オプションチェーンは、General Motorsの株式オプションの主要データを様々な行使価格と満期日で表示します。トレーダーはこの情報を使用して、潜在的な取引を分析し、General Motorsの市場センチメントを評価します。.

General Motors (NYSE:GM) 株価情報, オプションチェーン

General Motors

General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.

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米自動車大手のGM（ジェネラル・モーターズ）の株価が冴えない。同じく米自動車大手のフォード自動車が第2四半期決算を発表した後に、GMの株価は水曜午後の取引で大きく下落する展開となった。

フォードが第2四半期の業績を発表　GMの株価に影響か

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本日の注目ポイントは以下の通りです。投機的なセンチメント以下の点に注目：この記事は個別の銘柄ではなく、大局についてのものである。TSLA株のチャートはさまざまな視点について示すために使用されている。

ヒューマロイドロボットの競争激化　市場は投機的に

BYDDY

FSRN

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電気自動車メーカーのFisker Inc（OTCPK: FSRN）は、かつて市場で人気を博していたが、月曜日に破産を申請した。Fiskerの破産が、進展が見られているEV市場にとって、どのような影響があるのか？

フィスカー破産　EV関連事業の継続に暗雲

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<a href="https://www.detroitnews.com/story/business/autos/general-motors/2024/11/07/gm-ending-cadillac-xt4-production-in-january/76112996007/#:~:text=General%20Motors%20Co.%20is%20ending,Malibu%20sedan%20ended%20this%20month" title="https://www.detroitnews.com/story/business/autos/general-motors/2024/11/07/gm-ending-cadillac-xt4-production-in-january/76112996007/#:~:text=General%20Motors%20Co.%20is%20ending,Malibu%20sedan%20ended%20this%20month">https://www.detroitnews.com/story/business/autos/general-motors/2024/11/07/gm-ending-cadillac-xt4-production-in-january/76112996007/#:~:text=General%20Motors%20Co.%20is%20ending,Malibu%20sedan%20ended%20this%20month</a>.

'GM ending Cadillac XT4 production in January' - Detroit News

Donald Trump has been elected as the 47th president of the U.S., and the future of <a href="https://www.benzinga.com/electric-vehicles">the electric vehicle (EV) industry</a> is uncertain. 
Here's a look at how the president-elect&#8217;s policy changes could affect<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41755274/trump-win-could-hinder-tech-ev-sector-growth-slow-the-pace-of-ai-revolution-analyst"> EV makers in the US. </a>
Trump's EV Views: Trump, who <a href="https://www.benzinga.com/markets/equities/24/10/41562048/leonardo-dicaprio-backs-harris-says-trump-continues-to-deny-the-facts-on-climate">has denied climate change</a>, as largely condemned EVs. He claims they will cost autoworkers' jobs as factories make the shift to electric vehicles. He has also said EVs are<a href="https://www.benzinga.com/news/24/07/39854007/trump-says-he-will-end-the-electric-vehicle-mandate-on-day-one-days-after-tesla-ceo-elon-musks-endor"> being forced </a>on consumers through unfair regulations. 
"I will end the electric vehicle mandate on day one, thereby saving the auto industry from complete obliteration which is happening right now and saving US customers thousands and thousands of dollars per car," Trump said in a speech at the Republican National Convention in July.&nbsp;
Read Next: <a href="https://www.benzinga.com/news/24/11/41754367/china-escalates-trade-dispute-lodges-complaint-with-wto-over-european-ev-tariffs">China Escalates Trade Dispute, Lodges Complaint With WTO Over European EV Tariffs</a>
Trump has also said he plans <a href="https://www.benzinga.com/news/24/07/39854007/trump-says-he-will-end-the-electric-vehicle-mandate-on-day-one-days-after-tesla-ceo-elon-musks-endor">to eliminate</a> many vehicle emissions standards under the Environmental Protection Agency as well as many EV incentives included in the Biden administration's Inflation Reduction Act (IRA).
Analysts Weigh In: Wedbush analysts, including Dan Ives, see <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41755274/trump-win-could-hinder-tech-ev-sector-growth-slow-the-pace-of-ai-revolution-analyst">trouble ahead</a> for the EV industry.&nbsp;
&#8220;We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats,&#8221; the Wedbush analysts wrote.&nbsp;
The analysts pointed to Tesla, Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) profitability, along with the company's size and scale, as advantages over its competitors who may struggle after losing rebates and tax incentives. Wedbush also sees Tesla benefiting from higher import fees on Chinese EVs under a Trump administration. 
&#8220;Higher China tariffs that would continue to push away cheaper EV players (BYD, Nio, etc.) from flooding the US market over the coming years,&#8221; Wedbush wrote.&nbsp;
Tesla CEO Elon Musk, who campaigned heavily <a href="https://www.benzinga.com/news/24/11/41766808/mark-cuban-congratulates-trump-musk-before-the-election-is-called-says-they-won-fair-and-square">for the GOP leader</a>, acknowledged that a Trump presidency would likely mean the end of EV subsidies and tax credits during Tesla's second-quarter earnings call. 
The impact would be slight for Tesla and devastating for its competitors, Musk said.
"But long term probably actually helps Tesla, would be my guess, yes," Musk said.&nbsp;
The Big 3: Legacy automakers, General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Company (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>) are struggling as they transition from traditional combustion engines to EVs. 
The Big 3 automakers have recently announced they will delay investments and other plans related to the production of EVs amid <a href="https://www.benzinga.com/news/24/11/41737069/ford-ev-sales-drop-over-8-in-october-as-demand-for-f-150-lightning-slows-down">waning demand </a>from consumers. 
What's Next: It remains to be seen what measures will be repealed under a Trump administration and how each automaker will be affected. However, investors seem to agree with Tesla analysts that Trump's second term is a positive catalyst for the EV giant. Tesla shares are soaring 12.8% higher at $283.49 at the time of publication Wednesday, according to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>.&nbsp;
Read More:&nbsp;
<ul>
<li><a href="https://www.benzinga.com/news/large-cap/24/11/41774549/trumps-big-tech-policies-what-gop-victory-means-for-apple-google-microsoft">Trump&#8217;s Big Tech Policies: What GOP Victory Means For Apple, Google, Microsoft</a></li>
</ul>
Image: Shutterstock

