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General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under three segments: GM North America, GM International, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its US market share leadership in 2022, after losing it to Toyota due to the chip shortage in 2021. 2024's share was 17.0%. The Cruise autonomous vehicle arm, which GM now owns outright, previously operated driverless geofenced AV robotaxi services in San Francisco and other cities, but after a 2023 accident, GM decided that it will focus on personal AVs. GM Financial became the company's captive finance arm in 2010 via the purchase of AmeriCredit.

Tech

TSLA

General Motors y Toyota critican a la NHTSA por frenar la innovación y piden regulación federal para vehículos autónomos en EE.UU.

GM, Toyota y otros critican a la NHTSA por frenar la innovación

Bad,Homburg,,Germany,,03-2024:,Ford,Store,In,Bad,Homburg.,Ford

News

Ford mantiene su inversión de 3000 millones en Míchigan pese a riesgos por pérdida de incentivos fiscales en EE.UU.

Ford sigue adelante con su planta de baterías en Míchigan pese a posibles recortes fiscales

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BYDDY

Gary Black, de Future Fund, vuelve a acertar al vender acciones de Tesla antes de su sobrevaloración por el hype de Robotaxi.

Gary Black evita otra caída de Tesla al vender antes del rally por Robotaxi

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The landmark trade agreement between President Donald Trump and British Prime Minister Keir Starmer officially took effect Monday, delivering immediate tariff relief for the United Kingdom&#8217;s automotive and aerospace exports to the United States.
What Happened: The deal reduces U.S. tariffs on UK cars from 27.5% to 10%, creating a quota system allowing up to 100,000 British vehicles annually at the reduced rate. 
This represents significant savings for manufacturers, with the British government estimating hundreds of millions in annual cost reductions that could protect hundreds of thousands of jobs.
The aerospace sector secured even greater benefits. U.S. tariffs on UK aircraft parts and engines, previously at 10%, were eliminated. This directly benefits companies like Rolls-Royce Holdings Plc, <a href="https://www.benzinga.com/politics/25/05/45293839/trump-starmer-strike-us-uk-trade-deal-steel-cars-beef">which supplies engines</a> to Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>).
&#8220;British car manufacturers can now export to the U.S. at a significantly reduced 10% tariff rate &#8211; down from 27.5% &#8211; and aerospace goods will see 10% tariffs removed, saving sectors hundreds of millions each year,&#8221; said Business and Trade Secretary Jonathan Reynolds.
See Also: <a href="https://www.benzinga.com/news/politics/25/06/46162859/trump-threatens-to-cut-federal-funding-for-nyc-if-zohran-mamdani-doesnt-do-the-right-thing-as-future-mayor-if-he-does-get-in-im-going-to-be-president">Trump Threatens To Cut Federal Funding For NYC If Zohran Mamdani Doesn&#8217;t Do The &#8216;Right Thing&#8217; As Future Mayor: &#8216;If He Does Get In, I&#8217;m Going To Be President&#8230;&#8217;</a>
Why It Matters: The agreement has drawn <a href="https://www.benzinga.com/25/05/45314561/trumps-uk-trade-deal-draws-criticism-from-ford-gm-stellantis-this-hurts-american-automakers-suppliers-and-auto-workers">criticism from major U.S. automakers</a> in May. The American Automotive Policy Council, representing General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), and Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), argued the deal creates unfair competition. &#8220;It will now be cheaper to import a UK vehicle with very little U.S. content than a USMCA-compliant vehicle from Mexico or Canada that is half American parts,&#8221; the group stated.
University of Michigan economist Justin Wolfers called the luxury car exemptions &#8220;politically insane,&#8221; noting that high-end brands like Bentley and Aston Martin effectively <a href="https://www.benzinga.com/25/05/45342313/trumps-uk-trade-carveouts-baffles-economist-justin-wolfers-bentley-rolls-royce-exemption-is-politically-insane">dodge tariffs while basic commodities face duties</a>.
The UK becomes the only country to secure such preferential treatment under Trump&#8217;s tariff regime. The deal also eliminates the 50% global tariff on UK steel and aluminum, with commitments to work toward zero tariffs on core steel products.
This marks the first major trade breakthrough since Trump paused global tariffs for 90-day negotiations in April. 
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/46162550/as-sp-500-charges-off-april-lows-dan-niles-says-investors-will-forget-about-valuations-holds-microsoft-nvidia-cisco-but-sees-holiday-demand-crash-risk">As S&amp;P 500 Charges Off April Lows, Dan Niles Says Investors Will &#8216;Forget About Valuations&#8217;—Holds Microsoft, Nvidia, Cisco But Sees Holiday Demand Crash Risk</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Joshua Sukoff / Shutterstock.com

Politics

STLA

Trump–Starmer Trade Deal Kicks In: UK Luxury Cars Get 10% Tariff, Rolls-Royce Engines Fly Duty-Free Into US

Tesla researcher Troy Teslike has highlighted Tesla Inc.&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) struggle to adapt to lower sales in Canada, predicting GAAP losses for the company starting in Q1 2026.
What Happened: In a post on X on Sunday, Teslike pointed out that Tesla is grappling with a significant drop in sales in Canada, largely due to political controversy.
He cited that sales have nearly hit rock bottom, while the company continues to operate 35 stores across the country, thereby keeping SG&amp;A (Selling, General, and Administrative) costs high.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Tesla is struggling to adapt to the new reality of lower sales. For example, sales in Canada have dropped to nearly zero, largely due to political controversy (source: <a href="https://t.co/AxsXyLJrFI">https://t.co/AxsXyLJrFI</a>), but Tesla continues to operate 35 stores across the country (source:…
&mdash; Troy Teslike (@TroyTeslike) <a href="https://twitter.com/TroyTeslike/status/1939392513460097102?ref_src=twsrc%5Etfw">June 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/markets/large-cap/25/06/46161226/gary-black-warns-tesla-q2-deliveries-will-disappoint-says-cheaper-models-could-cannibalize-sales-and-see-ideal-re-entry-22-below-current-levels"> Gary Black Warns Tesla Q2 Deliveries Will &#8216;Disappoint&#8217; — Says Cheaper Models Could Cannibalize Sales</a>
Tesla&#8217;s sales had<a href="https://www.benzinga.com/news/topics/25/05/45692018/general-motors-tops-canadian-ev-market-in-q1-as-tesla-sales-tank-87-in-quebec-report"> plummeted by 87% in Quebec</a>, Canada, in Q1 2025. This was a two-year low for the company, amid incentive cuts and criticism around Elon Musk's political ties with the Donald Trump administration.
Why It Matters: Tesla&#8217;s sales decline in Canada comes at a time when its competitor, General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), is<a href="https://www.benzinga.com/news/topics/25/05/45692018/general-motors-tops-canadian-ev-market-in-q1-as-tesla-sales-tank-87-in-quebec-report"> experiencing a 252% surge in sales</a> in the country. Tesla&#8217;s sales woes have been attributed to an 87% decline in deliveries in Quebec, as per data obtained by Le Devoir.
Furthermore, Tesla has been<a href="https://www.benzinga.com/25/03/44213295/tesla-suspected-of-ev-rebate-manipulation-in-canada-amid-sudden-sales-surge-tesla-gamed-the-system-says-industry-body"> suspected of exploiting Canada&#8217;s EV rebate</a> program, with four of its stores allegedly selling an average of 30 cars per hour over three days, thereby claiming over 50% of the rebate funds.
Investor Gary Black, founder of The Future Fund, has also issued a<a href="https://www.benzinga.com/markets/large-cap/25/06/46161226/gary-black-warns-tesla-q2-deliveries-will-disappoint-says-cheaper-models-could-cannibalize-sales-and-see-ideal-re-entry-22-below-current-levels"> cautious outlook on Tesla&#8217;s upcoming second-quarter deliveries</a>, predicting that the company is likely to miss estimates.
Check out more of Benzinga's Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">&nbsp;following this link.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46087914/teslas-europe-sales-slide-for-5th-straight-month-elon-musk-led-ev-giants-market-share-shrinks-to-1-3">Tesla&#8217;s Europe Sales Slide For 5th Straight Month: Elon Musk-led EV Giant&#8217;s Market Share Shrinks To 1.3%</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Ken Wolter / Shutterstock.com

