General Motors (GM) to Develop Platform Targeting Chinese Affluent

Chevy Will Not Follow Cadillac and Buick in Offering Franchise Buyouts

In a report by The Verge, Chevrolets global vice president, Scott Bell told the news site that his brand would not follow its sister brands, Cadillac and Buick, in offering buyouts to dealers who do not wish to make the investments to upgrade their facilities for electric... More

Tesla (TSLA) Releases 'Overly Cautious' FSD Beta 10.69.2

Tesla (NASDAQ: TSLA) quietly began releasing their Full Delf-Driving beta version 10.69.2 on Sunday. Later that evening, CEO Elon Musk announced the rollout on Twitter.

FSD Beta 10.69.2 rolling out now. Please note that top priority is safety, so expect it to be overly cautious, especially around pedestrians. Elon Musk

Tesla fan and FSD user, Chuck Cook was one of the first few to receive the update and test the new system. Cook told Twitter that hed... More

SpaceX CEO Elon Musk: 'We've had some promising conversations with Apple'

Multi-billionare and SpaceX CEO, Elon Musk hinted at a possible collaboration with Apple (NASDAQ: AAPL) today after responding to a user on Twitter (NYSE: TWTR). The user, going by the name of Zack, expressed his hopes that the... More

Musk Says Owners Should Get $100 Credit if Tesla (TSLA) Changes Service Appt Times

With electric vehicles becoming prevalent in the world, it stands to reason that most may eventually need maintenance. However, with supply chains still experiencing slowdowns, some Tesla (NASDAQ: TSLA) owners are having to wait.

A recent tweet by a Tesla owner to... More

Chevrolet Introduces All-Electric 2024 Equinox

Chevrolet introduced the new 2024 Equinox EV on their website Thursday, the third electric vehicle introduced by the carmaker this year. The all-electric SUV is designed to help modern families make a seamless, confident, and uncompromising transition to electric vehicles.

We are at a turning point where EVs will be the mainstream choice for the next generation of customers and... More

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Active options: TSLA AAPL NVDA AMD AMZN META RIVN GME GOOGL

Tesla (TSLA) Reports Strong August Sales Numbers in China

Tesla (NASDAQ: TSLA) reported their Chinese sales numbers for August selling 76,965 Chinese-made vehicles. According to Reuters, the company nearly tripled its sales from a month ago when scheduled upgrades disrupted most production.

The China Passenger Car Association (CPCA) said the electric carmaker exported 42,463 Model 3s and Model Ys from China last month. In July, it sold 28,217 vehicles and exported... More

'As Expected', 'Selling Fear'... 7 Analysts Discuss Apple's New Products

Apple (NASDAQ: AAPL) presented the new iPhone 14 and Apple Watch lineups yesterday, as well as the 2nd generation of AirPods Pro. The company will be taking preorders over the next few weeks while some products are available for shipping as soon as next week.

Heading into the event, Wall Street analysts were mostly focused on the prices for iPhone 14 Pro and iPhone 14 Max. In line with what some analysts were expecting, including Goldman Sachs Rod Hall, Apple kept its USD pricing for all models of iPhone unchanged.

Heres what Wall... More

Tesla triples deliveries of China-made cars after upgrade in Shanghai plant

SHANGHAI (Reuters) -Tesla sold 76,965 Chinese-made vehicles in August, nearly triple its sales from a month ago, as it quickened deliveries after ramping up output at its Shanghai plant.

The U.S. carmaker exported 42,463 Model 3s and Model Ys from China last month, the China Passenger Car Association (CPCA) said. In July, it sold 28,217 vehicles and exported 19,756.

After a scheduled upgrade disrupted most production in July, Tesla ramped up output at the Shanghai... More

Apple (AAPL) option IV offered lower after event

Apple (NASDAQ: AAPL) September weekly call option implied volatility is at 36, September is at 33; compared to its 52-week range of 20 to 44 after product event.