Politics

What Does Trump's Victory Mean For EV Giant Tesla And The Big 3 Automakers?

Deep-pocketed investors have adopted a bullish approach towards General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in GM usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 8 extraordinary options activities for General Motors. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 37% bearish. Among these notable options, 3 are puts, totaling $966,038, and 5 are calls, amounting to $433,225.
<h3>Predicted Price Range</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $33.0 to $55.0 for General Motors during the past quarter. 
<h3>Insights into Volume &amp; Open Interest</h3>
In today's trading context, the average open interest for options of General Motors stands at 4354.86, with a total volume reaching 8,295.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in General Motors, situated within the strike price corridor from $33.0 to $55.0, throughout the last 30 days.
<h3>General Motors 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730911534_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GM</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$1.75</td>
<td>$1.24</td>
<td>$1.45</td>
<td>$37.00</td>
<td>$870.0K</td>
<td>10.8K</td>
<td>6.0K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$21.4</td>
<td>$21.0</td>
<td>$21.0</td>
<td>$33.00</td>
<td>$126.0K</td>
<td>11.8K</td>
<td>100</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$6.75</td>
<td>$6.45</td>
<td>$6.75</td>
<td>$50.00</td>
<td>$90.4K</td>
<td>1.6K</td>
<td>150</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$1.75</td>
<td>$1.74</td>
<td>$1.75</td>
<td>$55.00</td>
<td>$84.5K</td>
<td>3.8K</td>
<td>662</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$21.0</td>
<td>$20.6</td>
<td>$21.0</td>
<td>$33.00</td>
<td>$84.0K</td>
<td>11.8K</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About General Motors</h3>
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
After a thorough review of the options trading surrounding General Motors, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>General Motors's Current Market Status</h3>
<ul>
<li>Trading volume stands at 7,925,621, with GM's price up by 0.33%, positioned at $53.88.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 83 days.</li>
</ul>
<h3>What Analysts Are Saying About General Motors</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $64.8.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital persists with their Outperform rating on General Motors, maintaining a target price of $65. 
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on General Motors with a target price of $70. 
&#x2A; An analyst from Wedbush downgraded its action to Outperform with a price target of $55. 
&#x2A; Maintaining their stance, an analyst from Barclays continues to hold a Overweight rating for General Motors, targeting a price of $70. 
&#x2A; An analyst from Barclays persists with their Overweight rating on General Motors, maintaining a target price of $64. 
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest General Motors options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