Tesla Sales In Canada Have Dropped To 'Nearly Zero,' Says Researcher, Expects Elon Musk-Led EV Giant May Report Losses Starting 2026

This week told a familiar story with fresh twists—inflation isn't backing down, and global tensions are once <a target="_blank" href="https://www.benzinga.com/topic/macro-economic-events#more-news" rel="noreferrer noopener">again steering the market mood</a>.
The latest data showed that the Personal Consumption Expenditures, or PCE price index, rose 2.3% in May from a year earlier, slightly up from April&#8217;s 2.2%, snapping <a target="_blank" href="https://www.benzinga.com/markets/economic-data/25/06/46137796/inflation-is-heating-up-again-are-tariffs-to-blame" rel="noreferrer noopener">a two-month cooling trend</a>.
While the monthly increase stayed steady at 0.1%, concerns grew that rising tariffs on foreign goods could soon hit U.S. consumers harder.
The economic unease was only amplified on Friday, when President Donald Trump abruptly <a target="_blank" href="https://www.benzinga.com/news/politics/25/06/46150909/trump-canada-tariffs-dollar-deal" rel="noreferrer noopener">called off all trade talks with Canada</a>.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/commodities/25/06/45930878/canada-risks-losing-billions-annually-without-critical-minerals-action" rel="noreferrer noopener">Canada Risks Losing $8.7B Annually Without Critical Minerals Action</a>
His move came in response to Canada&#8217;s newly introduced Digital Services Tax, which he slammed as a direct attack on American tech companies. Declaring retaliation was imminent, Trump promised to announce new tariffs on Canadian goods within a week—sending markets tumbling and investors rushing for cover.
Amid the macroeconomic jitters and geopolitical headlines, several companies delivered key corporate updates and earnings results that <a target="_blank" href="https://www.benzinga.com/markets" rel="noreferrer noopener">kept investors tuned in</a>.
Earnings Results
FactSet Research Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FDS#NYSE">FDS</a>) reported quarterly sales of $585.52 million, surpassing&nbsp;analyst expectations&nbsp;of $580.50 million and representing a <a target="_blank" href="https://www.benzinga.com/markets/earnings/25/06/46053063/factset-reports-q3-revenue-beat-client-growth-leadership-shift-with-jpmorgan-hire" rel="noreferrer noopener">5.9% year-over-year gain.</a>
FactSet announced that&nbsp;Phil Snow will retire as CEO and a member of the Board, effective early September 2025.&nbsp;
Technology
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) &nbsp;leaped over Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) to become the most valuable company in the world on Thursday, with a <a target="_blank" href="https://www.benzinga.com/etfs/sector-etfs/25/06/46151686/nvidia-just-became-the-worlds-most-valuable-stock-is-it-time-for-a-semiconductor-etf-rethink" rel="noreferrer noopener">market capitalization crossing $3.7 trillion. </a>But as the chipmaker solidifies its position as the foundation of the AI era, one segment of Wall Street is somewhat lagging behind —&nbsp;<a target="_blank" href="https://www.benzinga.com/etfs" rel="noreferrer noopener">semiconductor ETFs</a>.
Microsoft postponed the commercialization of its in-house next-gen&nbsp;artificial intelligence chip, Maia (code-named Braga), by at least six months from 2025 to 2026 due to unexpected changes to its <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46149318/microsofts-next-gen-ai-chip-still-lags-nvidias-blackwell-postpones-launch" rel="noreferrer noopener">design and staffing constraints.</a>
Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) has been dealt a legal blow in Japan as a court has ruled that the company infringed on patents held by&nbsp;Pantech, resulting in a ban on the sale of its&nbsp;Pixel 7&nbsp;series smartphones.
Alphabet Inc.&nbsp;has appointed&nbsp;Kobi Bar-Nathan&nbsp;as the new finance chief for its rapidly expanding&nbsp;Google Cloud division. He commenced his role in June 2025, bringing&nbsp;extensive experience&nbsp;from key finance leadership positions at <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134725/google-cloud-hires-former-oracle-cfo-as-ai-race-heats-up" rel="noreferrer noopener">Oracle Cloud and Microsoft Cloud.</a>
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>)&nbsp;is making a return to high-budget theatrical releases with the opening of its racing drama &#8220;F1&#8221;&nbsp;on Friday. The film&#8217;s reported $300 million budget highlights both the company&#8217;s determination to make a mark in Hollywood and the persistent financial <a target="_blank" href="https://www.benzinga.com/markets/large-cap/25/06/46142591/apples-f1-movie-burns-300-million-still-waiting-on-a-profit" rel="noreferrer noopener">challenges it&nbsp;faces in this arena.&nbsp;</a>
Artificial Intelligence (AI)
Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>) CEO&nbsp;Masayoshi Son&nbsp;said that he plans to position the company as the&nbsp;leading platform provider&nbsp;in the artificial super intelligence (ASI) sector within the next decade, aiming to rival major tech firms like&nbsp;Microsoft Corp., Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">Alphabet Inc.&#8217;s</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">Google</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46134697/softbanks-masayoshi-son-sets-sights-on-artificial-super-intelligence-domination-with-bets-on-openai-and-ampere-im-all-in" rel="noreferrer noopener">.</a>
Apple&#8217;s Siri&nbsp;is far behind&nbsp;OpenAI&#8217;s ChatGPT, according to a comparison conducted by&nbsp;Deepwater Asset Management, receiving an &#8220;F&#8221; while ChatGPT<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46156830/siri-gets-f-while-openais-chatgpt-scores-an-a-gene-munster-says-heres-what-apple-needs-to-fix-before-2026-launch-to-stay-relevant-in-ai" rel="noreferrer noopener"> has scored an &#8220;A.&#8221;</a>
Automobiles
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) has revealed that it pumped nearly $10 billion into its U.S. operations&nbsp;during the last fiscal year and plans to allocate<a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46046720/tesla-doubles-down-on-us-elon-musk-plans-another-8-billion-investment-after-spending-nearly-10-billion-in-2024" rel="noreferrer noopener"> an additional $8 billion this year.</a>
Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>):&nbsp;CEO&nbsp;Jim Farley&nbsp;voiced skepticism about&nbsp;Tesla&#8217;s autonomous driving strategy, underscoring the necessity of <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46156654/ford-ceo-jim-farley-believes-waymos-approach-makes-more-sense-than-elon-musk-led-teslas-when-you-have-a-brand-like-ford-you-have-to-be-really-careful" rel="noreferrer noopener">consumer trust and prudence</a>.
Xiaomi Corp. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/XIACY#OTC">XIACY</a>)&nbsp;unveiled the company&#8217;s first all-electric SUV, the YU7, <a target="_blank" href="https://www.benzinga.com/markets/asia/25/06/46132552/telsla-model-y-rival-xiaomi-yu7-suv-receives-nearly-300000-orders-in-1-hour-in-china" rel="noreferrer noopener">as a rival to&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/asia/25/06/46132552/telsla-model-y-rival-xiaomi-yu7-suv-receives-nearly-300000-orders-in-1-hour-in-china" rel="noreferrer noopener">Tesla.</a>
General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) has issued a recall for over 62,468 vehicles in the U.S. over <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46111407/general-motors-recalls-over-62000-vehicles-for-brake-issue-that-could-potentially-result-in-a-fire-report" rel="noreferrer noopener">a brake pressure sensor issue.</a>
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/tech/25/06/46125266/thank-you-elon-musks-longtime-aide-reportedly-fired-days-after-public-praise">&#8216;Thank You, Elon:&#8217; Musk&#8217;s Longtime Aide Reportedly Fired Days After Public Praise</a></li>
</ul>

