Gold news

 stockholders need to be ready for this up and coming Bull Run if you haven't guided to Tesla stock just yet this may be the last chance before the price soars immensely watch this full video to find out why hello everyone you're watching trade daily like And subscribe to get all the latest news on Tesla and Tesla stocks now let's get into the news.well start this off by looking at Tesla's stock price today a share of Tesla stock is trading at 209 dollars per share up 4.21 at a time of recording

Elon Musk respond to Big Short Michael burry's warnings the billionaire like many retail investors closely follows the warnings of the legendary investor Elon Musk and Michael burry are among the major influencers each with hordes of followers on social media musk who is the CEO of Tesla and the owner of Twitter has seen his influence grow in recent months he's become a global CEO famous for his technological innovations his Ambitions to colonize Mars and his proximity to average people

bury founder of the hedge fund Scion asset management is a Wall Street Legend his comments on the markets are closely followed by millions of retail investors who are looking for hints to make their Investments grow the two personalities prefer to express themselves on social networks rather than in the media they'd like to deliver their messages directly one of the big differences between them is that bury delivers mostly bad news and that bad news is about the markets which unsurprisingly often triggers a

lot of anxiety among investors Murray left Twitter after issuing a dire warning for example last month bury urged investors to liquidate their shares by posting a one-word message so the message unequivocally suggested that the financer was betting on a stock market crash when since the start of the year the stock market indices have been on a continuous rise bury also deleted his account leaving users to guess what he meant by sell his message came the day before a Federal Reserve monetary policy decision

on interest rates the Federal Reserve decided to increase its the federal funds rate by 25 basis points 0.25 percentage point to a range of 4.5 percent to 4.75 percent the highest since 2008. the Central Bank also said more increases would be needed to bring inflation more closely and more consistently toward its two percent Target this increase smaller than previous ones seemed to suggest that the Central Bank felt well positioned in its fight against inflation contrary tobury's advice investors did

not sell quite the opposite the S P 500 Index ended the day up more than one percent and the S and P 500 ended January with a 6.2 percent gain the best start to a year since 2019 while the NASDAQ 100 jumped nearly 11 for its best January since 2001. bury is back on Twitter with a dire warning seven days after deleting his Twitter account Murray returned to the platform and in his luggage he carried another terrible warning the financier on February 7 posted a message that read this time is different

it was accompanied by a graph comparing the effective federal funds rate and the S and P 500 Index in 2001 and 2002. the evolution curves show that the decline of the federal funds rate is parallel to that of the stock market index basically for Buria pivot in monetary policy Cuts in the federal fund's rate should cause markets to fall not to rise as many investors are currently anticipating as a result that this time as different remark appears to be sarcasm bury seems to say that he does not understand why

this time a reduction of interest rates would be accompanied by a rise in stock market indices while the 2001-2002 economic context is similar to 2022-2023 The Return of the legendary financier on Twitter and his dire predictions are generating many reactions musk did not hesitate to comment the billionaire says he'd rather smile and buries warnings than anything else Michael burry has reactivated his Twitter account after saying sell and has now tweeted a footer user posted on February 7th referring to the Investor's

message cracks me up every time musk responded with a laughing emoji musk and bury at history Scion Asset Management helped put options bearish bets against nearly 1.1 million Tesla shares at the end of June 2021 it exited the position three months later in November 2021 bury accused muskrcell and his Company's stock to service his personal debts bury is a broken clock must responded at the time but Mustin often take Berry's criticism the wrong way back in April when the investor sarcastically claimed

that musk's acquisition of footer shares might be good for America the techmobile responded with a good-natured quip bury said it was his last tweet with a blue check mark burry's Twitter account does not have a blue check mark to authenticate the identity of the author since last September of the relations between bury and musk seem to have warmed as the investor revealed that he was no longer shorting Tesla even though he said he should beat by replacing around 60 welded components with a single module gigantic aluminum

die casting machines made by the likes of Tesla supplier Hydra group are helping car makers to simplify manufacturing and cut costs by up to 40 percent in some areas Tesla has pioneered the use of massive casting machines also known as gigapresses to make large single pieces of vehicle underbody's streamline production and reduce the work of even robots this has helped to become the most profitable battery electric vehicle maker critics say the process poses quality and flexibility risks as a single flaw

can compromise a whole module and make fixing more difficult if something goes wrong but with the industry struggling to preserve profit margins of mid-surging raw materials prices car makers including Toyota General Motors Hyundai Volvo cars and Chinese electric vehicle startup Neo are turning to companies like idra for help the basic idea was to provide a technology that could simplify the car production process Hydra general manager Ricardo ferrario told Reuters in an interview at the company's

headquarters in travagliato Northern Italy battery packs currently make up 25 40 of the total cost of vev you need to make the rest cost less for vario said automakers using aluminum casting machines claim they can reduce Investments needed to build chassis a vehicle's second most expensive component after the engine by 40 and the average cost of their parts by 30 percent for vario said it's a way to eventually make be something for all Pockets he said I drove which was taken over by Chinese

group LK Industries in 2008 has been developing givea presses since 2016. competitors of idra and LK include Boulder group in Europe u-corp and shibra machine in Japan as well as yuzumi and Haitian in China give a press 9 000 metal and plastic die casting has been largely used in manufacturing but its application to large aluminum underbodies and car making is relatively new the global aluminum die casting Market was worth almost 1.73 billion dollars last year and is projected to top dollar 126 billion dollars by 2032 according to

an Alex partner's analysis based on Apollo reports data aluminum is prized for its light weight and is also used for other car parts including engines the average content of the metal and European produced cars Rose 20 to 179 kilograms in the three years to 2019 and is expected to increase to almost 200 kilograms by 2025 a study commissioned by Lobby group European aluminum shows hydra's newest and biggest Giga press the 9000 is the size of a small house and produces a clamping force of over 9

000 tons the company which made 100 million euros dollar 108 million dollars in revenues in 2021 does not disclose its customers but after posted a video of the first gigapress 9000 ready for shipping Tesla CEO Elon Musk said it was for his company's new Cyber truck already operates gigapresses in all its facilities including grenade near Berlin where it says it can turn out a model Y in 10 hours about three times faster than electric cars built by competitors ferrario said idra had contracts with three automakers

and as many Tier 1 Parts makers South Korea's Hyundai motor is among them sources familiar with the matter said Ralph bechman of manufacturing consultant of fiso said the benefits of die casting would push it to be applied to an increasing number of new models of Bev Vehicles also by other manufacturers front and rear underbodies cast by give a presses are now combined with battery packs to form a three-piece chassis for Bev I bet 80 of automakers will use givea presses by 203.5 at least for Bev cars

based on new platforms ferrario said but the real question is will we need even bigger Gaba presses yet not all automakers are convinced anafiso's man cautioned that large module die casting required product design to be super solid fixing design flaws is much easier with a body made up of several small parts rather than a single module he said after initially considering die casting for its upcoming Trinity model Volkswagen has backtracked while BMW has never expressed an interest ferrario said the Auto industry tended

to be conservative and that no one liked a pending established processes but he rejected idea that die casting pose a risk to jobs at carmakers noting body making was already highly automated the real issue will be with businesses supplying those little Parts replaced by our modules he said and with that ladies and gentlemen we've come to the end of the news like And subscribe to stay up to date with all the Tesla news but just before we go I'd like to remind you that this video is for news and entertainment only and

should not be used as investment advice