showed that even the top AI chipmaker's revenue could fall short of Wall Street's lofty expectations.

When AI market leaders and former highfliers began to pull back, many traders headed for the exits.

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Shelter from the storm Coca-Cola's stock price, in contrast, is up more than 4%. Investors' appreciation of battle-tested business models with little exposure to AI disruption is rising. That's putting the beverage giant and dividend stalwart back on their radars.

During a consumer conference on Thursday, chief financial officer John Murphy said Coca-Cola was working to make its drinks more affordable for budget-strained shoppers. The purveyor of soda, juice, tea, coffee, and bottled water is experimenting with can sizes, price points, and single-serve options to appeal to a wide range of customers at different income levels.

Joe Tenebruso has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Broadcom, Marvell Technology, and Nvidia. The Motley Fool has a disclosure policy.

Coca-Cola (NYSE:KO | KO Price Prediction) is a stock built to be owned for decades, because its global brand moat, pricing power, and 63-going-on-64 year record of dividend hikes make it one of the few equities a retirement investor can hold without ever needing to watch the screen.

Passive income is the closest thing investors get to a paycheck that arrives whether the market is open, closed, or in freefall.

Uber customers in the U.K. can now join an interest list to increase their chances of being matched with a Wayve autonomous vehicle — another sign that the two companies are preparing to launch a robotaxi service in London. When that launch does happen, Uber will be competing directly with Waymo, Alphabet's self-driving company that is considered the robotaxi leader in the United States.

This article was written and reviewed by Doug Nathman and his team at Trefis. For questions, email [email protected]

Uber now takes the majority of ride-hailing fares in some cities, a new study found. The study analyzed three drivers' trip histories over nearly a decade.

Uber Technologies (UBER 1.01%) has become a dominant ride-hailing and delivery platform. However, its shares have disappointed investors. They're down 14% in 2026 (as of June 10), while trading 30% below their peak.

It's worth taking a closer look. Uber trades at a price-to-earnings multiple (P/E) of just 17.5, which is much cheaper than the overall market. But if you're new to this growth stock in 2026, it's important to understand a key variable driving the company's success.

Image source: Getty Images.

Uber is a platform business. The mobility segment connects riders and drivers. The delivery segment connects consumers, couriers, and merchants. The combination of all these stakeholders creates powerful network effects, since a larger base of stakeholders increases Uber's value proposition over time.

This characteristic supports the company's wide economic moat, making it difficult to disrupt. This is crucial for investors to remember as autonomous driving technology causes concerns about the company's durability.

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CEO Dara Khosrowshahi believes his company is positioned well in the face of ongoing innovation within the mobility sector. He thinks a hybrid network, combining human drivers and self-driving cars, will be the path ahead. And Uber's technological infrastructure, experience matching supply and demand, and control of the customer relationship are all strengths.

Once established, network effects are extremely challenging to overcome, even in the face of tech advancements. Uber's impressive growth trajectory is proof of this.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Let's take a look at what these Wall Street heavyweights have to say about Uber Technologies (UBER - Free Report) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.

Uber currently has an average brokerage recommendation (ABR) of 1.49, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 51 brokerage firms. An ABR of 1.49 approximates between Strong Buy and Buy.

Of the 51 recommendations that derive the current ABR, 38 are Strong Buy and three are Buy. Strong Buy and Buy respectively account for 74.5% and 5.9% of all recommendations.

Brokerage Recommendation Trends for UBER

Check price target & stock forecast for Uber here>>>

The ABR suggests buying Uber, but making an investment decision solely on the basis of this information might not be a good idea. According to several studies, brokerage recommendations have little to no success guiding investors to choose stocks with the most potential for price appreciation.

Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations.

This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

Zacks Rank Should Not Be Confused With ABRAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

It has been and continues to be the case that analysts employed by brokerage firms are overly optimistic with their recommendations. Because of their employers' vested interests, these analysts issue more favorable ratings than their research would support, misguiding investors far more often than helping them.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is UBER a Good Investment?In terms of earnings estimate revisions for Uber, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $2.95.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Uber. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Uber.