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Consumer Tech News (June 23–June 27): Inflation Stirs, Trade Tensions Flare, And Big Tech Makes Big Moves

The past week has been a rollercoaster ride in the world of business and finance. From trade negotiations to aviation incidents, autonomous vehicle launches to electric vehicle sales, and massive vehicle recalls, the news cycle has been anything but dull.
Here&#8217;s a quick recap of the top stories that made headlines.
Japan&#8217;s Trade Negotiator Rejects Trump&#8217;s Auto Tariffs
Japan&#8217;s chief trade negotiator,&nbsp;Ryosei Akazawa, has voiced his disapproval of U.S. President Donald Trump&#8217;s proposed 25% auto tariffs. Akazawa emphasized the significant contribution of Japan&#8217;s automobile industry to the U.S. economy during the ongoing trade talks in Washington.
<a href="https://www.benzinga.com/markets/tech/25/06/46109160/japans-top-trade-negotiator-calls-trumps-25-auto-tariffs-unacceptable-amid-ongoing-talks">Read the full article here.</a>
Boeing Faces NTSB Scrutiny Over Mid-Air Incident
Aircraft manufacturer Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) is under investigation for its role in last year&#8217;s mid-air blowout incident involving Alaska Air Group Inc.&#8217;s Flight 1282. The National Transportation Safety Board (NTSB) is set to hold a hearing to determine the cause of the sudden loss of pressure in the aircraft&#8217;s fuselage.
<a href="https://www.benzinga.com/news/travel/25/06/46070802/this-shouldve-been-caught-years-ago-boeing-faces-ntsb-heat-over-737-max-9-alaska-airlines-mid-air-blowout-incident">Read the full article here.</a>
See Also:&nbsp;<a href="https://www.benzinga.com/markets/equities/25/06/45919464/boeing-faces-fresh-turmoil-as-india-mulls-787-8-grounding-after-fatal-crash-ceo-kelly-cancels-paris-trip-report">Boeing Faces Fresh Turmoil As India Mulls 787-8 Grounding, Safety Review After Fatal Crash, CEO Kelly Ortberg Cancels Paris Trip: Report</a>
Tesla Launches Robotaxi In Austin
Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;has officially launched its Robotaxi service in Austin, marking a significant milestone in the self-driving taxi race in the U.S. The small-scale event saw the rollout of over 10 Tesla Model Y Robotaxis in Austin&#8217;s South Congress neighborhood.
<a href="https://www.benzinga.com/markets/tech/25/06/46045542/tesla-launches-robotaxi-in-austin-elon-musk-calls-it-a-culmination-of-a-decade-of-hard-work">Read the full article here.</a>
BYD Surpasses Tesla In Europe
Electric vehicle company BYD Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDY#OTC">BYDDY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/BYDDF#OTC">BYDDF</a>) has outperformed Tesla in Europe, thanks to multiple new vehicle launches and a potential decline in demand for Tesla. The trend may continue as BYD is reportedly just getting started with its new vehicle launches.
<a href="https://www.benzinga.com/trading-ideas/long-ideas/25/06/46105919/byd-beats-tesla-in-europe-never-been-such-a-product-offensive-done">Read the full article here.</a>
General Motors Recalls Over 62,000 Vehicles
General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)&nbsp;has issued a recall for over 62,468 vehicles in the U.S. due to a brake pressure sensor issue. The recall affects Chevrolet Silverado Pickup trucks manufactured from 2019 to 2024.
<a href="https://www.benzinga.com/markets/tech/25/06/46111407/general-motors-recalls-over-62000-vehicles-for-brake-issue-that-could-potentially-result-in-a-fire-r">Read the full article here.</a>
Read Next:
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This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/ananya-gairola" target="_blank" rel="noreferrer noopener">Ananya Gairola</a>
Photo courtesy: Shutterstock

Media

BYDDF

Trump's Tariffs, Boeing's Blowout, Tesla's Robotaxi, BYD's European Triumph And GM's Massive Recall: This Week In Mobility

