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Barron's Weekend Stock Picks: Tesla, Li Auto And Meta Is Back In China

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Barron's Weekend Stock Picks: Tesla, Li Auto And Meta Is Back In China

Benzinga reviews this weekend's top stories covered by Barron's. Here are the articles investors need to read.

In "Tesla Is Exploring New Ways to Sell EVs. That’s Probably Good," Al Root writes that Tesla Inc's (NASDAQ: TSLA) new electric vehicles are now listed on Cars.com, suggesting a potential shift towards traditional advertising and dealership channels — and prompting questions about the company's sales strategy and pricing approach.

In "Bank of America Stock Is Slumping. One Director Bought Up Shares," Ed Lin notes that Bank of America Corp (NYSE: BAC) stock, down 17% in 2023, saw a recent insider purchase by director Thomas D. Woods, hinting at renewed confidence. 

In "Disney’s Strong Earnings Might Not Placate Peltz," Carleton English explains that Walt Disney Co's (NYSE: DIS) Q4 earnings boosted the company's stock by 6.9%, but activist Nelson Peltz, supported by former Marvel executive Isaac Perlmutter, may persist in seeking more changes and board seats.

In "Li Auto Is Outgrowing Tesla With a Strategy That Could Work in the U.S," Root says that Li Auto Inc's (NASDAQ: LI) innovative range-extended electric vehicle strategy boosted its Chinese market share with 31% YoY sales growth in October, while Tesla's market share declined from 10.6% to 8.2%.

In "Meta Has a Path Back Into China. It’s a Rare Win for Zuckerberg’s Metaverse Push," Adam Clark writes that Meta Platforms Inc (NASDAQ: META) is returning to China in partnership with Tencent Holdings ADR (OTCMKTS: TCEHY) to sell a budget-friendly version of its virtual-reality headset, aiming to tap into the Chinese consumer market for VR technology.

Read Next: Biden Backs Unionization At Tesla, Lucid's Dismal Quarter, Fisker Scouting Manufacturing Partners And More: Biggest EV Stories Of The Week

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

 

 

 

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