Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money

66% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

  • Updates
  • disruptive innovation
  • electric vehicles

Can Apple beat Tesla at its own game?

After a brief hiatus from the top spot, Apple (NASDAQ: AAPL) has returned to its role as the world’s most valuable company after a late-week close in the green. 

But what’s causing all the fuss around Apple? 

This article was originally written by MyWallSt. Read more market-beating insights from the MyWallSt team here.

 

The Apple Car rumors just aren’t going away…

I wish I could say that the accompanying image above is an official, Apple-approved model rendering of the Apple Car, but alas, ‘tis naught but fan art — I mean, just look at that thing? I’m drooling!

However, salivations aside, a Bloomberg report late last week seemed pretty confident that the Apple Car is in the works. Now, I know that we’ve heard all of this before, but where there’s smoke there’s usually fire, and Apple Car rumors have been setting off investors’ smoke alarms for some time now. 

But would an Apple Car work?

No company is invincible to failure, but Apple’s recent track record with product launches is pretty phenomenal. Just think of the success of the iPhone, iPad, Apple Watch, AirPods, and App Store — all released within the last 13 years. That’s mind-blowing.

There’s every chance Apple could enjoy that success in the electric automotive industry. And Tesla bulls, fear not, there’s market share to spare. The industry is on the up and up as numerous world governments setting out plans to lower carbon emissions — and some outright setting dates for the abolition of carbon-fueled car sales. Many analysts predict that the global EV market could be worth as much as $2.5 trillion by 2027 — two years after Apple is rumored to have its car on the road. 

Of course, there is a lot of speculation here, but if any company could disrupt the EV space, it’s probably Apple, so watch out for more on this.

 

MyWallSt gives you access to over 100 market-beating stock picks and the research to back them up. Our analyst team posts daily insights, subscriber-only podcasts, and the headlines that move the market. Start your free trial now!

Disclaimer Past performance is not a reliable indicator of future results.

CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person.

The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.

CMC Markets does not endorse or offer opinion on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.

*Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK.

Continue reading for FREE

  • Includes free newsletter updates, unsubscribe anytime. Privacy policy

Free ebook

Tricks of the trade: 7 interviews with the world’s top traders

Get it now

Related articles