Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Monday’s key moments. Stocks mixed Crude higher PANW downgrade 1. Stocks mixed The major U.S. stock benchmarks were mixed Monday, as the tech-heavy Nasdaq Composite climbed 0.4% while the Dow Jones Industrial Average dropped 110 points, or 0.3%. The S & P 500 was trading at a nine-month high, as shares of Club holding Apple ( AAPL) soared to an all-time high ahead of the expected unveiling of its mixed-reality headset. The moves came as investors digested Friday’s rally, which saw all three indices finish roughly 2% higher for the week. Jim Cramer said Monday that investors should be patient with the market here. “After a big run, suddenly people start embracing a market. I don’t like that,” Jim said. “I like to go the other way, because it doesn’t really make a lot of sense to get in after the run.” 2. Crude higher Oil prices rose Monday after Saudi Arabia announced plans to voluntarily cut production by an additional 1 million barrels per day starting in July. Global oil benchmark Brent crude and West Texas Intermediate , the U.S. oil standard, both advanced roughly 1% Monday morning, to around $77 per barrel and $72.60 a barrel, respectively. However, Saudi Arabia’s decision to reduce output isn’t changing our outlook on sitting tight when it comes to the Club’s oil stocks. “I don’t think there’s any reason to just say, ‘Oh, now there’s a chance to buy’…I just don’t like that,” Jim said. 3. PANW downgrade We downgraded Palo Alto Networks (PANW) to a 2 rating Monday , meaning we would need to see a pullback in the stock before adding to our position. It doesn’t make sense to chase the stock when its climbing Monday on news that the cybersecurity firm will be added to the S & P 500, effective June 20. Shares of Palo Alto set a fresh intraday all-time high Monday, climbing more than 5% to trade around $228 apiece. The stock is up more than 61% year-to-date. We’ve said for months that PANW would pop once officially added to the stock index, and built our position ahead of that catalyst. At this point, we think moving to the sidelines with a 2 rating is prudent. (Jim Cramer’s Charitable Trust is long AAPL, PXD, PANW. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust’s portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.
In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss the new Tesla Model Y launching in NA/EU, Rivian getting popular with OEMs, Trump’s effect on EVs, and more.
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Closing out this week’s Green Deals is Tenways’ Valentine’s Day sale, which is taking up to $500 off its e-bikes with an additional $200 in savings taken off the order for two models together – and their getting up to $307 in free gear on top of it all. The standout for the sale is the brand’s CGO600 Pro e-bikes, with both the 8-speed chain drive and its belt drive counterpart at $1,499. Next, we have Autel’s MaxiCharger Home AC Elite 40A Level 2 EV Charger that’s been given an in-body holster down at $391, as well as a new low price on Hoverfly’s H3 16-inch Folding e-bike for $400. Running alongside Jackery’s direct sale that ends tonight, we spotted the Explorer 3000 Pro Solar Generator Combo with two 220W solar panels at $2,199 over at Amazon, among some smaller units too. Lastly, we wanted to shine a little spotlight on Lectric’s XP Trike that comes with $419 in free gear at $1,499. Plus, all the other hangover Green Deals are in the links at the bottom of the page, like yesterday’s EcoFlow Game Day Power sale launch, Rad Power’s two e-bike weekend flash sale lows, and more.
Tenways’ latest sale that is taking up $500 off its e-bike lineup has a bonus Valentine’s Day deal taking an additional $200 off the total price when buying any two e-bikes together. We’re seeing the popular CGO600 Pro e-bike with either an 8-speed chain or belt drive starting at $1,499 shipped when buying one, but when grabbing two for you and your Valentine the additional savings drop things to $1,399 shipped a piece. This e-bike normally fetches $1,899 at full price, with the initial $400 markdown dropping things to the second-lowest rate we have tracked. Taking advantage of the Valentine’s Day deal then cuts the price down to they’re lowest rates – plus, each bike comes with free mudguards and a kickstand worth $118. Medical providers, military, first responders, and teachers can also score a further $150 cut on orders.
The Tenways CGO600 Pro e-bike weighs in at just 37 pounds, making it a manageable model for urban residents and beyond who enjoy active cycling but also want the option for PAS support. There’s no throttle for pure electric riding here, with the bike also sporting a smaller 350W rear hub motor and 360Wh battery combination to cut down on weight. It still provides an impressive 53-mile max travel distance on a single charge through its four-pedal assistance levels (activated via a torque sensor) with a top speed of up to 20 MPH.