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Active options: TSLA AAPL AMZN NVDA META AMD BABA BBBY MSFT NIO

Apple (AAPL) Launching iPhone 14 and Other Products, a 'Major Feat' Says Analyst

Apple (NASDAQ: AAPL) held its first in-person product launch event since before the pandemic Wednesday afternoon with the highly anticipated iPhone 14 launch.

While the iPhone 14 was front and center at the launch event, Apple also announced a raft of other products and updates, including the Apple Watch Series 8 and the enhanced AirPods Pro 2.

The iPhone 14 series includes the general model, the 14 Plus, the 14 Pro, and the 14 Pro Max. Apple said the 14 and 14 Plus... More

Factbox-Apple launches iPhone 14 with emergency satellite messaging, adventure watch

(Reuters) - Apple Inc on Wednesday launched its latest iPhone series with an improved camera and satellite messaging for emergencies, while also unveiling a rugged watch targeting sports enthusiasts.

The iPhone 14 models, starting at $799, will test Apple's ability to wring dollars from its relatively affluent customer base, whose spending has so far held steady in the face of an economic slowdown.

Here is a list of Apple's top launches at the "Far out" event:

IPHONE 14 WITH SATELLITE CONNECTIVITY

Apple added a new "emergency SOS via satellite feature", allowing... More

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Apple picks Globalstar for emergency satellite service on iPhone 14

(Reuters) -Apple Inc on Wednesday selected Globalstar Inc as its partner for a feature that would allow iPhone 14 users to send emergency messages from remote locations.

The tech giant said it was dedicating $450 million from its advanced manufacturing fund toward satellite infrastructure to support the feature. GlobalStar will receive the majority of the funding, but the iPhone maker did not specify which other players will receive the rest and in what form.

Apple (AAPL) Introduces iPhone 14 and iPhone 14 Plus

Apple® today introduced iPhone® 14 and iPhone 14 Plus, featuring two sizes 6.1 inches and 6.7 inches in a sophisticated design with impressive camera upgrades and groundbreaking new safety capabilities. iPhone 14 and iPhone 14 Plus take stunning photos and video with a powerful camera system featuring new Main and front TrueDepth® cameras, the Ultra Wide camera for unique perspectives, and Photonic Engine an enhanced image pipeline. Both models include the A15 Bionic chip with a 5-core GPU, which offers incredible performance and efficiency for demanding workloads, and is designed with privacy and security built in. iPhone 14 and iPhone 14 Plus introduce critical safety capabilities such as Crash... More

Apple (AAPL) Fitness+ available to all iPhone users in 21 countries later this fall

Apple® today announced that Apple Fitness+, the award-winning fitness and wellness service designed to be welcoming to all, will be available for all iPhone® users to subscribe to and enjoy, even if they dont have an Apple Watch®. The update will be available later this fall in all 21 countries where the service is offered. On Monday, September 12, Fitness+ will introduce the fourth season of Time to Walk® featuring new guests, including award-winning actor Regina Hall, Latin Grammy winner Nicky Jam, and Emmy Award-winning performer Leslie Jordan. Time to Run will kick off its second season exploring new locations such as... More

Apple (AAPL) Reveals Apple Watch Series 8 and the New Apple Watch SE

Apple® today introduced Apple Watch® Series 8 and the new Apple Watch SE®, which bring groundbreaking technology and performance, and important safety innovations to the two best-selling smartwatches. Apple Watch Series 8 features the beloved design of Apple Watch, including a large, Always-On Retina® display and a strong crack-resistant front crystal. With all-day 18-hour battery life, Apple Watch Series 8 builds on best-in-class health and safety features like the ECG app and fall detection by introducing temperature-sensing capabilities, retrospective ovulation estimates, Crash Detection, and international roaming. The new Apple Watch SE delivers the core Apple Watch experience, including Activity tracking, high and low... More