General Motors Options Trading: A Deep Dive into Market Sentiment

General

Electric Vehicle Industry Group Says Companies Ready To Work With Trump, Says Next 4-Years Critical To Ensuring Battery Technologies Developed, Deployed By American Workers

<a href="https://www.benzinga.com/topic/2024-election">Election Day proved </a>eventful beyond politics, marking a standout performance for the Consumer Discretionary sector, which outpaced the S&amp;P 500 and led gains across <a href="https://www.benzinga.com/trading-ideas/long-ideas">major market sectors.</a>
The Consumer Discretionary Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>) which serves as a proxy for the Consumer Discretionary sector, posted a 1.77% rally on Nov. 5, surpassing the S&amp;P 500's 1.23% rise.
<h2 class="wp-block-heading">Big Movers: GM, Tesla, Norwegian Cruise Lead The Charge</h2>
General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>), and Norwegian Cruise Line Holdings Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>) were key drivers behind the Consumer Discretionary sector's strong performance. 
GM posted a 3.67% gain as enthusiasm for its electric vehicle strategy grew. Tesla followed with a 3.54% boost, riding strong demand expectations. Meanwhile, Norwegian Cruise Line gained 3.14%, reflecting optimism in the travel sector and consumer confidence in spending.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/11/41769412/dow-nasdaq-futures-race-higher-as-trump-wins-white-house-djt-tesla-shares-surge-veteran-investor-pr">Dow, Nasdaq Futures Race Higher As Trump Wins White House: DJT, Tesla Shares Surge — Veteran Investor Predicts US Economy Could &#8216;Take Off&#8217;</a>
<h2 class="wp-block-heading">How Other Sectors Stacked Up</h2>
Consumer Discretionary wasn't the only sector with a strong showing on Election Day. Here's how other sectors compared:
<ul>
<li>The Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) came close to matching Discretionary's gains with a 1.67% increase, buoyed by favorable economic expectations.</li>
<li>The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) and the Real Estate Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>) also impressed, with gains of 1.50% and 1.37%, respectively, as investors balanced growth-focused bets with traditionally safer sectors.</li>
<li>The Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) posted a solid 1.41% uptick, as Big Tech rode positive investor sentiment.</li>
<li>The Communication Services Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) rose 1.11%, supported by media and entertainment stocks.</li>
<li>The Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>) saw a modest 0.93% gain, while the Health Care Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLV#NYSE">XLV</a>) rose by 0.74%.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) and the Consumer Staples Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) posted smaller gains of 0.67% and 0.63%, respectively.</li>
<li>The Materials Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>) lagged with a 0.15% uptick, reflecting a more cautious outlook in raw materials.</li>
</ul>
Consumer Discretionary's outperformance hints at market confidence in consumer spending and economic growth. This sector, sensitive to consumer sentiment, is often seen as a bellwether for economic optimism. 
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41768178/donald-trump-defeats-kamala-harris-to-win-2024-election">Donald Trump Defeats Kamala Harris To Win 2024 Election</a></li>
</ul>
Photo: Shutterstock

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Select Sector SPDR-Consumer Discretionary

Tesla, GM, Norwegian Cruise Push Consumer Discretionary Ahead Of S&P 500 On Election Day