The CGO600 pro e-bike comes with two drivetrain options – either the Gates carbon belt drive for quieter operations or the new 8-speed Shimano drivetrain (which also gets the brand’s newest motor). Aside from those big differences, you’ll enjoy the same features elsewhere on the bikes, with internally routed cables for a streamlined look, LED lighting, puncture-proof tires, Tektro dual-piston hydraulic brakes, and a compact OLED display for controls.
***Note. These are the initial sale prices below. Remember that buying two e-bikes of any model (including two different models) cuts an additional $200 off your total order.
Autel’s MaxiCharger Home AC Elite 40A level 2 EV charger with an in-body holster at $391
Coming through its official Amazon storefront, Autel is offering a great new rate on its MaxiCharger Home AC Elite 40A Level 2 EV Charger with in-body holster for $391 shipped – and both options for either a NEMA 14-50 plug or a NEMA 6-50 plug are feeling the savings. Normally priced at $559, costs have kept above $439 with discounts since its release, which were first beaten by the short-term $363 Lightning deal that popped up at the end of December. Today’s deal is the second-lowest price we have tracked (and also a first-time appearance) and saves you $168 on a more affordable means to juice up your EV.
Outside of Tesla models (which I recommend the Universal Wall Charger for), the ENERGY STAR-certified Autel MaxiCharger Home AC Elite comes compatible with all J1227 EVs or hybrids, delivering “up to 7X faster than a Level 1 (120 Volt) regular outlet charger.” It dishes out power for your ride within a range of 6A all the way to 40A, helping you to find the level that fits your needs while avoiding costly electrical upgrades. It comes boasting remote smart controls through its app, with more efficient connectivity across Wi-Fi, Bluetooth, or Ethernet – plus, there’s an optional RFID card to start and stop it, preventing unauthorized use. Head below for more.
If you’re a Tesla driver who wants to invest in an Autel model but need an adapter, you’ll find the popular Rexing J1772 to Tesla EV Charger Adapter at Best Buy for $50 at the moment, down from $80. This device arrives rated for a maximum 80A input and a 240V output, allowing Tesla drivers to gain wider access to level 1 and 2 EV chargers by using home and portable setups.
Solving commute problems doesn’t break banks with Hoverfly’s H3 16-inch folding e-bike at a new $400 low
We just spotted Hoverfly’s H3 16-inch Folding e-bike dropping to $399.99 shipped for its black and white colorways over at Amazon, and folks looking for an affordable means to upgrade their commutes won’t want to miss it. This model normally goes for $500 at full price here, with a higher $560+ MSRP direct from the brand and elsewhere. We last covered it falling to its former $423 low during Christmas sales, which is getting beaten out here to crown a new low price, saving you $100 and equipping you with a great starter bike that won’t break the bank. It’s also beating out Hoverfly’s direct pricing where it currently is down at $425.
Great for newbie riders, or anyone looking for a inexpensive commuting solution regardless of experience (especially at this low of a rate), Hoverfly’s H3 e-bike gives you the means to travel up to 25 miles on a single charge when utilizing its PAS mode thanks to the removable 280.8Wh battery – plus, there’s also a traditional bike mode to get in some cardio and an electric mode. The 350W brushless hub motor provides top speeds up to 15.5 MPH, and it comes with a nice array of features like the adjustable handlebars and saddle to accommodate a wider range of rider heights, as well as front absorbers, an integrated rear cargo rack, a headlight and taillight, 16-inch wheels, and a foldable bike frame.
Grab Jackery’s Explorer 3000 Pro solar generator bundle with two 220W panels at $2,199
Jackery’s official Amazon storefront is offering its Explorer 3000 Pro Solar Generator Combo with two 220W solar panels at $2,199 shipped. Normally you’d be pressed for $3,999 with this bundle at full price, with discounts only going lower to $1,999 during Black Friday and Cyber Monday sales. You’ll be getting the second-best price we have seen here today, saving you $1,800 on one of the best solar generator packages that the brand offers – with it also matching Jackery’s direct pricing right now too.
One of the most comprehensive backup packages from under Jackery’s flag, the flagship Explorer 3000 Pro covers camping needs, at-home backup, and even RV support. The 3,024Wh capacity provides plenty of juice for devices and appliances, with power output up to 3,000W normally that surges to 6,000W through its 10 port options, including the TT30 RV port. Recharging its own battery takes just 2.4 hours when plugged into a wall outlet, or you can hook up its full 1,200W of solar input to hit 100% in three to four hours (time increased for the included 440W input here). If you want to be able to hook it directly to your home’s breaker to cover up to 6 circuits, check out its other bundle with the manual transfer switch included while it is $1,500 off.