General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) has issued a recall for over 62,468 vehicles in the U.S. over a brake pressure sensor issue.
What Happened: The Detroit-based automaker recalled Chevrolet Silverado Pickup trucks manufactured from 2019 to 2024, Reuters reported on Thursday.
The issue with the brake pressure sensor, which could cause a fluid leak leading to increased chances of an electrical short and a fire, stems from the use of an unauthorized chemical during the assembly of the brake line by the company's supplier, the report said.&nbsp;
The report also suggests that over 1% of the recalled Chevrolet Silverado vehicles are affected by the issue, adding that an underhood fire could occur when the vehicle is switched off.
Why It Matters: The recall comes as GM's fellow Detroit-based automaker, Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), recently <a href="https://www.benzinga.com/markets/tech/25/06/46068633/ford-recalls-aviator-suvs-as-adhesive-issue-adds-to-automakers-mounting-recall-woes">issued multiple recalls</a> for several vehicles in its lineup.  
GM, along with other auto manufacturers in the U.S., issued a statement <a href="https://www.benzinga.com/markets/tech/25/06/46108517/gm-toyota-call-out-nhtsa-over-safety-rules-say-regulator-is-stifling-innovation-holding-back-autonomous-vehicle-future">criticizing the NHTSA</a>, or National Highway Traffic Safety Administration, for "stifling innovation."
GM also recently <a href="https://www.benzinga.com/markets/tech/25/06/45899175/general-motors-cfo-says-4-billion-investment-will-allow-company-to-rebalance-production-amid-trump-tariffs">invested over $4 billion</a> in its domestic production facilities, which the automaker says could help the company rebalance production as U.S. President Donald Trump's auto tariffs cause uncertainty in the auto industry.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="213" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025-1024x213.jpg" alt="" class="wp-image-963018" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025-1024x213.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025-300x62.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025-768x160.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025-1536x319.jpg 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/26062128/GM-26-JUN-2025.jpg 1553w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
GM scores well on Value and Quality metrics, while also offering satisfactory Momentum and Growth. For more such insights, sign up for<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> Benzinga Edge Stock Rankings</a> today!
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link.</a>
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</ul>
Photo courtesy: Jonathan Weiss / Shutterstock.com

General Motors Recalls Over 62,000 Vehicles For Brake Issue That Could Potentially Result In A Fire: Report

Major U.S. automakers, including General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Toyota Motor Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>) and more have criticized the National Highway Traffic Safety Administration (NHTSA) for impeding progress.
What Happened: Alliance for Automotive Innovation, a group representing the car manufacturers, criticized the agency in written testimony to the U.S. House of Representatives hearing, Reuters reported on Wednesday.
"Its fractured relationship with the industry, decades-old safety regulations, and lack of a clear strategic roadmap for emerging technologies are stifling innovation and threatening U.S. global leadership," Alliance for Automotive Innovation CEO John Bozella wrote in the testimony, the report said.
The CEO called on the agency to repeal automatic emergency braking rules, which require a car to come to a halt from up to 62 miles per hour and avoid collision during emergencies.
Bozella also called on the regulator to ease fuel economy requirements and put in a federal regulatory framework for Autonomous Vehicles, which he said wasn't in place despite "years of dialogue."
Why It Matters: The news comes in as automakers have been pushing for a regulatory framework on autonomous driving at a federal level for a while. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk also sounded out calls for regulation for AVs federally <a href="https://www.benzinga.com/25/05/45536915/transportation-secretary-sean-duffy-visits-elon-musks-tesla-gigafactory-in-austin-hints-at-possible-federal-autonomous-driving-regulations">during his meeting</a> with U.S. Transportation Secretary Sean Duffy.
Duffy had also said that the U.S. Department of Transportation will be announcing <a href="https://www.benzinga.com/25/04/45001024/trump-administration-announces-exemptions-for-autonomous-driving-companies-in-the-us-eases-self-driving-crash-report-requirements">exemptions to U.S. auto safety standards</a> for domestic manufacturers too. Previously, the exemptions only applied to imports.
Elsewhere, the NHTSA has said it will be easing some regulations for autonomous driving. NHTSA will be<a href="https://www.benzinga.com/markets/tech/25/06/45942936/elon-musks-cybercab-ambitions-just-got-a-boost-as-nhtsa-eases-regulations-for-autonomous-vehicles"> providing exemptions</a> to U.S. Safety Standards "to facilitate automated driving systems technology reaching its full potential," it said in a statement.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by<a href="https://www.benzinga.com/topic/mobility"> following this link</a>.&nbsp;
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Photo courtesy: Jonathan Weiss / Shutterstock.com

GM, Toyota Call Out NHTSA Over Safety Rules, Say Regulator Is 'Stifling Innovation,' Holding Back Autonomous Vehicle Future

Ford Motor Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) is determined to move forward with the construction of its $3 billion&nbsp;battery plant in Michigan, even&nbsp;if the project loses its eligibility for federal tax incentives.
What Happened:&nbsp;Ford&#8217;s decision to continue with the project comes amid potential policy changes by the U.S. government that could render the plant ineligible for federal tax credits, <a href="https://www.nytimes.com/2025/06/23/business/ford-battery-factory-electric-vehicles.html">reported</a>&nbsp;The New York Times&nbsp;on Monday.&nbsp;The plant, located in Marshall, Michigan, is expected to utilize battery and manufacturing technology licensed from the Chinese company&nbsp;Contemporary Amperex Technology Ltd.&nbsp;(CATL).
The Inflation Reduction Act, a key energy and climate change legislation passed under the administration of former President Joe Biden, was anticipated to provide federal tax credits to offset a portion of the plant&#8217;s costs. However, current Republican efforts in Congress may result in the exclusion of battery plants using Chinese technology or materials from federal support. 
Despite these potential changes, Ford is committed to the project.&nbsp;Lisa Drake, Ford&#8217;s&nbsp;vice president for technology platform&nbsp;programs and E.V. systems, stated, &#8220;We&nbsp;don't want to back off&nbsp;on this facility. When&nbsp;we invest, we stick behind&nbsp;our investments. Ford is a&nbsp;company that will weather the&nbsp;storm until we get there.&#8221;
The plant, scheduled to commence production next year, is projected to create 1,700 jobs and produce batteries using lithium, iron, and phosphate. 
SEE ALSO:&nbsp;<a href="https://benzinga.com/markets/large-cap/25/06/46044073/small-investment-bank-tied-to-trumps-sons-facilitated-120-million-trading-windfall" target="_blank" rel="noreferrer noopener">Small Investment Bank Tied to Trump's Sons Facilitated $120 Million Trading Windfall &#8211; Benzinga</a>
Why It Matters: The potential loss of tax incentives for Ford&#8217;s battery plant comes amid President Donald Trump&#8216;s crackdown on all-electric mobility in the country. 
Senate Republicans have proposed a bill to end the $7500 EV credit<a href="https://www.benzinga.com/markets/tech/25/06/45965638/amid-trumps-anti-ev-push-senate-republicans-propose-tax-bill-to-axe-7500-ev-credit"> currently available </a>on EV purchases within 180 days after the proposal is signed into law. 
Earlier in February, automakers like General Motors Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Ford had appealed to lawmakers to gradually phase out electric-vehicle (EV) tax credits over several years, rather than <a href="https://www.benzinga.com/markets/25/02/43648415/tesla-rivals-call-for-gradual-elimination-of-ev-tax-credits-many-of-those-jobs-will-be-at-risk">abruptly ending</a> them.
On a year-to-date basis, shares of Ford surged 11.4% as per<a href="https://www.benzinga.com/pro/"> Benzinga Pro</a>.
<ul class="wp-block-list">
<li>READ MORE:&nbsp;<a href="https://www.benzinga.com/markets/tech/25/06/46068633/ford-recalls-aviator-suvs-as-adhesive-issue-adds-to-automakers-mounting-recall-woes">Ford Recalls Aviator SUVs As Adhesive Issue Adds To Automaker&#8217;s Mounting Recall Woes</a> </li>
<li>Image via Shutterstock</li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Ford To Proceed With $3 Billion Battery Plant Despite Potential Tax Incentive Loss Under Trump's Budget Plan: 'We Stick Behind Our Investments'