A win for Donald Trump or Kamala Harris could have implications for many sectors, including technology and electric vehicles, making the outcome of the <a href="https://www.benzinga.com/topic/2024-election">2024 presidential election</a> important for investors.
A group of Wedbush analysts outlines the implications for the technology sector in light of Tuesday's election.
2024 Election Being Closely Watched: Wedbush analysts Daniel Ives, John Katsingris, Steven Wahrhaftig, and Sam Brandeis share their thoughts on <a href="https://www.benzinga.com/tech" target="_blank" rel="noopener">the technology sector</a> ahead of the 2024 election and what a win by either Trump or Harris could mean.
"U.S. Elections here with implications for tech on the table," the analysts said.
Technology investors are worried about the global implications of a Trump win with the potential for increased tariffs that could create tensions between the U.S. and China in the technology sector, the analyst said.
"Tonight the Street and tech world will be watching election results with white knuckles as there are many policy dynamics in the Beltway that will impact the tech sector looking ahead."
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades/?utm_source=BZprocontent110524">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
What a Trump Win Means: The analysts said a Trump win could create major changes in tariffs and could impact the overall technology supply chain.
NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) are highlighted in the report as companies that could be negatively impacted by the possibility of retaliatory impacts from China.
The analysts said a Trump win could "slow the pace of the AI revolution."
Federal Trade Commission (FTC) Chair Lina Khan is another critical figure to monitor, as she has exerted pressure on major tech companies and may advocate for breakups. The analysts said Khan is likely out with a Harris win, but could remain in the position if Trump wins.
The analysts added that Congressional races on Election Day could impact the chance of major policy changes for Big Tech regardless of who wins the White House. A GOP sweep of the White House and Congress could be bullish for the overall stock market but negative for Big Tech stocks.
"From a Big Tech/AI trade perspective we view overall a Harris White House win as more bullish on the margins and a Trump win as a net negative for Big Tech."
Given Elon Musk&#8217;s support for the former present, one of the big questions is whether a Trump win could be good for Tesla.
"We believe a Trump presidency would be an overall negative for the EV industry as likely the EV rebates/tax incentives get pulled, however for Tesla we see this as a potential positive with some caveats."
The analysts said Tesla's size and scale could help the company without tax incentives, and it could have a "clear competitive advantage" with competitors losing subsidies and the potential of higher tariffs on Chinese companies.
"Higher China tariffs that would continue to push away cheaper EV players (BYD, Nio, etc.) from flooding the US market over the coming years."
What a Harris Win Means: A win in the 2024 election by Harris could be a positive for the electric vehicle sector, the analysts said.
"If Harris wins we would expect the EV tax credits to remain the same and ultimately increase in 2025 as the goal to get more US consumers towards EVs would be a laser focus in a Harris Administration," the analysts said.
General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), Ford Motor Company (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>) are named as companies that could benefit from a Harris win as they are betting heavily on electric vehicles and need the growth to continue.
The analysts said a Harris win could be neutral or slightly negative for Tesla.
Musk heavily supporting Trump in the election could have "negative consequences" in the future, the analysts said.
"For now, the ‘Musk betting on Trump bet' has seen a limited negative impact on demand in the U.S. although clearly this political dynamic could impact some customers to go away from Tesla when buying decisions ultimately come around over the next year."
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</ul>
Photo: Shutterstock

Analyst Color

Analyst Ratings

Trump Win Could Hinder Tech, EV Sector Growth, 'Slow The Pace' Of AI Revolution: Analysts Lay Out 2024 Election Implications

<a href="https://www.bloomberg.com/news/articles/2024-11-05/gm-recalls-some-chevrolet-bolt-electric-suvs-for-a-second-time" title="https://www.bloomberg.com/news/articles/2024-11-05/gm-recalls-some-chevrolet-bolt-electric-suvs-for-a-second-time">https://www.bloomberg.com/news/articles/2024-11-05/gm-recalls-some-chevrolet-bolt-electric-suvs-for-a-second-time</a>

'GM Recalls Some Chevrolet Bolt Electric SUVs For A Second Time' - Bloomberg News

General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) is recalling 107 Bolt electric vehicles owing to fire risks, the National Highway Traffic Safety Administration (NHTSA) said on Monday.
What Happened: The recall population includes certain 2020-2022 Chevrolet Bolt EV and 2022 Bolt EUV vehicles, the U.S. auto safety regulator said. 
The vehicles were previously recalled and installed with advanced diagnostic software. However, the software might not have been installed correctly and as a result, the high-voltage battery may catch fire when charged to nearly full or full capacity, NHTSA said.
As for a solution, dealers will correctly install the advanced diagnostic software, NHTSA added.
However, until then, the regulator advised drivers to park outside after charging and to not charge over 90%. It also warned drivers to not charge their vehicles indoors overnight, among other measures. 
Why It Matters: The Chevrolet Bolt was GM's&nbsp;<a href="https://www.benzinga.com/news/24/07/39612749/60-000-cadillac-lyriq-drives-gms-q2-ev-sales-after-bolt-is-discontinued" target="_blank" rel="noreferrer noopener">best-selling electric vehicle</a>&nbsp;until the company stopped production of its previous generation in December.
GM's autonomous driving unit Cruise will also&nbsp;<a href="https://www.benzinga.com/news/24/07/39903020/gms-cruise-abandons-pedal-less-origin-autonomous-vehicle-pivots-to-next-generation-chevrolet-bolt-in" target="_blank" rel="noreferrer noopener">use the next-generation Bolt for its autonomous driving operations</a>&nbsp;in the future, company CEO&nbsp;Mary Barra&nbsp;said in July. Production of the next-generation Bolt is expected to <a href="https://www.benzinga.com/news/24/09/40975105/general-motors-to-lay-off-about-1700-employees-ahead-of-chevrolet-malibu-phase-out-and-re-tooling-fo">commence next year</a>. 
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo courtesy: Shutterstock

