GOOG Nov 2024 185.000 call
- Yahoo Finance Video
Why this investor is skeptical about Tesla's robotaxi event
Tesla's (TSLA) highly anticipated robotaxi event, dubbed "We Robot," is set to take place today at 10 p.m. ET. CEO of Gerber Kawasaki Wealth & Investment Management Ross Gerber joins Market Domination to share his perspectives on the event and Tesla's plans. Gerber expresses enthusiasm for the concept of autonomy but urges Tesla to be realistic about the timeline for fully functional self-driving technology. Drawing from personal experience, he describes autonomous driving as "horrendously difficult," often requiring human intervention. While optimistic about the technology's potential, Gerber believes "we're just not there yet." "I still am curious about...how they'll deploy enough cars at the right times in the right places to fulfill demand efficiently," Gerber tells Yahoo Finance, adding, "I'm not sure how this all works." "Why I own Tesla is they make the best EVs in the world... If they focus on selling EVs that are super safe with great technology, they can be wildly successful. Pivoting into becoming a robot company is an extremely high-risk move that is non-quantifiable, and there's no market for it yet," he explains. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith
- Yahoo Finance
Wall Street shrugs at Google’s legal setbacks isn't denial, it's pragmatism: Morning Brief
As the Justice Department seeks to possibly break up Google, the search giant's parent company's stock has barely moved.
- Reuters
Google’s EMEA boss to leave company after a decade in post
The man charged with overseeing Google’s operations in Europe, the Middle East, and Asia has stepped down after a decade in post. Matt Brittin first joined the tech giant as head of UK and Ireland operations in 2007, before rising through the ranks to become vice president of northern and central Europe, and then EMEA president in 2014. Prior to his time at Google, Brittin spent several years working as a consultant for McKinsey & Co, as well as a stint as commercial director Trinity Mirror, later rebranded as Reach PLC.