The Federal Reserve kept its benchmark interest rate unchanged at 4.25%–4.50% for the sixth straight meeting, with Chair Jerome Powell signaling no near-term cuts despite <a target="_blank" href="https://www.benzinga.com/personal-finance/management/25/06/46011739/jerome-powell-led-fed-has-left-interest-rate-unchanged-what-does-it-mean-for-savings-mortgages-credit-cards-and-your-bank-account" rel="noreferrer noopener">mounting pressure from the White House.</a>
Meanwhile, global uncertainty ticked higher as White House Press Secretary Karoline Leavitt revealed the U.S. remains open to negotiations with Iran, even as President Donald Trump weighs potential military action—<a target="_blank" href="https://www.benzinga.com/news/25/06/46017426/trump-gives-iran-2-weeks-to-strike-a-deal-or-face-us-military-action" rel="noreferrer noopener">promising a decision "within the next two weeks."</a>
Amid these macro headlines, the consumer tech sector pressed on with notable developments.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/media/25/04/44873349/openai-and-softbanks-stargate-considers-major-uk-investment-to-fuel-ai-growth" rel="noreferrer noopener">OpenAI And SoftBank's Stargate Considers Major UK Investment To Fuel AI Growth</a>
Earnings Results
Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) reported quarterly earnings of $3.49 per share, topping&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/earnings/25/06/46024923/accenture-new-bookings-fall-in-q3-but-it-raises-profit-outlook" rel="noreferrer noopener">the&nbsp;analyst consensus estimate of $3.31</a>.
Accenture announced a&nbsp;strategic overhaul of its growth model, effective September 1, 2025, with a sharpened focus on AI.
Technology
Nvidia&nbsp;Corporation&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;venture capital arm,&nbsp;NVentures, has joined a $650 million funding round for&nbsp;TerraPower, a nuclear energy company founded by&nbsp;Microsoft Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>)&nbsp;co-founder&nbsp;Bill Gates.
Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) is reportedly looking to harness the power of generative artificial intelligence to accelerate the development of the&nbsp;custom chips that power&nbsp;its devices, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">according to senior executive&nbsp;</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">Johny Srouji</a><a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010207/apple-hardware-executive-says-iphone-maker-plans-to-use-ai-for-speeding-up-custom-chip-design-high-potential-in-getting-more-design-work-in-less-time" rel="noreferrer noopener">.</a>
Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>) announced a&nbsp;$60 billion plan&nbsp;to expand U.S.-based semiconductor manufacturing, marking what the company says is the largest investment in <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45998624/texas-instruments-announces-60-billion-us-semiconductor-manufacturing-boost" rel="noreferrer noopener">foundational chip production in the nation's history.</a>
Alibaba Group Holding Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>)&nbsp;cloud unit is set to launch its second data center in South Korea to capitalize <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46032308/alibaba-expands-ai-cloud-footprint-in-south-korea-with-new-data-hub-launching-in-june" rel="noreferrer noopener">on the generative AI frenzy.</a>
Meta Platforms, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>)&nbsp;is reportedly in discussions to hire&nbsp;Nat Friedman, former CEO of&nbsp;GitHub, to support <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46010604/mark-zuckerbergs-meta-reportedly-looking-to-hire-former-github-ceo-nat-friedman-and-investor-daniel-gross-as-part-of-aggressive-ai-expansion-strategy" rel="noreferrer noopener">its artificial intelligence efforts</a>.
The&nbsp;Trump Organization&nbsp;is&nbsp;entering the wireless industry&nbsp;with plans to launch a smartphone called the &#8220;T-1 Phone,&#8221; priced at $499 and promoted as being manufactured in the U.S.—a promise experts say may <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45990957/trump-mobile-plans-to-launch-499-t-1-phone-made-in-the-usa-but-expert-says-you-dont-have-the-employees-that-can-do-it" rel="noreferrer noopener">not hold up under scrutiny.</a>
Artificial Intelligence (AI)
Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBY#OTC">SFTBY</a>)&nbsp;founder&nbsp;Masayoshi Son is spearheading an alliance with&nbsp;Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), proposing a $1 trillion industrial complex in Arizona.
OpenAI chief executive&nbsp;Sam Altman says he &#8220;didn&#8217;t think Elon was going to abuse his power in the government to unfairly compete&#8221; but now believes he was wrong after Tesla&#8217;s founder allegedly tried to derail OpenAI&#8217;s $500 billion <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46023822/sam-altman-says-he-didnt-think-elon-musk-would-abuse-government-power-tesla-ceo-hits-back-with-scam-altman-jibe" rel="noreferrer noopener">&#8220;Stargate&#8221; data-center deal.</a>
Automobiles
Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)&nbsp;is reportedly working on a 6-seater <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46020870/elon-musks-tesla-to-expand-model-y-lineup-with-new-6-seater-version-report" rel="noreferrer noopener">variant of the Model Y crossover SUV.</a>
Tesla will shut down production at the Texas Gigafactory, which manufactures the Cybertruck and the Model Y, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/45989148/tesla-will-shut-down-production-at-the-texas-gigafactory-over-the-4th-of-july-weekend" rel="noreferrer noopener">over the Independence Day weekend.</a>
Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) has recalled more than 197,000 vehicles in the latest recall over an issue affecting the backseat occupants, <a target="_blank" href="https://www.benzinga.com/markets/tech/25/06/46012477/ford-recalls-over-197000-vehicles-for-backseat-issue-that-could-trap-occupants-in-emergency-situations" rel="noreferrer noopener">where they may remain locked inside the vehicle.</a>
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BABA

GRRR

Consumer Tech News (June 16-June 20): Fed Holds Rates, Trump Eyes Iran Moves, Apple Taps AI, Accenture Shifts Strategy

