Heard on the Street Recap: Bond Bulls
The crash of a 787-8 jet in India is a blow to Boeing. (Siddharaj Solanki/EPA/Shutterstock)
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Forbes
44 minutes ago
- Forbes
Le Bourget - A Subdued But Substantial Paris Air Show
Crowds at the 55th edition of the International Paris Air Show at Le Bourget, on June 16, 2025. ... More (Photo by Alain JOCARD / AFP) (Photo by ALAIN JOCARD/AFP via Getty Images) The Paris Air Show is the largest air show in the world as measured by attendees or exhibitors. It has been held every two years (on odd numbered years) since 1949. The first four days are devoted to industry participants from both commercial and defense sectors representing OEM's and companies down through the supply chain and support services. Originated in 1908 as an offshoot of the Paris Motor Show, it was held at the Grand Palais in Paris until 1953 with flying demonstrations at Paris Orly airport. With the advent of commercial aviation growing to the mass market, the Show was moved to Le Bourget field, the landing site of Lindbergh's historic solo transatlantic crossing in May 1927, where he was greeted by a crowd of over one hundred thousand onlookers. The first "Salon du Locomotion Arienne" held in Paris's Grand Palais, 1909. Bleriot and other ... More monoplanes are seen in the foreground. In years past, Air Shows provided a measuring stick for the two major commercial aircraft OEM's, Boeing and Airbus, to keep score in their competition with each other. This was especially true in the 90's and early 00's as Airbus was gradually accumulating market share and eventually overtaking Boeing in aircraft sales and production. Companies would hold orders that had already been inked in previous months in order to boost their count for splashy headlines during the week of the Show. The Show also provided a world stage for the flight demonstration of a new aircraft model or defense system. In 2025, many of those aspects have changed or receded amidst a backdrop of war, recent tragedy and technological plateau. The ongoing hostilities in Ukraine have placed the spotlight on lightweight, agile offensive systems as opposed to the 'big iron' of new expensive weaponry. The tragic loss of an Air India Boeing 787 days before the Show led to the decision for senior Boeing executives to not attend and for the company to keep a low profile. The duopoly of the Airbus A320 and Boeing 737 series continues to build backlog without expectation of a new technology aircraft for at least a decade. A similar development was apparent in the military realm where legacy platforms which were designed years or decades earlier were being adapted to new missions, outfitted with new sensor suites, or positioned as flying 'command posts' for unmanned weapons. Nevertheless, dynamism was apparent in other sectors including Advanced Air Mobility (AAM), space systems and Maintenance Repair and Overhaul (MRO). MRO has continued to be a focus due to the continued demand driven by commercial aircraft that will need to be flown years longer on average, due to the production shortfalls resulting from the pandemic and various Boeing delays. JetZero ("A New Entrant to the Commercial Aerospace Duopoly?" - March 28, 2025) detailed its development plan for it's radical design aircraft that could serve as a next generation airliner or a military tanker. Sustainability, which has been a persistent focus for innovation over the past several years, was still strongly evident in pronouncements and product attributes, but the growing recognition that Sustainable Aviation Fuel (SAF) and hydrogen powered aircraft are not near term environmental solutions reflected the recent waning support from the International Air Transport Association (IATA) and Airbus. Several geopolitical forces were also evident in the concerns of attendees. First, the US Administration's pronouncements indicating weakened support for NATO and the need for European countries to contribute more to their own defense has intensified investment in and activities of defense companies within the EU. This coupled with the Administration's increase of the US defense budget amid global tensions resulted in a much more defense focused show than in years past. The mood was amplified by the Israeli attacks on Iran that began over the weekend when many of the initial receptions and gatherings were being held. Second, the Administration's imposition of tariffs has increased focus on the resiliency of global supply chains and the ability to meet production goals in a much more complex environment. On both the commercial, as well as the military side, the ability to deliver against order books was a paramount concern due to the ongoing ramp in commercial deliveries, and the shortfalls in munitions and missiles from wars in Ukraine and the mid-East. Much as the iPhone has continued to improve capabilities on a platform that debuted eighteen years ago, the sense of the show was not on new product announcements but on enhancements to legacy platforms and proving capability to meet demand expectations in a challenging global environment.
