Apple’s Services business is worth $1.5 trillion or some $319 billion more than the current market value $1.181 trillion value of Tesla …
Tag: Tesla
Elon Musk mocks ‘silly Apple Cloth’ with Tesla’s new $50 Cyberwhistle
Tesla CEO Elon Musk tweeted a promo for the new “Cyberwhistle” on Tuesday, inviting his Twitter followers to “blow the whistle on Tesla.”
Cathie Wood says Apple should’ve bought Tesla, but ‘we’re happy they didn’t’
Ark Invest’s Cathie Wood told CNBC on Wednesday that Apple should’ve bought Tesla and would’ve owned the electric vehicle market…
Apple hires Tesla’s chief of autonomous vehicle software for ‘Project Titan’
Apple has hired a former engineer from Tesla, Christopher “CJ” Moore, for its “Project Titan” team working on autonomous vehicles …
Tesla stock could be walloped by the Apple car – analyst
Roth Capital Partners analyst Craig Irwin warns that Tesla bulls should fear the arrival of the Apple’s electric vehicle, among other things…
Elon Musk denies demanding to become Apple CEO; says Apple’s App Store fees are a ‘de facto global tax on the internet’
Tesla founder Elon Musk took to Twitter today to deny claims that he’d once asked to be the CEO of Apple. A new book claims that Apple CEO…
Want a fully autonomous vehicle? Don’t hold your breath
Loup Ventures recently gathered data from the nine companies leading the race to build fully autonomous systems for passenger cars…
Apple’s massive California solar farm will store power in Tesla’s ‘megapack’ batteries
Apple announced Wednesday that it’s building a massive battery storage project at a Northern California solar farm. The battery packs will come from Tesla…
Will Apple or Tesla be first to hit a $3 trillion market cap?
A growing group of Wall Street analysts is predicting that electric autonomous vehicles sales will propel Apple and Tesla to $3 trillion…
Wall Street slips as tech slide resumes, U.S. jobless claims rise
Wall Street’s main indexes fell on Thursday as investors continued to shift out of tech shares, while a rise in U.S. weekly jobless claims…
Who will build the Apple Car? Several candidates are in the running
Apple’s quest to build an electric vehicle has shined the spotlight on several potential partners capable of building the Apple Car …
Analyst: BMW, Stellantis, Magna among candidates to assemble ‘Apple Car’
Hyundai killed off talk of a potential “Apple Car” deal on Monday. Now, analyst thinks BMW, Stellantis, Magna, and others remain among…
Why Tesla should be very, very afraid of Apple
Following tweets from Tesla founder Elon Musk on Tuesday saying that he’d reached out to Apple CEO Tim Cook in 2018, “during the darkest…
Elon Musk says had once reached out to Apple for acquiring Tesla
Elon Musk sreached out to Apple CEO Tim Cook to discuss the possibility of Apple acquiring Tesla for a tenth of its current value…
Morgan Stanley: Apple could give ‘far more formidable’ competition to Tesla
Morgan Stanley analyst Adam Jonas noted that Apple will one day design and build vehicles, competing with Tesla …
Top global fund manager continues to see value in high-flying Apple
Sydney-based Loftus Peak Ltd, home of the Loftus Peak Global Disruption Fund that’s outperformed most peers, is sticking with bets…
Nasdaq slides as tech rout deepens; Apple down, Tesla hits three-week low
The Nasdaq tumbled on Tuesday as investors dumped high-flying technology stocks, while Tesla tracked its worst day in nearly six months…
Apple, Tesla splits trigger Robinhood, Schwab outages and delays
An alarming series of breakdowns baffled traders this week. As two of the most popular stocks, Apple and Tesla, split at the start…
Expect some wild swings in Apple as Nasdaq’s volatility index spikes
Tesla and Apple have both led the Nasdaq 100 to touch all-time highs, but a volatility indicator is suggesting that investors could face…
Dow falls 400 points as Apple, Microsoft drop
In volatile trading on Thursday, share prices fell as Apple and Microsoft led the broader market lower. The Dow Jones Industrial Average dropped 410 points…
Apple CEO Tim Cook No.2 on 2019 highest paid list at $133.7 million
Elon Musk was the highest-paid executive in the U.S. for 2019 with $595.3 million, singnifcantly more than No.2 Apple CEO Tim Cook …
