Its shares have fallen 99% and threaten to sink it

As I write these lines, X (the artist formerly known as Twitter) is full of memes and jokes about Fernando Alonso and the vibrations of the AMR26. I don’t know what happened to him in qualifying for the Australian Grand Prix. I don’t even know if, given what I’ve seen, He will at least be able to run on Sunday. The only thing that is clear is that Aston Martin is a meme factory. They have kept Fernando Alonso, capable of selling us the impossible. They have signed Adrian Newey, one of the most successful people in the history of Formula 1. And the preseason is summarized in that, in a year that Honda powers the team, Fernando Alonso has been seen walking with a Toyota Yaris through Monaco. Did you think it couldn’t be worse? Well, tell that to those who bought Aston Martin shares in 2018. Today they have depreciated 99%. The company’s fate hangs by a thread, mired in debts that seem like a slab that is impossible to lift. No clear candidates for purchase. With Lawrence Stroll, owner of the Formula 1 team and endorsement for his son to drive one of the cars, buying the company’s image to be able to use its name, colors and logo in the future. You can do it no matter what. And that’s not good at all. A life on the brink of bankruptcy The story of Aston Martin is a story of survival. Actually, few luxury companies can say that they have not encountered serious viability problems throughout their history. Ferrari, who sees the world burning around him and who seems untouchable on his throne, It was saved by Fiat in 1969. Lamborghini did not find stability until it was bought by the Volkswagen Group. Bugatti, which is also inside, it’s a money losing machine. And if we look at the British, Jaguar is in a process of reinvention. Lotus was bought by the Chinese conglomerate Geely and today little remains of what it was. McLaren is not much better than Aston Martin. As Raymond Blancafort explains in The Vanguardbarely 10 years had passed when Aston Martin encountered its first bankruptcy. After a first adventure focused on the world of competition, it was in the 1930s when the management at that time began to focus the company on street sports cars. Things would not improve later and David Brown, a businessman, would be the one to buy the company after World War II, assume the accumulated debts and pay his own tribute. And since then, Aston Martin sports cars have the letters DB associated with them. As the decades passed, the brand maintained two things: fame and debt. While James Bond rode around in his sports cars, the company’s buying and selling games marked the future. To the point that the company came to form Premier Groupthe umbrella under which Ford held Jaguar, Land Rover, Volvo… and Aston Martin. Things would not end well (Ford announced historic losses) and In 2007 it changed hands again to go to David Richards, who already controlled the future of the competing company, with the support of an American banker and two Kuwaiti groups. In 2013, Mercedes joined the company with a small participation and the objective of sharing knowledge and developments. In 2020 Lawrence Stroll arrived. A more than complicated crisis We have stopped along the way because the arrival of Lawrence Stroll marked a before and after. In 2018, this Canadian businessman creates the Racing Point group and buys the Force India Formula 1 team. The following year, he formed a team with the Mexican driver Sergio Pérez and a debutant: his son Lance Stroll. It would not be until 2021 when Racing Point became the Aston Martin Formula 1 teamwhich remains in a completely separate structure from the car manufacturer. But how do you get to this point? At the same time that Lawrence Stroll was taking his first steps in Formula 1, the Canadian acquired 16.7% of the vehicle manufacturer. The agreement included that the Formula 1 team would inherit its name. For this, Stroll paid almost 240 million dollars and a rights issue of 417.5 million dollars was carried out, which already anticipated that his weight in the company would continue to increase. The promise was to get Aston Martin out of a complicated situation. With less than 6,000 cars sold, the company announced losses of more than 120 million euros, 89% more than the previous year. Stroll arrived with the intention of turning the Aston Martin DBX, its future SUV, into a luxury product. Yes to Porsche had rescued him with the Cayenneif Lamborghini was producing the Urus, Aston Martin would regain momentum with the DBX. The truth is that the car is being a failure. The British SUV has never had enough traction and nor did it have the advantage of the Cayenne or the Urus, which share a platform and development with other Volkswagen Group cars, which helps reduce the risks. The projections of selling 5,000 cars annually have remained at 1,000 units placed on the market each year. With the Aston Martin DBX in free fall, the next ones to jump off the cliff were investors. Since going public in 2018, the shares have fallen 99% and The company now costs just over 400 million euros. last summer Liverpool invested more money in signings than what the entire company costs. Although the SUV has not found its place in the market, the DBX has not been the only thing that has failed. In 2017 the development of the Rapide Ewhich was supposed to be a rival to the Tesla Model S. The project ended up being canceled for a very simple reason that was pointed out by Tom Stacey, a senior lecturer at Anglia Ruskin University who worked for the company at BBC: In all parameters, the Aston Martin was a worse car than the Tesla. Not only that. Time has shown … Read more