Shares in Uber Technologies (UBER) have hit the brakes hard, trading near 52-week lows as fears that autonomous driving companies, including Tesla (TSLA) and Alphabet's (GOOGL) Waymo, will steal market share. @LikeFolio's Megan Brantley says Uber is in first place of the rideshare race, for now.

The workers Meta and Google desperately need aren't in Silicon Valley By You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Companies need electricians, welders, and plumbers to build data centers. Jim West/UCG/Universal Images Group via Getty Images The AI race has a blue-collar problem. Big Tech wants to fix it.

Days after Meta said it was launching a $250 million program to train Americans for data center construction jobs, Google announced a similar initiative.

The search engine giant on Thursday said it is investing $50 million in skilled-trades training programs across the US in fields critical to building AI and energy infrastructure.

They are tailored for aspiring construction workers, electricians, plumbers, pipe fitters, welders, and other laborers. Some training program partnerships are already underway, a Google spokesperson said.

The moves follow efforts unveiled earlier this year by Oracle and Microsoft to expand existing initiatives aimed at building a pipeline of workers to support the AI boom. Together, they underscore a shortage of tradespeople capable of building the data centers essential to powering AI ambitions — and Big Tech's increasing role in tackling it.

"The constraint on growth isn't hiring more engineers. It's building physical infrastructure," said Tulane University business professor Rob Lalka. "Silicon Valley's white-collar executives won't succeed without blue-collar workers across America."

The construction industry needs an estimated 349,000 new workers this year to meet demand elevated by AI, according to Associated Builders and Contractors, a trade group.

Since tech companies are more accustomed to training workers to use keyboards than bulldozers, they are partnering with organizations such as the International Training Institute for the sheet metal and air conditioning industry to achieve their goals. That has made the likes of Meta and Google highly appealing to proponents of long-standing programs designed to expand the ranks of hard-hat talent.

"We welcome the support of industry leaders like Google to create good, family-sustaining jobs and meet the growing energy needs of our economy," said Kenneth Cooper, international president of the International Brotherhood of Electrical Workers, in a statement.

Big Tech's push to build more data centers, however, has also attracted foes.

Some critics point to the vast number of layoffs that tech companies have linked to AI, while residents across the US have been protesting such projects in their communities in recent months. A May Gallup poll found that seven out of 10 Americans oppose living near a data center.

In 2025, permits were issued for 176 new data centers across 34 states — the most new permits in one year since the first was issued in 1976, Business Insider previously reported.

Read next

Sarah E. Needleman You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Sarah E. Needleman covers leadership and the workplace for Business Insider.Previously, she was a reporter for The Wall Street Journal for more than two decades, covering technology companies, entrepreneurship and executive recruiting. In 2022, Sarah received an honorable mention with WSJ colleagues for their coverage of workplace misconduct at Activision Blizzard from the Society for Advancing Business Editing and Writing.Sarah graduated from Rutgers University in 1997 with a bachelor's degree in journalism. She lives with her husband, daughter, and a fur child (an Australian labradoodle) in northern New Jersey.

Meta Google Oracle More Microsoft AI Data Centers

Alphabet Inc.'s proposed capital raise appears modest relative to its market value, with estimated dilution near 2.25%. Raising equity at elevated valuations may be preferable to issuing long-term debt at current corporate bond yields. Google's net cash position and EBITDA profile may preserve future balance sheet flexibility if rates improve.

SpaceX, billionaire Elon Musk's artificial intelligence (AI) and space infrastructure company, goes live on Nasdaq just hours from now – and Anthropic isn't far behind either, having confidentially filed its S-1 at a valuation of nearly $1 trillion. For investors seeking to ride these historic debuts but wary of their unpredictability and premium price tags, there's a quieter, more grounded alternative sitting right in plain sight: Alphabet Inc, the parent company of Google, which holds meaningful stakes in both companies.

AI executives from Anthropic, OpenAI, Google and Mistral AI ​are expected to attend next ‌week's G7 summit, said officials from France, which is crafting an agenda aimed ​at discussing the world's crises ​and broad economic challenges.

Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation.

Google is suing to dismantle the infrastructure behind an alleged massive AI-powered cybercrime operation.

On Friday, the tech giant announced a lawsuit against an alleged Chinese cybercrime network called Outsider Enterprise, which Google says uses AI in its campaigns to send scam text messages impersonating Google and other brands to steal passwords and credit card numbers. 

