REX Financial

🚨BIG NEWS FROM THE REX TEAM🚨 📈We're thrilled to announce that we've surpassed $5 billion in AUM 🚧Organizational update with the formation of REX Financial Check out the full press release for more information👇https://lnkd.in/g6bVbMPh

Weekly Tesla Update: China Sales Record, Delivery Miss and Rebound, and Energy Storage Growth Tesla China Sales Hit Record in December Tesla achieved a record 83,000 unit sales in China during December, marking a 12.8% month-over-month increase. However, China-made EV sales as a whole fell 0.4% year-over-year to 93,766 units. Despite the strong December performance, full-year sales of China-made Model 3 and Model Y, including exports, declined by 3.3%, with exports dropping 24%. Tesla Delivery Miss and Rebound Tesla reported Q4 deliveries of 495,570 vehicles, a company record but roughly 10,000 units short of Wall Street estimates. This shortfall led to a 6.1% stock drop on Thursday, as aggressive discounts failed to significantly boost sales. However, premarket trading saw a rebound, driven by a Canaccord price target hike to $404. Looking ahead, investors are optimistic about 2025, with expectations of a $30,000 EV and AI-powered robo-taxis fueling growth prospects. Tesla Energy Storage Deployments Surge Tesla's energy storage deployments reached a record 31.4 GWh in 2024, a 114% increase from 14.7 GWh in 2023. This growth highlights strong demand for Tesla's Powerwall and Megapack products. Revenue from the energy segment rose 52% year-over-year to $2.38 billion in Q3, showcasing the increasing importance of Tesla’s energy business as a key profitability driver.

This week’s tech update highlights Qualcomm’s partial court victory in a high-profile licensing dispute with Arm, OpenAI’s transition to a Public Benefit Corporation to advance its AGI mission, and TSMC’s expansion of advanced 2-nm wafer fabs in Taiwan, solidifying its leadership in semiconductor manufacturing amidst rising global demand.

This week’s tech update highlights Apple’s latest innovations, including AI-driven iPhone upgrades and advancements in AirTag, AirPods, and the M4 MacBook Air, Alphabet Inc.’s response to Japanese antitrust challenges with plans to defend its Android ecosystem, and Netflix’s impressive NFL streaming viewership numbers.

Weekly NVIDIA Update: Ibiden's Expansion, Geospatial AI Innovation, and AI Smartphone Growth Potential Ibiden Eyes Expansion to Meet AI Demand Ibiden Co., a key supplier to NVIDIA, is planning an accelerated production ramp for AI chip substrates to address surging demand. Its Gifu, Japan factory is set to reach partial capacity by 2025, reflecting the industry's robust growth trajectory. However, industry analysts caution about potential cyclical slowdowns in AI spending that could impact long-term forecasts. NVIDIA Advances Geospatial AI with Earth-2 NVIDIA's Earth-2 project showcases its cutting-edge geospatial AI capabilities, combining physics simulations and advanced computer graphics to enhance weather and climate predictions. Adopted by major organizations like NOAA: National Oceanic & Atmospheric Administration, this initiative highlights NVIDIA's ability to extend AI applications beyond traditional use cases, solidifying its leadership in spatial intelligence and innovation. AI Smartphone Demand Could Offset Data Center Slowdown As hyperscaler spending on data centers shows signs of plateauing, AI-enabled smartphones could emerge as a growth avenue for chipmakers. Advantest CEO Doug Lefever emphasized this potential shift, pointing to NVIDIA's complex Blackwell chips, which continue to drive demand for advanced testing equipment. However, broader reliance on hyperscaler spending underscores risks tied to cyclical downturns in semiconductor demand.

Here’s a look at this week’s key U.S. economic events. MONDAY Chicago PMI Pending Home Sales TUESDAY API Weekly Crude Stock WEDNESDAY New Year’s Day – Market’s Closed THURSDAY Initial Jobless Claims S&P Global US Manufacturing PMI ISM Manufacturing PMI Crude Oil Inventories FRIDAY U.S. Baker Hughes Total Oil Rig Count Total Vehicle Sales

Weekly Tesla Update: China's EV Market Growth, Cybertruck Sales Milestone, and FSD Safety Concerns China's EV Market Outpacing Targets China’s EV sales are forecasted to exceed 12 million units in 2025, growing 20% year-over-year and surpassing combustion engine sales. Leading players like Tesla, BYD, and Li Auto stand to benefit as Chinese EV adoption surges ahead of the U.S. and Europe, where growth has slowed. This trend solidifies China’s leadership in the global EV market. Cybertruck Outsells F-150 Lightning Tesla’s Cybertruck outperformed Ford Motor Company’s F-150 Lightning in Q3 2024, with 16,692 units sold compared to Lightning's 7,162. Despite its competitive pricing, the Lightning saw sales drop further in October and November, reaching just 5,506 units. Both EV trucks are facing production challenges and demand slowdowns, but Cybertruck’s early performance positions it as a key player in the growing electric truck segment. Tesla FSD Faces Safety Concerns Investor Ross Gerber raised concerns over Tesla’s Full Self-Driving (FSD) system, particularly its inability to detect emergency vehicles. While the latest FSD version 13.2.2 shows progress, Tesla is working to incorporate audio detection to address these safety issues. Gerber also highlighted that Cybertruck’s FSD capabilities trail behind other Tesla models, though Tesla continues to lead in overall software innovation, with growing competition from rivals like Rivian.

This week’s tech update highlights Apple’s plans to challenge Amazon in the smart home market with a Face ID-equipped doorbell, Google’s proposed remedies to address antitrust challenges while avoiding a breakup, and Meta’s push for leadership in augmented reality through significant upgrades to its Ray-Ban smart glasses.

🎉December Distribution News for $AIPI & $FEPI Holders! 🥇Distribution for $AIPI 📅Payout Date: 12/26/24 💰Amount: $1.4862 🥇Distribution for $FEPI 📅Payout Date: 12/26/24 💰Amount: $1.0831 🔗AIPI Prospectus: https://lnkd.in/gJWb7ce3 🔗FEPI Prospectus: https://lnkd.in/eP8V7dfZ 🔗AIPI Fund Info: https://lnkd.in/g5Y4_EKq 🔗FEPI Fund Info: https://lnkd.in/gaFCViG9