“I wish I had kept some shares”

In 1993, three young engineers sat around a table at a Denny’s from Silicon Valley with an ambitious idea: to create processors capable of generating realistic 3D graphics on a computer. Thirty years later, the result of that conversation is called NVIDIA and it is the company with largest market capitalization in history, with a market value that exceeds the 4.6 trillion dollars. Of those three founders, only one has remained at the helm: Jensen Huang. Paradoxically, Curtis Priem, the engineer who designed his first chips, lives almost disconnected from the world. He took a completely opposite path from Huang by selling all of his NVIDIA shares. Today he would be the second richest person in the world, only behind Elon Musk. Three engineers who only wanted quality graphics Jensen Huang, Chris Malachowsky and Curtis Priem were three young engineers who already saw the potential of GPUs long before they became popular. the AI ​​engine. In those years, their goal had a much more practical focus: to make video game graphics They will improve. As confirmed by Jensen Huang himself in an interview For the Stanford Graduate School of Business, the initiative came from its two partners. “Chris and Curtis said that one day they would like to leave Sun Microsystems, and that they would like me to figure out why they were leaving Sun Microsystems. They insisted that I figure out with them how to build a company.” Months later, NVIDIA was a reality. The company started with $40,000 in the bank. Huang ended up being the visible face of the company, while Priem focused on the more technical part and Malachowsky remained on a more discreet level as a senior executive. NVIDIA went public in January 1999 at a valuation of about $1.1 billion, and at that time, Priem already owned approximately 12.8% of the company. The Invisible Architect: Curtis Priem While Huang served as the company’s CEO, Priem worked in the shadows designing the architecture that would allow engineers to program NVIDIA chips. It was not the first time he had done this job since he had worked at companies such as Vermont Microsystems, GenRad, IBM and Sun Microsystems, where he was part of the design team for the IBM Professional Graphics Adapter, the first dedicated graphics processor for PCs. Priem accumulated nearly 200 patents in the US and internationally throughout his career, according to indicated in the profile of your foundation. Priem’s ​​role at NVIDIA was so technical and so far from the media spotlight that the founder himself counted to Forbes that his colleagues had created an unwritten rule for him: “never put Curtis in front of a camera, and never put Curtis in front of a client.” The 600 billion dollar man Priem was never much of a business person, so he didn’t feel comfortable at NVIDIA. Shortly after the company’s IPO, he founded the Priem Family Foundation and transferred more than three-quarters of his stake in NVIDIA to it. As and as you estimate Fortunewould have been the equivalent of about 100 million NVIDIA shares. By 2006, Priem had already sold all of his shares in the company. If Priem had retained his initial 12.8% stake, without taking into account potential share dilution, that stake would be worth more than $597 billion today. That figure would have made Priem the second richest person in the world, surpassed only by Elon Musk. Instead, Forbes esteem that Priem’s ​​current assets are around $30 million, which gives him enough to live without pressure, although he acknowledges that “I did something crazy. And I wish I had kept some more shares.” Philanthropy and a clock that reminds you of NVIDIA twice a day Currently, Priem lives in a large house in California, in an area with unreliable cell coverage. He has a private plane, but he uses it only four times a year to travel home. alma mater: he Rensselaer Polytechnic Instituteto which since 2001 it has been making regular donations that now total more than 275 million dollars. As he explained, philanthropy gives him “purpose and sanity.” His family foundation is dedicated to financing educational and innovation projects in areas such as art, science and technology, currently has about $160 million in assets and plans to cease operations in 2031. According to collected FortuneCurtis Priem thinks about NVIDIA at least twice a day: when he puts on and when he takes off his Omega Speedmaster X-33 Mars, a watch that NVIDIA itself gave him on the occasion of his fifth anniversary with the company. Meanwhile, the only one of the three founders who is still in the company, Jensen Huang, accumulates a net worth of about $157 billion with just a 3% stake. AND Chris Malachowskythe other co-founder, continues as senior vice president of NVIDIA, with a net worth that, although unknown exactly, places him in the category of billionaire… although not at the levels that Priem could be. In Xataka | Jensen Huang has done something highly paranormal in Silicon Valley: being in favor of more taxes Image | RPINVIDIA