Apple (AAPL) Debuts iPhone 14 Pro and iPhone 14 Pro Max

Apple® today announced iPhone® 14 Pro and iPhone 14 Pro Max, the most advanced Pro lineup ever, featuring the Dynamic Island a new design that introduces an intuitive way to experience iPhone and the Always-On display. Powered by A16 Bionic, the fastest chip ever in a smartphone, iPhone 14 Pro introduces a new class of pro camera system, with the first-ever 48MP Main camera on iPhone featuring a quad-pixel sensor, and Photonic Engine, an enhanced image pipeline that dramatically improves low-light photos. These groundbreaking advancements make iPhone even more indispensable for everyday tasks, creative projects, and now even emergency situations with features such as... More

Apple (AAPL) announces the next generation of AirPods Pro

Apple today announced the second generation of AirPods Pro®, the most advanced AirPods® ever. With the power of the new H2 chip, AirPods Pro unlock breakthrough audio performance including major upgrades to Active Noise Cancellation and Transparency mode while also offering a unique way to experience Spatial Audio thats even more immersive. Now, customers can enjoy Touch control for media playback and volume adjustments directly from the stem, along with longer battery life, a brand-new charging case, and an additional ear tip size for a better fit.

This press release features multimedia. View the full... More

Apple (AAPL) Launches iPhone 14 Pro

Apple (NASDAQ: AAPL) Launches iPhone 14 Pro

GlobalStar (GSAT) announces agreement to be Apple's (AAPL) satellite operator

GlobalStar (NYSE: GSAT) disclosed:

On September 7, 2022, Apple Inc. (Partner) announced new satellite-enabled services for certain of its products (the Services). Globalstar, Inc. (Globalstar or the Company) will be the satellite operator for the Services pursuant to the terms agreement (the Terms Agreement) first disclosed in the Companys Form 10-K for the year ended December 31, 2019, and certain related ancillary agreements (such agreements, together with the Terms Agreement, the Partnership Agreements). The Services constitute the potential service described in the Companys previous disclosure about the Terms Agreement.
Since execution of the Terms Agreement, the parties have completed several... More

Apple (AAPL) Announces iPhone 14

Apple (NASDAQ: AAPL) Announces iPhone 14

Apple (AAPL) Announces New Airpod Pro Model

Apple (NASDAQ: AAPL) Announces New Airpod Pro Model

Apple (AAPL) Introduces Apple Watch Ultra

Apple® today announced Apple Watch Ultra, which brings a new bold design and a wide range of features built for endurance, exploration, and adventure. Apple Watch Ultra introduces a 49mm titanium case and flat sapphire front crystal that reveals the biggest and brightest Apple Watch® display yet. A customizable Action button offers instant access to a wide range of useful features. Apple Watch Ultra has the best battery life of any Apple Watch, reaching up to 36 hours during normal use.1 Additionally, a new low-power setting, ideal for multi-day experiences, can extend battery life to reach up to 60 hours.2 The Wayfinder... More

Apple (AAPL) introduces Apple Watch Ultra for extreme activities

Apple (NASDAQ: AAPL) introduces Apple Watch Ultra for extreme activities

Apple (AAPL) new watch will have Crash Detection

Apple (NASDAQ: AAPL) new watch will have Crash Detection

Apple (AAPL) introduces a new Apple Watch line-up, including Apple Watch Series 8

Apple (NASDAQ: AAPL) introduces a new Apple Watch line-up, including Apple Watch Series 8

Apple (AAPL) to talk about iPhones, Watch, and Airpods

Apple (NASDAQ: AAPL) to talk about iPhones, Watch, and Airpods

Apple (AAPL) weekly option IV bid into fall product event starting at 1 p.m. ET.

Apple (NASDAQ: AAPL) September weekly call option implied volatility is at 41, September is at 34; compared to its 52-week range of 20 to 44 into fall product event starting at 1 p.m. ET.