Outsider Enterprise has financially scammed “hundreds of thousands of victims” with losses “estimated in the millions.” The group deployed 9,000 fake websites, one million fraudulent web domains, and 2.5 million texts sent to Android users in a two-week period, according to Google. 

The company said, “55,000 spam texts were flagged by Android users in just two weeks this past May — that’s more than two text spam complaints a minute.”

Google said it uses “AI-powered tools to fight AI-powered scams,” which enable the company to detect scams and alert users of suspicious calls and text messages, leading to the interception of more than 10 billion scam messages a month.  

The company said it has been collaborating with AT&T, T-Mobile, and Verizon to block the scam text messages, and said it is coordinating with the FBI.

An FBI spokesperson told TechCrunch that the bureau, in coordination with Google and Lumen’s Black Lotus Labs, seized several domains used by the cybercriminals, as well as Shopify storefronts and accounts used to test the operation’s phishing service.

The spokesperson said that since July 2023, Outsider Enterprise’s phishing platform enabled cybercriminals to steal “at least an estimated 3,870,000 stolen credit cards and a corresponding estimated $1.9B in losses.”

Inside Outsider Enterprise In its complaint filed as part of the lawsuit, Google laid out the evidence it gathered against people involved in the Outsider Enterprise operations, whom the company said are foreign-based cybercriminals whose real identities are unknown. This group “built, maintains, and uses a turn-key, online software suite that enables criminals, regardless of technical skill, to publish fraudulent websites designed to rob victims and enrich themselves,” according to the complaint. 

Google said this “phishing-for-dummies” software called Outsider, which costs $88 per week or $200 per month, allows operators to create fake websites with the help of AI platforms, including Google’s own Gemini. The fake sites impersonate several services and companies, such as telecom providers, financial institutions, government agencies, and retailers. 

To lure people to the fake websites, the cybercriminals collaborate with one another to send victims malicious text messages, or purchase ads. The common goal is to steal passwords and corresponding multi-factor codes as well as financial information, which the scammers can do by receiving the data that victims input into the fake websites, with the information being transmitted through Outsider’s platform in real time. 

“Part of the Outsider software’s appeal is the ease with which someone with limited technical expertise — like many members of the Enterprise— can purchase the software, execute various phishing attacks, and, upon purchase, meet other members of the Enterprise who are proficient in other areas,” Google wrote, referring to Telegram channels where the cybercriminals can collaborate, train each other, discuss strategies, and develop phishing attacks. “The Enterprise brazenly coordinates its efforts in open and largely uncoded discussions on Telegram.” 

According to Google, the Outsider platform allegedly offers cybercriminals “more than 290 pre-built templates that mimic the legitimate websites” that generate replicas of real websites “in minutes,” along with guides on how to “weaponize AI-generated code,” as well as a dashboard to track progress of phishing campaigns. The cybercriminals have allegedly used Google Drive and Google Cloud infrastructure to host the phishing websites.

“The Outsider software has been used to create over a million phishing websites to swindle innocent victims out of millions of dollars,” Google wrote in the complaint.

To give an idea of the scale of Outsider Enterprise’s operation, Google said that over a five-month period, from November 14, 2025 to April 14, 2026, the company detected more than 1.59 million URLs connected to it. 

Google said the Outsider Enterprise operation is made up of several groups of cybercriminals: those who develop and maintain the phishing software and website templates; those who supply lists of targets curated from public records, social media, and data breaches; a “spammer group” that provides tools and the infrastructure to send scam texts in bulk, which includes smartphone banks, SIM cards, and modems; and those who monetize the stolen credentials and launder the stolen money.

A screenshot showing a Telegram message where a cybercriminal advertised stolen digital credit cards on several cellphones. Image Credits:Court document The cybercriminals have stolen “at least 36,000 payment cards issued by financial institutions in 95 countries,” according to Google. 

The company accused the people behind Outsider Enterprise of impersonating Google and its brands, of infringing its copyright, of racketeering activities, of committing wire fraud, and false advertising. With the lawsuit, Google is seeking compensatory and punitive damages, and an order to stop the criminals from carrying out their activities.