Not collecting the shared shares of the Gordo de Navidad correctly can cost you a lot of money

El Gordo de Navidad is much more than a lottery draw. It is a cultural tradition that has taken root in Spain, causing many people to share tenths with family, friends or co-workers as a symbol of hope and good wishes sets. However, this gesture of good will, so common these days, can become a serious problem if the prize is not collected correctly. The Technicians of the Ministry of Finance (Gestha) they insist in which the way of collecting and distributing the prize is key to not ending up paying more taxes than necessary nor face subsequent tax penalties. Treasury is one more to distribute. In the Christmas Lottery, prizes over 40,000 euros are taxed at 20% on the part that exceeds that amount, so that a tenth awarded with the Gordo de Navidad (400,000 euros) becomes 328,000 euros net for the winner and 72,000 euros for the Treasury. Aitor Fernández, head of the tax area of TaxDownexplains that “the first 40,000 are always exempt. That leaves us with a total of 360,000 euros on which the 20% tax is applied,” and remembers that the bank already delivers the money with the withholding applied, so that the winning person directly receives the net amount. How to collect a shared tenth without fears. The Tax Agency recommends that, when a tenth is shared by several people, all participants identify themselves at the time of collection or designate a representative with notarial power to certify the identity and the percentage of prize that corresponds to each participant. Fernández details that the banking entity is in charge of taking the data of “how many are the winners, how it is distributed and is in charge of settling the tax before the Administration, giving each beneficiary their already net part.” If all the participants are identified, the financial institution distributes the exemption of the first 40,000 euros among all of them and applies to each one the corresponding withholding on the part of the prize that corresponds to them, in proportion to their percentage. Thus, they all appear as beneficiaries before the Treasury, which can verify that each one has supported 20% of what exceeds 40,000 euros without there being any double taxation or suspicion of donations covert The mistake that one collects and then distributes. The TaxDown expert warns that the greatest risk appears when a single participant collects the tenth in his name without leaving a record that this prize will be distributed later, and then distributes the money through transfers to the rest. “It is a mistake that can be made and should be avoided at all costs,” emphasizes Fernández. In that case, both the 40,000 euro exemption and the 20% withholding apply only to the person listed as the prize holder, while subsequent movements can be seen as cash gifts. As Fernández details, for the Tax Agency “subsequent transfers corresponding to a hypothetical distribution would be considered donations, which consequently implies that they are taxed.” This means that whoever receives the money could have to pay the Inheritance and Donation Tax, with the added problem that many autonomous communities only reduce this tax among first-degree relatives, while among friends, unmarried couples or other distant relatives the tax cost can skyrocket. A prize free of charge. Regarding the treatment of the prize in personal income tax, the TaxDown tax expert recalls that, once the withholding corresponding to the special tax Regarding lotteries, the amount obtained is not taxed again in the Income Tax return and does not affect access to scholarships or aid that depend on income, although it may influence the Wealth Tax of those who are obliged to present it. Fernández emphasizes that “what they pay us is what we can dispose of” and that there will only be new taxation if that money is invested and generates interest or capital gains, which, then yes, will have to be declared in the personal income tax as capital gains, but not for the money received from the lottery. For this reason, the expert remembers that it is best not to rush when investing that money and it is best to think about it calmly. At the end of the day, letting it “rest” is not going to entail an additional tax expense. In Xataka | Why do millionaires like Zuckerberg and Gates decide not to leave all their money to their children? Image | Flickr (Aiaraldea Gaur eta Hemen)