Apple set to break out in coronavirus market rally as Dow futures jump on vaccine hopes
Dow futures jumped Tuesday morning, along with S&P 500 and Nasdaq futures, amid continued coronavirus vaccine hopes. The coronavirus stock market rally …
Stock futures jump on Memorial Day as coronavirus stock market rally rolls on
On Monday morning, Dow Jones stock futures rose solidly, along with S&P 500 futures and Nasdaq futures, with U.S. markets closed for Memorial Day…
Elon Musk teases significant advances in battery technology
Tesla CEO Elon Musk plans to introduce a new low-cost, long-life battery in its Model 3 sedan in China later this year or early next that it expects…
Elon Musk wins as Alameda County capitulates over Tesla factory reopening
After Tesla’s factory reopened Monday with CEO Elon Musk practically daring local authorities to arrest him and after the factory’s operations continued…
Backed by President Trump, Elon Musk restarts Tesla factory in defiance of Alameda county orders
Backed by President Trump, Tesla CEO Elon Musk said Monday that the company’s factory in Fremont, California is open and has restarted production…
Elon Musk: Tesla prepared to leave California amid fight over shutdown
On Saturday, Tesla CEO Elon Musk tweeted that he is going to sue Alameda County and move future operations out of California after a dispute…
Apple donates 10M face masks in U.S. and millions more in Europe
Apple CEO Tim Cook announced via Twitter today that the company has sourced and will be donating 10 million face masks for the U.S. and millions more…
Vice President Pence: Apple donates 9 million N95 protective masks
Vice President Mike Pence said that Apple has pledged to donate 9 million N95 respirator masks to healthcare facilities across the U.S.…
General Electric to produce ventilators round-the-clock; Apple supplier Foxconn to make masks
General Electric’s healthcare unit said on Thursday it will hire more people and increase the number of shifts as it races to produce ventilators …
Apple and Google named in US lawsuit over child cobalt mining deaths in Congo
A landmark legal case has been launched against the world’s largest tech companies by Congolese families who say their children were killed or maimed…
California highway barrier not repaired before Apple engineer’s fatal Tesla ‘autopilot’ crash
California state transportation officials failed to repair a highway safety device seriously damaged in a high-speed crash 11 days before a fatal collision…
Apple now has $210 billion in cash on hand, enough to buy Netflix and Tesla with cash to spare
Cupertino-based Apple Inc. ended its most recent quarter with $210.6 billion in cash and marketable securities on hand…
Apple poaches Tesla engineer with vehicle interior design experience
Apple Inc. has hired Steve MacManus, at least the third Tesla Inc. engineering executive to join the Cupertino Colossus…
Gene Munster: Apple would have the inside track on buying Tesla
Apple reportedly bid $240 a share for Tesla back in 2013…
Apple to buy Tesla?
Apple reportedly offered to buy Tesla at a price around $240 per share in 2013…
Project Titan: Apple building large car drive rooms in California; made informal bid to buy Tesla at $240 per share in 2013
Financial analyst Craig Irwin of Roth Capital Partners claims that as well as previously trying to buy Tesla…
Apple will buy Tesla – and other outrageous predictions for 2019
What price Apple to buy Tesla in 2019?
Apple co-founder Woz: ‘I do not believe in auto driving cars’ – Tesla experience proves it’s not possible yet
Woz told CNBC on Tuesday he had once hoped that Apple would build the first self-driving car…
Elon Musk’s threats to quit as Tesla CEO are a red flag
As most people know, the board of directors is supposed to be protecting the interests of shareholders and governing the company and its officers…
Elon Musk’s ultimatum to Tesla board: Fight the S.E.C. or I quit
Securities and Exchange Commission officials were understandably taken aback on Thursday morning…
Musk ousted as Tesla chairman, fined $40 million in SEC settlement over fraud charges; will remain CEO
Elon Musk will relinquish the role of Tesla Inc. chairman and split a $40 million…
