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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

The Motley Fool

Tesla (NASDAQ: TSLA) stock is one of the top positions across Ark's portfolios, and Wood calls it the biggest artificial intelligence (AI) opportunity in the world thanks to the company's full self-driving (FSD) software. across its portfolio of hardware businesses today. All of those revenue sources could carry high profit margins.

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Is This Good or Bad News for Rivian and Lucid?

The Motley Fool

But those bets turned sour for it when the EV industry's price war shifted into high gear, sapping the resale value of the EVs in Hertz's fleet. Hertz said that weak demand, steep depreciation, and high repair costs forced its hand. Now, Hertz has begun to sell off about 20,000 EVs -- roughly a third of its EVs.

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DXC Technology (DXC) Q1 2024 Earnings Call Transcript

The Motley Fool

Although this is not great news, I would like to point out that a major piece of the revenue shortfall was resale revenue, which is low margin, and we have conscientiously reduced over the last few years to limit our dependency on this type of revenue. So, in the short term, the underrun and resale revenue impacts bottom-line profit.

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Why Opendoor Stock Plunged 34% in April

The Motley Fool

Opendoor's struggles won't end until the housing market improves Opendoor operates an iBuying business, which means it buys properties for resale on its website and provides a digital marketplace for homes. It sold 3,078 homes for $1.2 billion, more than its guidance for a high of $1.1 Gross profit was $114 million with a 9.7%

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Why Opendoor Stock Plunged 24% in January

The Motley Fool

It makes quick offers on homes without the need for staging and open houses, which benefits sellers, and it makes the necessary home improvements to have homes ready for resale, which benefits buyers. A better way to buy and sell homes Opendoor operates an iBuying platform connecting buyers and sellers. Revenue was $980 million, down from $3.4

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Prediction: These 2 Stocks Will Soar If Interest Rates Are Cut This Month

The Motley Fool

High mortgage rates mean homeowners aren't looking for new digs, which means fewer houses on the resale market. There was significant improvement in contribution profit; adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA); and adjusted net income. billion, just above the high end of guidance.

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Is It Time To Throw in the Towel on Etsy Stock?

The Motley Fool

Revenue inched up 0.8%, helped by higher fees, but adjusted earnings before interest, taxes, depreciation, and amortization ( EBITDA ) and net income both declined. Over the last two years, GMS is down more than 8%, a clear sign that the business is in retreat. Image source: Etsy. Consider when Nvidia made this list on April 15, 2005.

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