|Bid||350.24 x 2200|
|Ask||350.42 x 900|
|Day's range||348.80 - 365.66|
|52-week range||244.59 - 387.46|
|Beta (3Y monthly)||0.55|
|PE ratio (TTM)||N/A|
|Earnings date||5 Feb. 2019 - 11 Feb. 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||338.46|
Apple has hired Andrew Kim, formerly of Tesla and Microsoft, to bolster its design team. Kim captured the attention of many in 2011 with a custom iOS device stand and again in 2012 when, as a fan, he shared his vision for an overhaul of Microsoft's branding and design language.
The hiring of a former Tesla designer has reignited speculation over Apple's self-driving car ambitions. Andrew Kim was hired by Microsoft after his minimalist redesign for the company went viral in 2013. He then spent two years as a senior design manager at Tesla. Now it looks like he's at Apple. SEE ALSO: Highway patrol struggles to pull over allegedly drunk, sleeping Tesla driver Apple doesn't share much about its car program. But a patent filing from August shows an augmented reality windshield concept. And the California Department of Motor Vehicles lists Apple as an autonomous car permit holder. As the Verge spotted, Kim now has the Apple icon on his LinkedIn page, with a start date of December. His Instagram also slyly included a gray Apple icon with the caption "Day 1" last week. His personal website still lists his visual and product designer job at Tesla, but his barely active Twitter is up to date. View this post on Instagram Day 1 A post shared by Andrew Kim (@mnmllymnml) on Dec 10, 2018 at 5:27pm PST Kim's Tesla background could mean a number of things for Apple, not just car stuff. Its self-driving car ambitions have reportedly stalled out into a more self-contained on-campus shuttle. Earlier this year, The New York Times reported a partnership with Volkswagen for self-driving campus shuttles at its headquarters in Cupertino, California. Apple appears to have shifted from building its own self-driving fleet to the software side of things — for now. SEE ALSO: Apple self-driving cars could have AR windshields perfect for FaceTime As the NYT noted, "Apple has a history of tinkering with a technology until its engineers figure out what to do with it." Kim could simply be working on Apple's shuttle project and other more established products. Or maybe Apple is finally going all in on self-driving cars. WATCH: Apple is going big in Austin with a new $1B campus
On December 15, NIO (NIO) launched its second mass-market electric car—ES6. The company launched the ES6 during its NIO Day 2018 event in Shanghai. NIO is also often referred to as the “Chinese Tesla.” Let’s discuss the ES6’s key specifications.
Reduced tariff rates in China aid Tesla (TSLA) to reduce its Model S and X car prices. This is likely to increase the affordability of these vehicles in the country.
A video uploaded to YouTube on Sunday claims to show the first stages of construction on Tesla's new factory in Shanghai, China. The video, which appears to be shot from a drone, shows what the description says is the lot Tesla will use for the factory, which is surrounded by a fence. The video also shows construction workers and equipment, as well as a small structure that is visible near the center of the frame from 1:41 to 1:45.
Dow Jones futures: The stock market rally is nearly dead. Apple still falls. Even worse? The few stocks breaking out, like Tesla, Johnson & Johnson and Workday, falter or don't advance.
Tesla and Elon Musk took us on a wild ride in 2018 - but the stock is still the best performer in the US auto sector. Tesla has surged at the end of 2018, becoming the only auto stock I cover that's in positive territory, beating out the S&P 500 index and GM, Ford, FCA, and Ferrari. If you could handle the heat, Tesla was a good investment in 2018.
In this series so far, we have looked at Tesla’s (TSLA) Chinese peer NIO’s (NIO) recent stock price action before its ES6 car launch event scheduled for December 15. ES6 is important for NIO’s future success, and the company is hoping to rapidly expand its consumer base by getting a large number of orders for the ES6 car model after its launch. Reuters’ recent data suggests that about 36% of analysts covering NIO stock were recommending a “buy” as of December 13.
In the previous part of this series, we looked at Chinese electric car company NIO’s (NIO) recent stock price movement. Investors’ high expectation from its upcoming vehicle (XLY) launch event on December 15 might be driving its stock up this week after it witnessed a 9.3% drop in the previous week. In this article, we’ll discuss why ES6 is so important for the company.