GM Recalls 107 Bolt Electric Vehicles Due To Fire Risks

Detroit-based automaker General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) said on Monday that it surpassed selling its 300,000th electric vehicle in the U.S. since 2016 in October. 
What Happened: &#8220;We have more great EVs coming soon, like Cadillac's OPTIQ and ESCALADE IQ, ensuring that when you're ready to make the switch to an all-electric vehicle, you won't have to compromise,&#8221; the company said in a statement. &#8220;GM has spent decades advancing EV technology.&#8221;
GM made a battery electric car as far back as late 90s called the EV1 but the program was eventually terminated in 2001. 
Tesla Inc CEO Elon Musk said in June 2023 that if General Motors had made more EV1s, they would have been the leaders in electric vehicles today. "But they didn't, so there was need for Tesla,&#8221; <a href="https://www.benzinga.com/news/23/06/32910764/general-motors-would-have-been-ev-leaders-if-they-made-more-ev1s-says-tesla-ceo-elon-musk">he said</a>.
According to data from automotive research company Kelley Blue Book, Tesla sold 471,374 EVs in the U.S. through the end of the third quarter, exceeding GM&#8217;s EV sales across nearly 8 years.
Why It Matters: In the third quarter, GM became the second best-seller of EVs in the U.S. after Tesla after selling over 32,000 EVs, with the Chevrolet Equinox EV accounting for a majority of the deliveries.
GM had the longest EV lineup in the U.S. among major players including Tesla in the quarter with eight EV models on sale. 
"We are on track to produce and wholesale approximately 200,000 EVs this year and reach variable profit positive in Q4. Our EV momentum is growing," company CFO&nbsp;Paul A Jacobson&nbsp;<a href="https://www.benzinga.com/markets/equities/24/10/41485013/gm-accelerates-its-ev-ambitions-after-a-strong-q3-in-us-powers-it-past-ford-aims-for-200k-wholes">said </a>during the company&#8217;s third-quarter earnings call last month. 
For the third quarter, GM reported better-than-expected<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41462946/general-motors-strong-q3-earnings-impress-analysts-highlights-turnaround-and-ev-pro" target="_blank" rel="noreferrer noopener"> results</a>.
GM's quarterly adjusted earnings per share of $2.96 beat the street view of $2.43. Quarterly sales of $48.757 billion also beat the analyst consensus estimate of $44.585 billion.
The company also raised 2024 adjusted EPS guidance from $9.50 – $10.50 to $10.00 – $10.50.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
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<li><a href="https://www.benzinga.com/news/24/11/41708446/tesla-shares-slide-in-pre-market-as-sales-of-elon-musk-led-companys-made-in-china-evs-drop-in-octobe">Tesla Shares Slide In Pre-Market As Sales Of Elon Musk-Led Company&#8217;s Made-In-China EVs Drop In October</a></li>
</ul>
Photo courtesy: GM

GM Crosses 300K EV Deliveries In US Since 2016, But It's Still Over 40% Lower Than Tesla's Sales In The First 9 Months Of 2024

