Part 4, T+57 -- January 2, 2018

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Title : Part 4, T+57 -- January 2, 2018
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Part 4, T+57 -- January 2, 2018

Some of this is from Chesto over at The Boston Globe:

EVs
  • General Motors hits 200,000 benchmark for electric cars sold: This means that a trigger has been hit that will start a phase-out of the $7,500 federal tax credit for GM's electric-car buyers.
    • It will be interesting to see how the phaseout affects GM.
  • Tesla shares take a dive: The electric-car maker fell just shy of forecasts for how many vehicles it would deliver in the fourth quarter of 2018.
    • The phaseout for federal tax credits for Tesla has already begun.
Apple issues rare earnings warning: The iPhone maker says revenue will fall short of expectations, in part because of an economic slowdown in China.


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