This story was originally published at 10:26 a.m. PDT and has since been updated with new information from Google’s complaint, and the FBI’s comment.

When you purchase through links in our articles, we may earn a small commission. This doesn’t affect our editorial independence.

Amazon invested $13 billion into Anthropic and could invest an additional $20 billion, depending on whether the artificial intelligence (AI) start-up hits certain milestones. Anthropic has became a major Amazon Web Services (AWS) customer, committing to spend at least $100 billion with the cloud computing company over the next decade.

YIBIN, China, June 12, 2026 (GLOBE NEWSWIRE) -- Every four years, the world comes together for one unforgettable sporting event.

This summer, the largest global football tournament in history will take place across three North American countries, and fans around the world can now start enjoying this global celebration. KAIYI Auto will join users worldwide in stepping up for passion.

Sharing the Same Passion, KAIYI Is Ready to Go
KAIYI has always believed : Keep Young, Keep Fun. Being young is not about age. Football has a unique power to make everyone feel young, energized, and connected, and that same spirit is what KAIYI Auto has always sought to share with its users. KAIYI Auto has prepared a series of online and offline activities to accompany users from the opening match to the final.

Prediction Challenges: Back Your Favorite Team
Throughout the tournament, KAIYI Auto will launch prediction challenges at key stages, including the opening match, Round of 16, quarter-finals, semi-finals, and final. Follow KAIYI Auto's official social media accounts and comment with your predicted winning team to participate. The top-ranked participants can win $100 or $50 Amazon Gift Cards.

UGC Challenge: Win Up to $2,000
KAIYI Auto is also launching a global creative content campaign. Capture photos or short videos of yourself, your family, or friends with a KAIYI vehicle, a dealership display, or your football viewing experience. Post publicly, include the official campaign hashtags, and tag KAIYI Auto's official account to enter. The campaign runs from June 11 to July 19 across Facebook, Instagram, and TikTok. On each platform, the participant with the highest total engagement wins a Prize: a $2,000 Vehicle Purchase Voucher.

Bringing the Passion from the Screen into Real Life
The excitement extends beyond the screen. KAIYI Auto dealerships around the world will host football-themed events throughout the tournament,. For details, refer to announcements from your local dealership. We invite you to visit your nearest KAIYI dealership and enjoy the football atmosphere created for fans this summer.

The celebration is about to begin, and the passion is shared worldwide. From prediction challenges and UGC rewards to online conversations and in-person gatherings, KAIYI Auto will stand alongside every user to ignite the most exciting moments of the summer.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8ef7f1fa-9a2d-447d-b934-537fc2a76261

Nancy Tengler, CEO and CIO of Laffer Tengler Investments, thinks they’re looking at the wrong playbook.

Meta IPO Comparison“I know many people are drawing comparisons to Meta, which was a flop of an IPO,” Tengler said, noting that the stock fell sharply after its 2012 debut and finished the year well below its offering price.

While she understands concerns that SpaceX may be entering the market at a lofty valuation, Tengler argues that traditional metrics may not be the right lens through which to evaluate the company.

Amazon Investment Thesis“This is not a name you’re buying based on fundamentals,” she said. “For me, the analogy is Amazon.”

“This was a company that changed the way we live,” she said. “The question becomes: what’s your time horizon, and do you believe in the technology?”

Tengler’s firm recently launched a thematic portfolio focused on technologies it believes could reshape the global economy over the next 10 to 20 years, including space, robotics, quantum computing and nuclear energy. SpaceX fits squarely within that framework.

Long-Term Time HorizonHer conviction also extends beyond the stock’s opening weeks.

“If the IPO comes out at $135 and the stock drops to $100, that’s not ideal, but it wouldn’t change our long-term view,” she said. “We want to participate.”

That doesn’t mean valuation is irrelevant. Tengler acknowledged there are levels where enthusiasm could get ahead of reality.

“Of course, if it opens at $250, that would give us pause.”

For now, however, she believes investors should spend less time debating whether SpaceX resembles Meta and more time asking whether it has the potential to become the next company that fundamentally changes how people live and work.

In her view, that’s the comparison that matters.

Image via Shutterstock

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© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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