Seagate shares soaring

A picture, they say, is worth a thousand words. Here is that image. So far this year Seagate shares have gained 148%, and Western Digital shares have gained 156%. Source: Google Finance. These two graphs show the evolution of Seagate and Western Digital shares so far this year. The first has grown 148.38% on the stock market in the last ten and a half months. The second, a little more: 156.09%. Both companies are the major players in the field of traditional hard drives. They divide the market equally (approximately 40% share each) along with Toshiba (approximately 20%), but that market seemed to have been relegated to the background, correct? Incorrect. A second youth for the traditional hard drive It is true that SSD units are the clear protagonists due to their performance and the fact that their prices have not stopped falling in recent years, but hard drives continue to be the absolute champions of capacity. AND that matters a lot (a lot) in the world of AI. The reason is obvious: AI data centers make use of thousands of advanced GPUs both for model training and inference, but everything we say to ChatGPT, Gemini or Claude is stored, and we also have to save the images, videos or documents that we upload to interact with those AI models. There are terabytes and terabytes of content who need an efficient and economical storage medium. And that’s where hard drives come in. If you want to store a lot of data, these drives are the clear choice. Both Seagate, Western Digital and Toshiba continue to offer continuous advances to bring together more and more data on their drives. In recent months we have seen hard drives that, thanks to HAMR technology, reach an amazing 36 TB. The price, which is around 700 euros, is almost ridiculous considering that capacity: less than 20 euros per TB. There is nothing even remotely similar in the world of SSD units: there it is normal to find 8 TB units at most, although it is true that some companies prepare mammoth 256 TB units that have not reached the market and will probably have exorbitant prices. That has caused the demand for traditional hard drives to skyrocket again when it seemed that this technology could go out of fashion. This is exactly what these two firms have taken advantage of, as they are experiencing a surprising new golden age. The gigantic investment in data centers benefits both companies, because they too will benefit from spectacular demand into storage units for those data centers. And if everything goes as it seems—and the theoretical bubble does not burst— the short-term future looks especially rosy for both companies. In Xataka | If the question was how the US was going to get rare earths after China’s veto, the answer is: hard drives

Openai is already worth half dollars, its employees are selling shares … and the San Francisco Explorado real estate market

OpenAI has closed a secondary sale of shares of 6,600 million dollars that places its valuation at 500,000 million. In addition to a financial milestone, this is also an earthquake in the San Francisco real estate market, where employees more than two years old are monetizing part of their participations to buy properties. Why is it important. The operation allows current and old workers to sell Equity to investors eager to access the company’s shareholders or increase its presence in it. They are actors like SoftBank, Thrive Capital or MGX of Abu Dhabi. Openai had authorized sales for more than 10,000 million, although it finally only materialized 66% of that amount. A year ago, its valuation was 157,000 million. It rose to 300,000 million in March 2025, and now reaches 500,000 million, surpassing Spacex (456,000 million). The context. San Francisco real estate agents They are seeing something they had not seen before: Buyers who sell shares of private companies to pay tickets of $ 375,000 (the average in certain neighborhoods of the city) or directly buy in cash. Neighborhoods like Hayes Valley (renamed ‘Valley brain‘For the concentration of AI startups), Noe Valley and Mission Bay are receiving direct pressure from these new buyers with a deep pocket. Mechanics. OpenAI and other AI companies remain private (that is, without going to be traded in the stock market) much longer than the technological startups of previous generations. Employees cannot wait years in an IPO to access their paper wealth. So secondary markets, where private shareholders sell to institutional investors, have become the fast road to convert cash actions. Between the lines. This secondary sale fulfills two functions: On the one hand, it is a retention tool in the middle of a brutal war for talent: Goal has signed at least seven OpenAi Top engineers This summer, often with millionaire bonds. On the other, it allows Openai to keep employees happy who could be frustrated by the lack of liquidity, without having to go over or dilute the control. Yes, but. The OpenAI conversion into a profit company It has not been reversed by a final sentence. In March 2025, a federal judge rejected Elon Musk’s request to issue a precautionary measure to block that change, although he allowed several of his claims to proceed to trial. On the other hand, some investment conditions linked fund commitments (for example of softbank) to which OpenAi advanced with its restructuring, so that if certain milestones were not fulfilled, those commitments could be affected. Musk, who co -founded Openai and left the organization in 2018, sued Openai and Altman arguing that they had breached foundational commitments by moving away from his original non -profit mission. The impact. The consequences in San Francisco go beyond buyers with a lot of money: AI companies such as OpenAi, Anthropic and company are causing An increase in housing demand in neighborhoods close to their work. The cycle features: more well -paid employees generate more demand, more pressure on prices, and more need for immediate liquidity to compete in a market where cash offers have an advantage. Real estate professionals point out A change with respect to previous booms technological: Buyers not only have a high heritage, but also have access to immediate liquidity through secondary markets. They sell just enough for entry and closing expenses, and maintain their exposure to the company, but ensure a tangible asset that diversifies their risk. The big question. Is this sustainable? Openai right now is The most valuable startup in the worldbut loses money while competing in an AI infrastructure race that needs almost unlimited money. If the valuation bubble is deflated, thousands of employees with huge mortgages based on overvalued shares could be seen in trouble. At the moment, the secondary market is creating a new class of owners in San Francisco: AI engineers who have turned code into houses without waiting for the Wall Street bell to sound. In Xataka | Openai’s new social network is hilarious and addictive. So much that it is easy to forget what hides behind Outstanding image | Joshua Sortino