JP Morgan analyst Bill Peterson visited Lithium Americas Corp.&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) Tech Center and Thacker Pass sites in Nevada earlier this week and met with <a target="_blank" href="https://www.benzinga.com/quote/LAC/analyst-ratings" rel="noreferrer noopener">management and key project leaders</a>.
Peterson noted that construction is underway at the Tech Center and Thacker Pass sites, with mechanical completion targeted for late 2027 and full Phase 1 output expected within 6 to 12 months after that.
Monthly spending of $50 million–$70 million continues as Lithium Americas works through the loan process of the U.S. Department of Energy (DOE), which requires the company to use up its existing cash and funds from General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) and Orion first, the analyst writes.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/financing/25/04/44612991/lithium-americas-finalizes-financing-us-lithium-project-with-gm-orion-resource-partners" rel="noreferrer noopener">Lithium Americas Finalizes Financing US Lithium Project With GM, Orion Resource Partners</a>
Parallel efforts are ongoing with the DOE, focusing on daily operations and getting ready for the first loan advance, still anticipated in the third quarter of 2025.
Bechtel and Sawtooth Mining workers were seen on-site continuing preparation work, and project team members noted a sharp uptick in activity since late last year.
Around 60% of detailed engineering is now complete, and concrete has been poured. Steel deliveries are expected in August, with installation set for late August or September, a key milestone.
The team remains focused on staying within budget and ramping Phase 1 while preserving flexibility for future phases. The Workforce Hub is also under construction and is expected to be ready for occupancy in the second half of 2025 to accommodate a worker increase from 300 to 1,000 by year-end.
Peterson added that access to power lines, highways, rail, and water through nearby towns helps reduce infrastructure costs and supports workforce retention.
He also viewed the planned locations for major facilities, including the sulfuric acid plant, carbonate plant, filtration, leaching and neutralization systems, and tailings area.
During the management meeting, the analyst noted discussions centered on lithium pricing and market trends, with the team expecting a supply deficit next year as weak prices delay new capacity.
Lithium Americas projects a temporary price peak of $40,000 per ton due to tightening supply, with a long-term price stabilizing around $20,000 per ton, enough to support future investments.
The offtake agreement with General Motors includes a floor price above current Chinese spot rates, ensuring profitability even after factoring in all-in costs like sustaining capex and debt repayments.
Management remains focused on executing Phase 1, while Phase 2 timing will depend on market conditions. For now, low-cost, low-risk steps are being taken to keep Phase 2 on track.
The General Motors partnership also offers flexibility to contract up to 12 years for Phase 2, supporting both financing and expansion efforts.
Price Action: LAC shares are trading lower by 3.02% to $2.57 at last check Friday.
Read Next:
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Photo by Juan Roballo via Shutterstock

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Lithium Americas Analyst Highlights Thacker Pass Construction Momentum, 60% Engineering Complete

Malibu Boats, the world's best-selling wakeboat brand, is thrilled to announce the continuation of its long-standing partnership with <a href="https://www.gm.com/">General Motors</a>, naming <a href="https://www.chevrolet.com/">Chevrolet</a> as the Official Vehicle Brand of Malibu Boats. This partnership reinforces Malibu Boats' commitment to excellence and innovation, extending their exclusive collaboration with <a href="https://poweredsolutions.gm.com/marine">GM Marine</a> for the vertical integration of the <a href="https://www.malibuboats.com/discover-malibu/malibu-monsoon-engines">Monsoon Line of engines</a> at the Malibu Boats Factory in Loudon, TN.

MBUU

Malibu Boats Extends Partnership With General Motors, Naming Chevrolet As Official Vehicle Brand And Continuing GM Marine Engine Integration

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$330.00</td>
<td>$36.9K</td>
<td>42.3K</td>
<td>101.2K</td>
</tr>
<tr>
<td>XPEV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$18.00</td>
<td>$454.9K</td>
<td>24.9K</td>
<td>5.0K</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$185.0K</td>
<td>10.5K</td>
<td>2.0K</td>
</tr>
<tr>
<td>CVNA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$200.00</td>
<td>$33.4K</td>
<td>3.7K</td>
<td>594</td>
</tr>
<tr>
<td>EBAY</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$65.00</td>
<td>$101.5K</td>
<td>577</td>
<td>350</td>
</tr>
<tr>
<td>JD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/03/25</td>
<td>$31.00</td>
<td>$27.1K</td>
<td>32</td>
<td>300</td>
</tr>
<tr>
<td>DKS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$210.00</td>
<td>$25.2K</td>
<td>4.1K</td>
<td>227</td>
</tr>
<tr>
<td>GME</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$9.00</td>
<td>$29.2K</td>
<td>0</td>
<td>220</td>
</tr>
<tr>
<td>BABA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$100.00</td>
<td>$27.8K</td>
<td>20</td>
<td>219</td>
</tr>
<tr>
<td>MCD</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$310.00</td>
<td>$27.9K</td>
<td>1.0K</td>
<td>105</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a call option sweep that happens to be bearish, expiring in 2 day(s) on June 20, 2025. This event was a transfer of 185 contract(s) at a $330.00 strike. This particular call needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $36.9K, with a price of $198.0 per contract. There were 42332 open contracts at this strike prior to today, and today 101291 contract(s) were bought and sold. 
• For XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on July 18, 2025. This event was a transfer of 4999 contract(s) at a $18.00 strike. The total cost received by the writing party (or parties) was $454.9K, with a price of $91.0 per contract. There were 24986 open contracts at this strike prior to today, and today 5047 contract(s) were bought and sold. 
• For GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we notice a put option trade that happens to be bearish, expiring in 2 day(s) on June 20, 2025. This event was a transfer of 1000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $185.0K, with a price of $185.0 per contract. There were 10568 open contracts at this strike prior to today, and today 2062 contract(s) were bought and sold. 
• For CVNA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), we notice a put option sweep that happens to be neutral, expiring in 212 day(s) on January 16, 2026. This event was a transfer of 20 contract(s) at a $200.00 strike. This particular put needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $33.4K, with a price of $1670.0 per contract. There were 3708 open contracts at this strike prior to today, and today 594 contract(s) were bought and sold. 
• Regarding EBAY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EBAY#NASDAQ">EBAY</a>), we observe a put option trade with bullish sentiment. It expires in 275 day(s) on March 20, 2026. Parties traded 350 contract(s) at a $65.00 strike. The total cost received by the writing party (or parties) was $101.5K, with a price of $290.0 per contract. There were 577 open contracts at this strike prior to today, and today 350 contract(s) were bought and sold. 
• Regarding JD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JD#NASDAQ">JD</a>), we observe a call option sweep with bullish sentiment. It expires in 15 day(s) on July 3, 2025. Parties traded 150 contract(s) at a $31.00 strike. This particular call needed to be split into 8 different trades to become filled. The total cost received by the writing party (or parties) was $27.1K, with a price of $181.0 per contract. There were 32 open contracts at this strike prior to today, and today 300 contract(s) were bought and sold. 
• Regarding DKS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>), we observe a call option trade with bearish sentiment. It expires in 93 day(s) on September 19, 2025. Parties traded 70 contract(s) at a $210.00 strike. The total cost received by the writing party (or parties) was $25.2K, with a price of $360.0 per contract. There were 4140 open contracts at this strike prior to today, and today 227 contract(s) were bought and sold. 
• For GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we notice a call option trade that happens to be bullish, expiring in 2 day(s) on June 20, 2025. This event was a transfer of 20 contract(s) at a $9.00 strike. The total cost received by the writing party (or parties) was $29.2K, with a price of $1464.0 per contract. There were 0 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• Regarding BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we observe a put option sweep with bearish sentiment. It expires in 184 day(s) on December 19, 2025. Parties traded 52 contract(s) at a $100.00 strike. This particular put needed to be split into 5 different trades to become filled. The total cost received by the writing party (or parties) was $27.8K, with a price of $535.0 per contract. There were 20 open contracts at this strike prior to today, and today 219 contract(s) were bought and sold. 
• Regarding MCD (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), we observe a put option trade with bearish sentiment. It expires in 93 day(s) on September 19, 2025. Parties traded 12 contract(s) at a $310.00 strike. The total cost received by the writing party (or parties) was $27.9K, with a price of $2330.0 per contract. There were 1080 open contracts at this strike prior to today, and today 105 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