New battery electric vehicle (BEV) registrations in California rose 1% year-on-year to 293,109 units this year as of the end of September, according to data from the California New Car Dealers Association (CNCDA).
What Happened: As per the data, BEVs accounted for 22.2% of new vehicle registrations in California in the nine months, higher than the national BEV market share of 7.9%. 
In fact, California accounted for 32.1% of U.S. BEV registrations as of the end of September this year. 
Tesla Tops The Chart: Tesla Inc&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) new vehicle registrations in the nine months, however, <a href="https://www.benzinga.com/news/24/04/38516918/california-love-fadin-for-tesla-ev-giants-registrations-plummet-as-rivian-mercedes-and-bmw-gain-grou">fell 12.6% </a>as compared to the corresponding period last year to 159,619 units. 
Tesla, however, continues to be the best-selling EV brand in the state, seconded by Hyundai which had 16,433 registrations in the period. 
Rival Player Performance: While General Motors&#8216; brand Chevrolet witnessed BEV registrations fall nearly 42% in the nine months through the end of September, its sister brand Cadillac saw registrations go up by a whopping 315%. 
Michigan-based Ford witnessed a 17% rise in EV registrations and <a href="https://www.benzinga.com/news/24/08/40219148/california-governor-gavin-newsom-slams-elon-musks-tesla-applauds-rivian-after-in-state-zero-emission">Califonia-based Rivian </a>a modest 35% rise to 9,049 units.
Best-Selling EVs: The Model Y was the best-selling EV in the state in the time frame, followed by the Model 3. Tesla&#8217;s Model X SUV and the Cybertruck also feature in the list of top ten best-selling EVs in the state, together with rival models such as the Ford Mustang Mach-E, Hyundai Ioniq 5, and BMW i4.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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Photo: Shutterstock

Tesla Remains California's Top EV Choice Even As Registrations Drop: Cybertruck Among 10 Best-Selling EVs In Golden State

Financial giants have made a conspicuous bullish move on General Motors. Our analysis of options history for General Motors (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>) revealed 8 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $103,759, and 6 were calls, valued at $442,030.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $40.0 to $52.5 for General Motors over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for General Motors's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of General Motors's whale activity within a strike price range from $40.0 to $52.5 in the last 30 days. 
<h3>General Motors Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730321134_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GM</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$12.3</td>
<td>$12.05</td>
<td>$12.3</td>
<td>$40.00</td>
<td>$123.0K</td>
<td>10.4K</td>
<td>100</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$10.65</td>
<td>$10.55</td>
<td>$10.55</td>
<td>$45.00</td>
<td>$99.1K</td>
<td>8.1K</td>
<td>98</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$10.65</td>
<td>$10.55</td>
<td>$10.55</td>
<td>$45.00</td>
<td>$69.6K</td>
<td>8.1K</td>
<td>164</td>
</tr>
<tr>
<td>GM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/08/24</td>
<td>$0.56</td>
<td>$0.56</td>
<td>$0.56</td>
<td>$51.00</td>
<td>$66.4K</td>
<td>792</td>
<td>1.3K</td>
</tr>
<tr>
<td>GM</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$5.7</td>
<td>$5.6</td>
<td>$5.7</td>
<td>$52.50</td>
<td>$63.2K</td>
<td>2.9K</td>
<td>112</td>
</tr>
</tbody>
</table>

<h3>About General Motors</h3>
General Motors Co. emerged from the bankruptcy of General Motors Corp. (old GM) in July 2009. GM has eight brands and operates under four segments: GM North America, GM International, Cruise, and GM Financial. The United States now has four brands instead of eight under old GM. The company regained its us market share leader crown in 2022, after losing it to Toyota due to the chip shortage in 2021. 2023's share was 16.5%. GM's Cruise autonomous vehicle arm has previously done driverless geofenced AV robotaxi services in San Francisco and other cities but stopped in late 2023 after an accident. It restarted service in 2024 but not in California. GM owns over 80% of Cruise. GM Financial became the company's captive finance arm in October 2010 via the purchase of AmeriCredit.
<h3>General Motors's Current Market Status</h3>
<ul>
<li>With a volume of 8,151,027, the price of GM is up 0.83% at $51.97. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 90 days.</li>
</ul>
<h3>Professional Analyst Ratings for General Motors</h3>
In the last month, 5 experts released ratings on this stock with an average target price of $58.2.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from RBC Capital downgraded its action to Outperform with a price target of $54. 
&#x2A; Maintaining their stance, an analyst from Bernstein continues to hold a Market Perform rating for General Motors, targeting a price of $55. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on General Motors, which currently sits at a price target of $62. 
&#x2A; Maintaining their stance, an analyst from RBC Capital continues to hold a Outperform rating for General Motors, targeting a price of $65. 
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $55.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for General Motors, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