Gizmodo
2 hours ago
- Gizmodo
Tesla Might Have a Fix for the Elon Musk Problem
Tesla is having a nightmarish year, and much of the damage can be traced directly to its CEO, Elon Musk. After spending nearly $290 million to help Donald Trump return to the White House, Musk took on a tailor-made role in the administration, heading the new Department of Government Efficiency (DOGE). His push to slash federal agencies and cut social programs, combined with his embrace of controversial theories, sparked global protests outside Tesla showrooms. The company's liberal customer base, once its greatest asset, felt alienated, with many owners publicly regretting their purchases. The backlash has been brutal. In the first quarter, Tesla's global sales fell 13%, and its net income plummeted a staggering 71% to $409 million compared to the previous year. The company's stock is down over 20% since January. With early data suggesting the slide isn't stopping, the reputational damage looks deep and lasting, even after Musk's spectacular falling out with the president and departure from the administration. But Tesla may have an escape plan. According to a new report from Bloomberg, the automaker is turning its sights to India. The company is preparing to open its first showroom in Mumbai by mid-July, with another planned for New Delhi shortly after. A first shipment of Chinese-made vehicles, primarily the best-selling Model Y SUV, has already been sent to the country. This move isn't just about expansion; it's a strategic pivot toward the third-largest auto market in the world, a market that could potentially offset cratering demand in Europe and stiffening competition from Chinese rival BYD. For years, Tesla's attempts to enter India have failed, snagged by disagreements over local manufacturing requirements and pricing. The breakthrough appears to have come in February, after Musk met with Indian Prime Minister Narendra Modi during his state visit to Washington. The two leaders spoke again by phone in April. 'Spoke to @elonmusk and talked about various issues,' Modi posted on X. 'We discussed the immense potential for collaboration in the areas of technology and innovation.' Spoke to @elonmusk and talked about various issues, including the topics we covered during our meeting in Washington DC earlier this year. We discussed the immense potential for collaboration in the areas of technology and innovation. India remains committed to advancing our… — Narendra Modi (@narendramodi) April 18, 2025Musk responded enthusiastically, saying, 'I am looking forward to visiting India later this year!' It was an honor to speak with PM Modi. I am looking forward to visiting India later this year! — Elon Musk (@elonmusk) April 19, 2025For a company desperately needing to change the narrative, this pivot to a massive, untapped market could be the lifeline it needs. The question is whether a new chapter in India can be enough to fix the damage done at home. Tesla did not immediately respond to Gizmodo's request for comment.
Yahoo
2 hours ago
- Yahoo
Tesla (NasdaqGS:TSLA) Set To Enter Indian Market With First Showrooms In July
Tesla is set to make a significant shift, entering the Indian market in July 2025 with new showrooms. This expansion comes at a time when the company's stock price rose by 30% over the last quarter, amid flat market performance in the past week and a 10% rise over the past year. The entry into India is aimed at countering declining sales in Europe and China, which could have influenced investor sentiment. Despite challenges such as a recent lawsuit and executive changes, this regional expansion might add weight to the broader market uptrend. Tesla has 2 risks we think you should know about. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 27 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. The recent announcement of Tesla's expansion into the Indian market is a significant development that could influence its broader growth narrative. Despite facing challenges in other regions, this move may provide a new revenue stream, potentially mitigating some of the pressures from decreasing sales in Europe and China. Over the past five years, Tesla's shares have seen a very large total return of 403.51%, illustrating substantial long-term growth. When comparing to the previous year, Tesla's share return also surpassed the market, which returned 10%, and the US Auto industry, which posted a 60.9% gain over the past year. This suggests persistent investor confidence in Tesla, supporting its trajectory even amid short-term volatility. The strategic entry into a new market such as India might bolster revenue and earnings forecasts, as analysts anticipate a 16.6% annual revenue growth over the next three years. However, potential risks including geopolitical uncertainties and leadership changes could impact execution. With Tesla's current share price at US$275.35, it is trading close to the analyst consensus price target of US$289.44, suggesting a modest upside of 4.9%. This share price movement reflects mixed sentiments among investors regarding the balance of growth potential and inherent risks. Tesla's diverse initiatives, ranging from autonomous vehicles to energy solutions, underline its pursuit of long-term profitability, suggesting a complex interplay of factors influencing its market position. Gain insights into Tesla's outlook and expected performance with our report on the company's earnings estimates. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NasdaqGS:TSLA. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Connectez-vous pour accéder à votre portefeuille
