Analysts Predict Tesla Will Eventually Have Flying Cars and Microsoft Extends Cloud Dominance in the Industry
Tesla, Inc. is an American electric vehicle and clean energy company based in Palo Alto, California. Tesla’s current products include electric cars, battery energy storage from home to grid-scale, solar panels, and solar roof tiles, as well as other related products and services.
Tesla has performed with high volatility over the past few years, reaching major milestones in its price and making some investors a fortune. In the past few months, the trend has seen less volatility as the electric vehicle space has become increasingly crowded out and competitive – decreasing investor confidence in Tesla as only one company in the picture. Some investors believe Tesla will once again be unique by making flying cars. Analyst Adam Jonas explained that he felt there was a strong chance Tesla would offer flying cars and that the potential skills transferability and network adjacencies are too strong to ignore.
Microsoft Corporation is an American multinational technology company that produces computer software, consumer electronics, personal computers, and related services. Microsoft sits above a trillion-dollar market cap, making it the third U.S. public company to be valued at over $1 trillion after Apple and Amazon, respectively.
Recently, Microsoft revealed a “Cloud PC.” The Windows 365 PC-as-a-Service streams the operating system and includes data, apps, and settings. Wallstreet has reacted to the new kindly, for example, Jefferies reiterated a buy rating on the tech giant and even went as far as to say it was one of the most well-positioned companies in a virtual or remote work setting. Specifically, Jefferies said: “We believe MSFT is set up to flourish in a work from anywhere environment and see plenty of growth drivers leading shares to our $310 PT,” updates the firm.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.