Wall Street Breakfast Beyond Meat slides on report delay
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Mar 17, 2026 A company delays its annual filing while reviewing inventory accounting. A major $4.3B battery plant pact for grid-scale storage is confirmed. A warning that memory chip shortages could drag on into 2030. Trending tech moves include AI strategy shifts, Nvidia’s big growth ambitions, and rising corporate carbon credit buys.
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Beyond Meat Delays Report Over Inventory Review
- Beyond Meat will delay filing its 2025 annual report to complete an inventory review that includes provisions for excess and obsolete stock.
- The company expects to file by month-end and projects 2025 net revenue around $275 million, slightly below consensus.
Tesla And LG Energy Sign $4.3B Battery Deal
- The U.S. confirmed a $4.3 billion deal for Tesla and LG Energy Solution to build a lithium-iron prismatic cell factory in Lansing, Michigan.
- Cells will power Tesla Megapack 3 systems made in Houston, with production expected to start in 2027.
SK Group Predicts Memory Shortage Through 2030
- SK Group's chairman warns a global memory chip shortage could last until about 2030 due to wafer supply lagging demand by over 20%.
- SK Hynix is expanding capacity but likely won't fully satisfy demand for years.