This Is What Whales Are Betting On General Motors

Lithium Americas Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LAC#NYSE">LAC</a>) shares are trading higher Tuesday after the company announced the closing of a $2.26 billion loan from the U.S. Department of Energy&#8217;s (DOE) Loan Programs Office under the Advanced Technology Vehicles Manufacturing Loan Program. Here&#8217;s <a href="https://www.benzinga.com/markets/equities/24/10/41360023/lithium-americas-shares-surge-as-gm-commits-625m-to-thacker-pass-project">what you need to know.</a>
What To Know: The DOE loan will fund the construction of processing facilities at the Thacker Pass Project in Humboldt County, Nevada. The loan will have fixed interest rates based on U.S. Treasury rates and will provide financial support for Phase 1 of Thacker Pass. Thacker Pass is expected to initially produce 40,000 tonnes of battery-grade lithium carbonate per year.
The loan will work in conjunction with an investment agreement announced on Oct.16 with General Motors Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>), under which GM will acquire a 38% stake in Thacker Pass through a joint venture. The company&#8217;s total investment includes $430 million in cash funding for construction and a $195 million letter of credit facility to support reserve requirements under the DOE loan.
Lithium Americas CEO Jonathan Evans stated that the DOE loan "de-risks project financing" for Thacker Pass. He emphasized that the company aims to secure a domestic lithium supply chain, reducing dependence on foreign sources.
&#8220;We&#8217;re pleased to have the Department of Energy&#8217;s support to advance Thacker Pass to production and significantly improve domestic output of critical lithium supply to meet the growing domestic need,&#8221; Evans said.
Thacker Pass is currently the largest known lithium resource in North America. Phase 1 production is scheduled to begin in 2027, with full capacity targeted at 80,000 tonnes annually across two phases. Lithium Americas noted that lithium produced at Thacker Pass could supply lithium needs for up to 800,000 electric vehicles annually.
LAC Price Action: Lithium Americas shares were up 7.61% at $4.46 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569"><img loading="lazy" decoding="async" width="1024" height="527" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29144349/LAC-1024x527.png" alt="" class="wp-image-620196" style="width:416px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29144349/LAC-1024x527.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29144349/LAC-300x155.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29144349/LAC-768x396.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/10/29144349/LAC.png 1165w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image Via Shutterstock.

Lithium Americas Stock Is On The Rise Tuesday: What's Going On?

WIIM

Shares of auto stocks are trading lower. Weakness may be in possible sympathy with Ford, which fell after reporting Q3 earnings and issuing guidance.