CVNA

EBAY

XPEV

10 Consumer Discretionary Stocks With Whale Alerts In Today's Session

Prominent Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) analyst Gary Black has aimed at &#8220;Tesla bears,&#8221; particularly long-term bear Drew Dickson, for what he calls a fundamental misapplication of traditional automotive price-to-earnings (P/E) ratios to Elon Musk&#8216;s burgeoning electric vehicle business.
What Happened: Black argues that the approach of using the auto industry&#8217;s P/Es for Tesla overlooks the stark differences in growth trajectories between the rapidly expanding EV market and the declining internal combustion engine (ICE) vehicle sector.
&#8220;The biggest mistake $TSLA bears make is slapping an auto industry P/E on TSLA's EV business,&#8221; said Black.
Black dissected Dickson&#8217;s latest report, which attempts to value Tesla&#8217;s automotive business by applying an average P/E of 6.5x to 7.7x, derived from traditional automakers like Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>), Bayerische Motoren Werke AG (BMW), Mercedes-Benz Group AG, General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Renault SA, Stellantis NV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/STLA#NYSE">STLA</a>), Volkswagen, Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>), Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>), and SAIC Motor. Corp. Ltd.
Dickson&#8217;s analysis suggests that even at a generous 15x P/E for Tesla&#8217;s automotive business, its market capitalization would be around $100 billion, implying that the market already assigns a staggering $1 trillion valuation to Tesla&#8217;s non-automotive ventures such as FSD, robotaxis, Optimus, and energy business.
According to Black, Dickson&#8217;s analysis &#8220;ignores the fact that TSLA is 100% EVs which are growing at 25-30% per year while ICE vehicles are in a state of permanent decline,&#8221; Black posted.
&#8220;Of course there should be a huge difference in P/Es between EV manufacturers and ICE manufacturers given stark differences in growth prospects.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The biggest mistake <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bears make is slapping an auto industry P/E on TSLA's EV business. From long-term <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> bear Drew Dickson's latest report: "We can make a simple determination of what the automobile business is worth. And, by implication, the balance must be these… <a href="https://t.co/euOOrAG01I">pic.twitter.com/euOOrAG01I</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1935280349006676095?ref_src=twsrc%5Etfw">June 18, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45971247/trumps-plan-to-take-on-apple-samsung-with-a-smartphone-is-a-fairytale-dan-ives-warns-it-could-be">Trump&#8217;s Plan To Take On Apple, Samsung With A Smartphone Is A &#8216;Fairytale&#8217;: Dan Ives Warns — It Could Be A Money-Loser For His Company</a>
Why It Matters: <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data also highlights that Tesla was the most overvalued among its peers.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Automobile Stocks</td>
<td>Forward P/E</td>
</tr>
<tr>
<td>Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)</td>
<td>163.934</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>5.269</td>
</tr>
<tr>
<td>Ford Motor Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>)</td>
<td>8.475</td>
</tr>
<tr>
<td>Honda Motor (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMC#NYSE">HMC</a>)</td>
<td>9.901</td>
</tr>
<tr>
<td>Toyota Motor Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TM#NYSE">TM</a>)</td>
<td>9.891</td>
</tr>
<tr>
<td>BYD (OTCPK: BYDDY)</td>
<td>57.804</td>
</tr>
<tr>
<td>Li Auto Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>)</td>
<td>17.857</td>
</tr>
</tbody>
</table>
</figure>
Black, who is <a href="https://www.benzinga.com/markets/equities/25/06/45886571/gary-blacks-2021-tsla-stock-exit-dodged-a-30-drop-can-valuation-discipline-outsmart-teslas-2025-robotaxi-hype">not holding Tesla</a> in his current portfolio, did express some near-term concerns. He highlighted the asymmetrical risk/reward associated with the upcoming Austin robotaxi test, scheduled to begin on June 22nd.
He also voiced apprehension that the &#8220;more affordable vehicles&#8221; targeted for the third quarter might be lower-cost, which could cannibalize sales of more expensive trims.
Finally, Black anticipates that Tesla&#8217;s second quarter volumes are likely to disappoint, projecting approximately 380,000 deliveries against a Street consensus of 402,000. He attributes this potential shortfall to the ongoing EV price war in China, led by BYD (OTCPK: BYDDY).
Price Action: TSLA shares were 0.61% higher in premarket on Wednesday. The stock was down 16.61% year-to-date, but it has returned 71.09% over the year.
About 26 analysts <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">tracked by Benzinga</a>, covering TSLA, have a consensus target price of $309.76 apiece, with a ‘hold' rating.
The targets range from $19.05 to $500, and the recent ratings by Piper Sandler, Morgan Stanley, and Baird imply an 18.59% upside for the stock.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/TSLA/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="385" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-1024x385.png" alt="" class="wp-image-953724" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-1024x385.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-300x113.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh-768x288.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075143/ANR-Tesla-new-fresh.png 1161w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
Benzinga Edge Stock Rankings shows that Tesla had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid; however, its value ranking was poor at the 9.41th percentile. The details of other metrics are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="147" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--1024x147.png" alt="" class="wp-image-953725" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--1024x147.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh--768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/18075216/Edge-Tesla-New-Fresh-.png 1042w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Wednesday. The SPY was up 0.31% at $599.39, while the QQQ advanced 0.38% to $531.07, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/06/45969197/mark-cuban-floats-bold-healthcare-plan-zero-premiums-to-insurance-companies-with-a-cash-pay-revolution">Mark Cuban Floats Bold Healthcare Plan: &#8216;Zero Premiums To Insurance Companies&#8217; With A Cash-Pay Revolution</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photos from Shutterstock