Apple (AAPL) event starts

Apple (NASDAQ: AAPL) event starts

Apple (AAPL) shares up 0.3% into iPhone event

Apple (NASDAQ: AAPL) shares up 0.3% into iPhone event

Apple (AAPL) Suppliers Caught Up In Chengdu Covid Lockdown Extension - Nikkei

Apple (NASDAQ: AAPL) Suppliers Caught Up In Chengdu Covid Lockdown Extension - Nikkei

Tesla (TSLA) Model Y Earns 5-Star safety Rating from Euro NCAP

Tesla (NASDAQ: TSLA) announced on their blog Wednesday that the companys Model Y is their latest vehicle to earn a 5-star safety rating from the European New Car Assessment Program (Euro NCAP).

As part of this assessment, Model Y received the highest... More

Apple (AAPL) weekly IV increases into fall product event at 1 p.m. ET

Apple (NASDAQ: AAPL) September weekly call option implied volatility is at 44, September is at 36; compared to its 52-week range of 20 to 44 into fall product event starting at 1 p.m. ET.

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Here's Why This Analyst Expects Apple Stock Selloff to Resume This Week

Apple (NASDAQ: AAPL) shares are again in the focus of investors as the tech giant prepares to unveil a new iPhone 14 lineup.

The Far Out event, which is due to start today, comes after Apple stock price lost over 11% in the last few weeks. A strong rebound from YTD lows pushed Apple shares to trade near record highs, however, the stock is... More

Tesla (TSLA) Cuts Delivery Time by 6 Weeks in China

Reuters reported late Tuesday that electric vehicle maker, Tesla (NASDAQ: TSLA) has shortened delivery waiting times for their Model 3 and Model Y cars in China. According to the companys Chinese website, the delivery period has been shortened to a maximum of 14 weeks.

The... More

Apple offers adventure watch, satellite SOS iPhone — and steady prices

By Stephen Nellis

(Reuters) -Apple Inc on Wednesday avoided price hikes of its best-selling iPhones during its biggest product launch of the year, focusing on safety upgrades rather than flashy new technical specs with the exception of a new adventure-focused watch.

The iPhone maker leaned into safety technologies like the ability to detect a car accident and summon a rescue from a remote mountaintop to add allure to its devices. Apple positioned itself as the brand to allow users to pursue excitement and adventure - with a safety net.

Such intangible features "are the... More

Apple's 'Far Out' Event: Goldman Sachs Says Unlikely iPhone Pro Model Prices Will Be Raised

Goldman Sachs analyst Rod Hall has previewed Apples much-anticipated Far Out event that is due to start today.

Apple will launch the iPhone 14 today with analysts mostly focused on the prices given that the Cupertino-based tech giant is experiencing higher input costs.

We do not believe it is likely... More

Apple (AAPL) option IV ticks higher into iPhone product event

Apple (NASDAQ: AAPL) September weekly call option implied volatility is at 40, September is at 36; compared to its 52-week range of 20 to 44 into product event today.

Active options: TSLA AAPL AMZN NVDA BBBY AMD GOOGL META CHPT MSFT ISEE INTC

Active options: TSLA AAPL AMZN NVDA BBBY AMD GOOGL META CHPT MSFT ISEE INTC

Active options: TSLA AAPL AMZN NVDA BBBY AMD GOOGL META CHPT

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What is expected at Apple's 'Far Out' fall event?

(Reuters) -Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.

The event, "Far Out", will begin at 1700 GMT at the Steve Jobs Theater in Apple's headquarters in Cupertino, California. It is the company's first indoor event since the pandemic.