The U.S. cruise industry is riding high as shares of Royal Caribbean Cruises Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RCL#NYSE">RCL</a>), Norwegian Cruise Line Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NCLH#NYSE">NCLH</a>), and Carnival Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCL#NYSE">CCL</a>) rank among the S&amp;P 500&#8217;s <a href="https://www.benzinga.com/topic/cruise-lines">top 15 performers in October.</a>
As Royal Caribbean and Norwegian prepare to report earnings this week, investors are watching closely to see if strong booking trends and earnings beats can <a href="https://www.benzinga.com/insights/earnings/24/10/41577932/earnings-outlook-for-royal-caribbean-gr">sustain the sector's momentum.</a>
<h3 class="wp-block-heading">Strong October Performance For Cruise Stocks</h3>
Cruise line stocks have surged this month, benefitting from upward earnings revisions and renewed optimism around travel demand. Royal Caribbean and Norwegian shares have risen 14.5% and 16.3% month-to-date, respectively, while Carnival is up 18.6%. 
Royal Caribbean is scheduled to report its third-quarter earnings on Oct. 29 before the market opens, while Norwegian will release its results on Oct. 31, also ahead of the market open.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Name</td>
<td>Price Chg. % (MTD)</td>
</tr>
<tr>
<td>United Airlines Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>)</td>
<td>34.48%</td>
</tr>
<tr>
<td>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>)</td>
<td>21.04%</td>
</tr>
<tr>
<td>Palantir Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NASDAQ">PLTR</a>)</td>
<td>20.95%</td>
</tr>
<tr>
<td>Lamb Weston Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LW#NYSE">LW</a>)</td>
<td>20.04%</td>
</tr>
<tr>
<td>Carnival Corporation &amp; plc</td>
<td>18.59%</td>
</tr>
<tr>
<td>General Motors Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GM#NYSE">GM</a>)</td>
<td>17.85%</td>
</tr>
<tr>
<td>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)</td>
<td>16.41%</td>
</tr>
<tr>
<td>Norwegian Cruise Line Holdings Ltd</td>
<td>16.31%</td>
</tr>
<tr>
<td>Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>)</td>
<td>15.97%</td>
</tr>
<tr>
<td>Snap-on Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SNA#NYSE">SNA</a>)</td>
<td>15.10%</td>
</tr>
<tr>
<td>The Williams Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WMB#NYSE">WMB</a>)</td>
<td>14.54%</td>
</tr>
<tr>
<td>Royal Caribbean Cruises Ltd.</td>
<td>14.53%</td>
</tr>
<tr>
<td>Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>)</td>
<td>14.25%</td>
</tr>
<tr>
<td>Super Micro Computer, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMCI#NASDAQ">SMCI</a>)</td>
<td>13.92%</td>
</tr>
<tr>
<td>GE Vernova Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GEV#NYSE">GEV</a>)</td>
<td>13.75%</td>
</tr>
</tbody>
</table>
</figure>
Read Also: <a href="https://www.benzinga.com/news/24/10/41583892/why-carnival-stock-hit-a-new-52-week-high-today">Why Carnival Stock Hit A New 52-Week High Today</a>
<h3 class="wp-block-heading">Wall Street Expectations: Solid Growth Forecasted</h3>
Wall Street Analysts are forecasting substantial growth for both Royal Caribbean and Norwegian Cruise Line during the third quarter of 2024. 
Royal Caribbean is expected to report adjusted earnings per share (EPS) of $5.03 on revenue of $4.11 billion. If met, this would represent a 31% increase in EPS and 18% revenue growth from the same quarter of 2023, as per <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent102824&amp;t=be2bearmibe3na1">Benzinga Pro</a> data.
Norwegian Cruise Line is projected to report adjusted EPS of 94 cents and revenue of $2.77 billion. Meeting these estimates would imply a 24% EPS growth and 9% revenue increase year-over-year.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td></td>
<td>Earnings date</td>
<td>Adj. EPS</td>
<td>GAAP Revenue</td>
</tr>
<tr>
<td>Royal Caribbean Cruises Ltd.</td>
<td>Oct. 29, BMO</td>
<td>5.03</td>
<td>$4.11 billion </td>
</tr>
<tr>
<td>Norwegian Cruise Line Holdings Ltd. </td>
<td>Oct. 31, BMO</td>
<td>0.94</td>
<td>$2.77 billion</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Data: Benzinga Pro</figcaption></figure>
<h3 class="wp-block-heading">Bank Of America Expects A Double Beat, But Caution Is Needed</h3>
&#8220;Carnival was very constructive on booking trends when the company reported in September, and we expect Royal Caribbean and Norwegian to echo this commentary into 2025,&#8221; Bank of America analyst Andrew Didora wrote in a note published Monday.
Didora raised his 12-month price target for Royal Caribbean from $172 to $205 and for Norwegian from $23 to $25, citing "continued healthy yield trends and steady macro trends." 
However, he maintains a &#8220;Neutral&#8221; rating on both stocks, suggesting that while there's momentum, valuations are reaching stretched levels.
Royal Caribbean is currently trading at nearly 12x its projected 2025 EBITDA, a level last seen in 2017. Norwegian trades at around 9.5x its 2025 EBITDA, in line with its historical average.
The expert also explained that while the cruise sector has had strong tailwinds in 2024, some minor headwinds could impact near-term guidance. 
Hurricane Milton, which caused Royal Caribbean's Icon of the Seas sailing to be canceled, may slightly affect fourth-quarter revenues.
Norwegian, which only has about 8% of its Q4 capacity deployed in the Caribbean, is also expected to experience minimal disruption from the hurricane.
According to analysts, the effects of Hurricane Milton are unlikely to significantly alter the positive outlook for either company.
Speculation around potential share buybacks has added another layer of interest among investors. Royal Caribbean, in particular, may be considering a buyback as part of its capital allocation strategy. 
Bank of America has raised Royal Caribbean&#8217;s 2024 EPS estimate slightly from $11.52 to $11.58, stating that this &#8220;could pave the way for a buyback on this earnings call.&#8221;
Read now: 
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<li><a href="https://www.benzinga.com/general/politics/24/10/41584466/these-10-stocks-were-the-best-s-p-500-performers-in-2017-when-trump-was-president-will-history-r">These 10 Stocks Were The Best S&amp;P 500 Performers In 2017 When Trump Was President: Will History Repeat Itself?</a></li>
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Image via Unsplash

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