Tesla sales in Europe have sunk 45% and their shares are paying expensive. It’s not even your worst news

The beginning of 2025 is not being the best for Tesla. Sales of electric cars in Europe have shot last January but their sales have fallen to worrying levels. The prospects for investors are not good. These are the data. A new fall. Two weeks ago, we counted on Xataka that the price of the action in Tesla marched in free fall. So, its price was $ 336 when we wrote that item. Subsequently, the price increased slightly but has fallen again And when we write these lines, the barrier of 300 dollars has already broken, accumulating a drop of almost 20% in less than a week. To be below $ 300 is to walk towards November 2024 levels. That same month he had started with good news for Tesla in the stock market, since it started from about 250 dollars/action. Then it went up to a peak of about 480 dollars/action. The fall has been more or less constant since then, mid -December 2024. With the last fall, we talk about a setback of almost 30% in what we have been. A setback that for many is related to Elon Musk’s approach to Donald Trump and the fall of sales of his cars. For others, it is as simple as The price of the shares was swollen And now we are living a readjustment. In a political key. Is it affecting the Elon Musk’s political positioning To sales and shares of Tesla? We evidently speak of sensations because the fall in sales may be due to different circumstances and establishing a direct line between the two situations is only One more of the possible interpretations. It is true that In CaliforniaTraditionally progressive state, the sales of its Tesla Model 3 fell 36% in 2024, while in the United States the setback the setback was 12%. And the messages in the cars warning that the driver bought the car “Before Elon (Musk) went crazy” They seem more common every day. Likewise, your approach to ultra -right -wing positions in Europe can undermine sales. Especially in Germany where Musk has shown its support to AFDthe party that has triumphed throughout the east of the country except in the capital, Berlin, where the company has a Gigafabrica that has raised controversy since its opening until possible extensions. The data. Pure and hard. Because the influence of Elon Musk’s political positioning on Tesla’s sales is still a sensation. What can be talked about is numbers. And the results are being bad. Bad to the point that its fall is 45% in Europe, just when the electric car rises. They are ACEA data. The fall in Spain was especially striking. In January 268 Tesla cars were enrolled in our country, a decrease of -75.50% compared to January 2024, according to ANFAC data. But it is much more serious in France and Germany, since they are the markets with the highest volume of electric vehicles in Europe. In Germany, Tesla enrolled 1,277 cars (The lowest figure since July 2021). The fall was 54% and the market share went from 14% to 4% among electric cars. With 1,141 units sold, In France sales fell 63%. TESLA EUROPE SALES VS Electric cars sold in Europe A key year. Staying behind and losing market share in 2025 is especially serious for the company this 2025 in Europe. It is expected that, threatened by fines of billions of euros, the volume of electric and plug -in hybrids rises considerably. This will force to reduce prices and put the complicated things to Tesla. The first month of 2025 has already served to take the pulse, always according to data from Acea. Electric sales in Europe have grown by 34% compared to the same figure last year, adding 124,341 cars by the 92,781 electric cars last year in January. And most importantly, results are traced in France (0.5%drop) which is the second largest market in Europe and rises in the most popular. In Germany, which last year dealt with these dates with the sudden withdrawal of aid, grows 53.5%. Belgium is now the third country that buys more electric (growth of 37.2%) and the Netherlands also rises a lot (+28.2%). Already outside the European Union, the United Kingdom has gone from 20,935 to 29,634 electric cars last January (+41.6%). Tesla market share in the general market (including combustion) and electric in Europe Let’s not forget. In spite of everything, there is something we cannot forget about: Tesla is immersed in a restructuring of the range of its best -selling model. He Tesla Model and has received a Important face washing that many purchases may have delayed and whose impact we will not see until after a few months, when the new units are enrolled. In its launch, Tesla opted for a version that forced 60,000 euros to spend in the car. A price that not many have been willing to pay. Shortly after, the company confirmed that the renovation reached the entire range, with a much more restrained output price of 44,990 euros. In the same way, it remains to be known (and we will only see it with the passing of the months) how it is going to the Tesla Model 3. With its renovation it received a strong support in sales but taking into account the sales figures of the Q4 of 2024, where the company did everything possible to improve the figures of the previous year, it is very likely that there is a Stock surplus to which they now have to give way and that the data of these first months would be resorting. Losing rhythm. The problem for Tesla is that, as we see in the superior image, it is in its market share among the lowest electric vehicles in the last year. In all 2024, no month broke the 10% market share barrier. There were periods in which almost one in three electric cars bought in Europe was a Tesla. Losing pace is a … Read more