Based on reports, here are some of the expected announcements:

IPHONE 14

Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network... More

Tesla (TSLA) Removes Type 2 Charging Cables in Hong Kong

A recent report from insideevs.com claims a number of Tesla Model S and Model X owners have noticed some V2 Supercharging locations are missing the Type 2 cables, leaving only... More

Waiting for EV Seasonal Demand; Morgan Stanley Says September is Crunch Time

China's EV market registered steady sales despite power rationing and a fresh round of Covid lockdowns. Entering September, China's weekly EV run rate is hovering at around 120k units. That's up 24% MoM but largely flat WoW after the month-end sales push in August.

Even as Chinas EV numbers track slightly behind the seasonal norm into early September, Morgan Stanley analyst, Tim Hsiao believes that it is still too early to say there's no meaningful seasonality this year.

Both NIO... More

Tesla (TSLA) Poised for 'Super Record Quarter' with Deliveries That Could Exceed 500K - Chowdhry

Global Equities Research analyst Trip Chowdhry offered some positive takeaways on Tesla (NASDAQ: TSLA) following his latest factory checks. Chowdhry said the EV maker is "poised for a super record quarter."

Chowdhry highlighted the following after his Fremont factory checks:

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Pre-Open Movers: ADT Jumps on State Farm Deal, Bed Bath Falls on CFO's Death

Pre-Open Stock Movers:

Digital World Acquisition Corp (NASDAQ: DWAC) 21% LOWER; Report Company Failed to Secure Shareholder Support for One-year Extension to Complete Deal

Bed Bath & Beyond (NASDAQ: BBBY) 15% LOWER; CFO, Gustavo Arnal, was found dead on Friday in an apparent suicide.

ADT Inc. (NYSE: ADT) 15% HIGHER; ADT and State Farm, the 100-year good neighbor and largest insurer of homes in the... More

Apple to appeal Brazil sales ban of iPhone without charger

SAO PAULO (Reuters) -Apple Inc said on Tuesday it will appeal a Brazilian order banning it from selling iPhones without a battery charger, pushing back on claims that the company provides an incomplete product to consumers.

The Justice Ministry fined Apple 12.275 million reais ($2.38 million) and ordered the company to cancel sales of the... More

Goldman Sachs Remains Bullish on Tesla (TSLA) After Meeting

Electric vehicle maker, Tesla (NASDAQ: TSLA) is trading up in pre-market on Tuesday following a note by Goldman Sachs analyst, Mark Delaney. Delaney reiterated a Buy rating and $333.33 price target on TSLA after meeting with the companys VP of Investor Relations, Martin Viecha.

Tesla believes that consumers will increasingly move toward EVs, even as it is too soon to quantify the effects of the newly signed Inflation Reduction... More

Tesla (TSLA) Stock Pops as IRA Prompts Analyst to Upgrade to Outperform

Shares of Tesla (NASDAQ: TSLA) are up over 1% in premarket Tuesday after Wolfe Research analyst Rod Lache upgraded shares to Outperform from Market Perform with a $360 per share price target.

The upgrade move, as well as reiterated Outperform rating on General Motors (NYSE: GM), reflects raised... More

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Apple (AAPL) September weekly option implied volatility into September 7 event

Apple (NASDAQ: AAPL) September weekly call option implied volatility is at 30, September is at 31; compared to its 52-week range of 20 to 44 into September 7 event.

General Motors (GM) PT Raised to $50 at Wolfe Research

Wolfe Research analyst Rod Lache raised the price target on General Motors (NYSE: GM) to $50.00 (from $42.00) while maintaining a Outperform rating.... More

UPDATE: Wolfe Research Upgrades Tesla (TSLA) to Outperform

(Updated - September 6, 2022 5:17 AM EDT)

Wolfe Research analyst Rod Lache upgraded Tesla (NASDAQ: TSLA) from Peerperform to Outperform with a price target of $360.00.

The analyst comments "More importantly, we now see $16 EPS by 2025. Exhibits 12-16 provide details behind our mid-decade forecasts. We've taken a closer look at the Automotive business, breaking down profitability by region. Currently, we believe China-produced vehicles are Tesla's most profitable... More