Gary Black Calls Out Tesla Bears For 'Slapping' Auto Industry Valuation Technique On Elon Musk's EV Business: 'Stark Differences In Growth Prospects'

<a href="https://www.gmdefensellc.com/site/us/en/gm-defense/home/news-and-events/news.detail.html//Pages/news/us/en/2025/jun/0617-GM-Defense-NP-Aerospace-team-address-future-UK-NATO-opportunities.html">https://www.gmdefensellc.com/site/us/en/gm-defense/home/news-and-events/news.detail.html//Pages/news/us/en/2025/jun/0617-GM-Defense-NP-Aerospace-team-address-future-UK-NATO-opportunities.html</a>
&nbsp;
GM Defense is teaming with defense contractor NP Aerospace to pursue the UK Ministry of Defence's Light Mobility Vehicle (LMV) requirements as part of the Land Mobility Programme (LMP). The team will also address broader opportunities across NATO and allied nations.
LMV is intended to replace aging vehicles with a Common Based Platform and is part of the LMP, which is a broader initiative by the British Army to modernize and consolidate its vehicle fleet.
GM Defense, a unit of General Motors, leverages commercially proven platforms with their inherent cost efficiencies from high-volume manufacturing, to deliver affordable, highly customizable commercial solutions that are ready for immediate deployment. The business' flagship, the <a href="https://www.gmdefensellc.com/site/us/en/gm-defense/home/integrated-vehicles/infantry-squad-vehicle.html">Infantry Squad Vehicle (ISV)</a> and its utility variant, are both based on the rugged <a href="https://www.chevrolet.com/trucks/colorado">Chevrolet Colorado ZR2</a>.

'GM Defense And NP Aerospace Team To Address Future UK And NATO Opportunities' - GM Defense

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Consumer Discretionary sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>TSLA</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$320.00</td>
<td>$26.2K</td>
<td>15.0K</td>
<td>74.8K</td>
</tr>
<tr>
<td>EAT</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$120.00</td>
<td>$1.6 million</td>
<td>10.0K</td>
<td>6.0K</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$50.00</td>
<td>$145.0K</td>
<td>12.7K</td>
<td>3.0K</td>
</tr>
<tr>
<td>GME</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/17/27</td>
<td>$5.00</td>
<td>$51.8K</td>
<td>64.8K</td>
<td>2.2K</td>
</tr>
<tr>
<td>PENN</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$15.00</td>
<td>$74.8K</td>
<td>9.7K</td>
<td>1.0K</td>
</tr>
<tr>
<td>ABNB</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$125.00</td>
<td>$51.4K</td>
<td>1.0K</td>
<td>310</td>
</tr>
<tr>
<td>RIVN</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$50.5K</td>
<td>12.2K</td>
<td>198</td>
</tr>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$120.00</td>
<td>$30.6K</td>
<td>580</td>
<td>190</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>12/18/26</td>
<td>$280.00</td>
<td>$32.4K</td>
<td>108</td>
<td>65</td>
</tr>
<tr>
<td>AMZN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$225.00</td>
<td>$44.8K</td>
<td>4.7K</td>
<td>45</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For TSLA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), we notice a put option sweep that happens to be bearish, expiring in 3 day(s) on June 20, 2025. This event was a transfer of 35 contract(s) at a $320.00 strike. This particular put needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $26.2K, with a price of $750.0 per contract. There were 15077 open contracts at this strike prior to today, and today 74831 contract(s) were bought and sold. 
• For EAT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EAT#NYSE">EAT</a>), we notice a put option sweep that happens to be bearish, expiring in 213 day(s) on January 16, 2026. This event was a transfer of 2900 contract(s) at a $120.00 strike. This particular put needed to be split into 63 different trades to become filled. The total cost received by the writing party (or parties) was $1.6 million, with a price of $570.0 per contract. There were 10004 open contracts at this strike prior to today, and today 6015 contract(s) were bought and sold. 
• Regarding GM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), we observe a put option trade with bearish sentiment. It expires in 3 day(s) on June 20, 2025. Parties traded 1000 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $145.0K, with a price of $145.0 per contract. There were 12727 open contracts at this strike prior to today, and today 3064 contract(s) were bought and sold. 
• Regarding GME (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GME#NYSE">GME</a>), we observe a put option trade with bearish sentiment. It expires in 913 day(s) on December 17, 2027. Parties traded 700 contract(s) at a $5.00 strike. The total cost received by the writing party (or parties) was $51.8K, with a price of $74.0 per contract. There were 64843 open contracts at this strike prior to today, and today 2207 contract(s) were bought and sold. 
• Regarding PENN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PENN#NASDAQ">PENN</a>), we observe a put option sweep with bullish sentiment. It expires in 94 day(s) on September 19, 2025. Parties traded 748 contract(s) at a $15.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $74.8K, with a price of $100.0 per contract. There were 9762 open contracts at this strike prior to today, and today 1002 contract(s) were bought and sold. 
• For ABNB (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>), we notice a put option sweep that happens to be bearish, expiring in 31 day(s) on July 18, 2025. This event was a transfer of 271 contract(s) at a $125.00 strike. This particular put needed to be split into 36 different trades to become filled. The total cost received by the writing party (or parties) was $51.4K, with a price of $187.0 per contract. There were 1010 open contracts at this strike prior to today, and today 310 contract(s) were bought and sold. 
• Regarding RIVN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>), we observe a call option trade with neutral sentiment. It expires in 577 day(s) on January 15, 2027. Parties traded 180 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $50.5K, with a price of $281.0 per contract. There were 12232 open contracts at this strike prior to today, and today 198 contract(s) were bought and sold. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bearish, expiring in 94 day(s) on September 19, 2025. This event was a transfer of 40 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $30.6K, with a price of $765.0 per contract. There were 580 open contracts at this strike prior to today, and today 190 contract(s) were bought and sold. 
• For LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we notice a call option trade that happens to be bullish, expiring in 549 day(s) on December 18, 2026. This event was a transfer of 8 contract(s) at a $280.00 strike. The total cost received by the writing party (or parties) was $32.4K, with a price of $4050.0 per contract. There were 108 open contracts at this strike prior to today, and today 65 contract(s) were bought and sold. 
• Regarding AMZN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), we observe a call option sweep with bullish sentiment. It expires in 185 day(s) on December 19, 2025. Parties traded 25 contract(s) at a $225.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $44.8K, with a price of $1795.0 per contract. There were 4745 open contracts at this strike prior to today, and today 45 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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