Justine Musk revealed one of the best productivity secrets that Elon Musk shares with Warren Buffet: saying no

Justine Musk is the first wife and mother of six of 11 children children of Elon Musk. He shared a life with Musk even before he became a millionaire after the sale of Zip2. This perspective of Elon Musk, before and after being a millionaire, has allowed the now writer and lecturer to discover one of the secrets of the success of the richest person in the world: say no. During a TEDx talk in 2014Justine Musk highlighted Elon Musk’s ambition and ability to focus, but also a talent that not everyone possesses, such as saying no. Saying no is saying yes As Justine Musk explained, a good part of her ex-husband’s success lay in saying no to many things that they were going to consume your timeto say yes to others that were going to lead him to success. “He said no to people who wanted his time, attention and energy. He said no in a way that protected his resources so he could channel them toward his own goals. And I understood that behind every no there is a deeper ‘yes’ to what what you want,” Justine said in her talk. “Your deep yes is your right to dream,” the writer concluded. The author of six books pointed out that this ability to saying no is a talent which is acquired at a young age and their children also began to develop it. As Justine Musk said in her TED talk, her children were already exercising their power by refusing to do certain things, thus reaffirming their individuality and the talent of wanting to be masters of their own schedule. However, Justine herself recognized that she herself had lost that ability to say no to others between the ages of eight and thirteen. The writer highlighted that this ability to know how to say no to other people not only denotes power to confront negative reactions of whoever requests to occupy your time, also reveals precision in the management of one’s own time and intention. Warren Buffett has his calendar full of noes Elon Musk is not the only one who values ​​his time above anything else and therefore preserves it from any interference. Warren Buffett is also very careful with the use of his time and has the ability to keep his calendar with large spaces available. This was revealed by his good friend Bill Gates during a intervention on the Charlie Ross show in which both millionaires talked about the topic. Bill Gates pointed out how careful Warren Buffett is with his time. “The fact that he’s so careful with time, he has days where there’s nothing on (his schedule)…sitting and thinking can be a priority much older. “It is not an indicator of your seriousness that you have occupied every minute of your schedule.” Greg McKeown, in his book ‘Essentialism‘, highlights a curious paradox about productivity, stating that true productivity is not about doing more, but about doing less. Saying no to other people prevents you from loading your to-do list with tasks unrelated to your goals, so they should be eliminated at all costs. At first, saying no may take an internal effort, but in the long run, that turns into more time to dedicate to what really interests you. In Xataka | Being kind at work is positive, as long as doing so does not affect productivity: the benefits of saying ‘No’ Image | Flickr (NASA HQ PHOTO), TEDx Talks

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