Other notable Jackery Amazon discounts:
Enjoy leisurely cruises on Lectric’s XP e-Trike that comes with $419 in free add-on gear at $1,499
Among Lectric’s current New Year offerings, which saw many of its e-bike bundles shrink in size after the previous flash sale’s end, we’re seeing a continued $419 in free gear accompanying the brand’s XP Trike at $1,499 shipped. This bundle would normally run you $1,918, but as is the case with Lectric, the savings come in the form of the additional free gear over price cuts, which are rare. Your package with this model includes steel-encased front and rear cargo baskets, an upgraded wide saddle with a backrest, a suspension seat post, a bell, and an Elite 850 lux headlight.
Lectric’s XP e-Trike is great option for folks who enjoy leisurely cruises around the neighborhood, but would also like some added versatility to carry cargo along while on errands and the like. The 500W planetary geared brushless motor (peaking at 1,092Wh) joins the removable 48V 13Ah battery to top out at 14 MPH speeds for up to 50 miles with its five PAS levels activated. It features a default mode for less experienced riders, limiting the acceleration and speed until some comfort has been gained, helping teens and elderly individuals rather well.
There’s also an array of add-on features outside of the free gear, like hydraulic brakes, parking brakes, integrated rear lights, brake lights on both back-wheel fenders, slim tires for sharper turns, a foldable frame for easier storage options, an ergonomic twist throttle for electric-only riding, and a backlit LCD display with an IP65 water-and-dust-resistant rating.
Heybike Mars 2.0 Folding Fat-Tire e-bike with free gear: $999 (Reg. $1,499)
Best new Green Deals landing this week
The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.
As new models like the three-row EV9 and low-cost EV3 roll out, Kia’s EV sales are surging. Although it sold over 200,000 EVs last year, Kia expects to sell even more electric cars in 2025 as it builds a “full lineup of popular EVs.” Here’s what to expect this year.
After announcing Q4 2024 results on Friday, Kia said it expects to see even more growth in 2025 with new low-cost EVs launching.
Kia sold nearly 770,000 vehicles globally in the fourth quarter, up 5% from the year before. The biggest growth driver was eco-friendly cars, including electric and hybrid vehicles. Kia’s eco-friendly car sales rose 14.5% in Q4 to around 164,000.
Hybrid sales reached roughly 100,000 in the quarter, an increase of 31.7% from Q4 2023. The new Carnival Hybrid in the US and the K8 Hybrid in Korea led the way.
Kia’s electric and hybrid vehicles accounted for 21.5% of sales in the final three months of 2024, up from 19.9% in Q4 2023.
The company sold about 638,000 eco-friendly cars in total in 2024. This included 367,000 hybrids (+20% YOY), 71,000 plug-in hybrids (-19.5% YOY), and 201,000 EVs (+10.2% YOY).
Kia says new EVs will boost sales growth in 2025
Kia expects annual sales to grow another 4% in 2025 to 3.216 million units, up from 3.089 million last year. The confidence is due to higher expected sales in Europe and North America with new hybrids and EVs launching.
After launching the compact EV3 SUV last year, the first of its new low-cost electric car lineup, Kia will follow it up with the EV4. Kia confirmed it will launch the EV4 “sequentially around the world. The EV4 is Kia’s take on a mass-market electric sedan.
The EV3 and EV4 were concepts showcased next to its EV5 SUV during Kia’s first EV Day in October 2023. Kia said the new lower-cost models reaffirmed “its ambitious global strategy to lead and accelerate the EV revolution.”
Kia launched the EV5 in China in late 2023, starting at around $20,000. According to a report from Korea’s Newsis earlier this month, the EV5 is already making a massive impact in the world’s largest EV market.
Weda Kia, the company’s Chinese joint venture, sold over 248,000 vehicles last year, nearly 50% more than in 2023. Last year was the first time Kia crossed the 200,000 sales mark in China since 2020. Kia plans to launch the EV5 in Korea this year, followed by other overseas markets.
Kia’s EV3 starts at around $30,000 in Korea (KRW 42.08 million). In November, Kia launched the smaller electric SUV in Europe, starting at around $38,000 (36,000 euros) with up to 375 miles WLTP range.
The EV4 is expected to start at around $30,000 to $40,000, depending on the market. It will join the updated EV6, three-row EV9, smaller EV3 and EV5 SUVs to complete its “full lineup of popular EVs.” Ahead of its arrival, the EV4 was recently spotted testing in the US for the first time. A hatchback version was also caught out in public, likely aimed at European buyers.
Adding to the mix, Kia will launch its first electric van (Purpose-Built Vehicle) in 2025. The Kia PV5 is a mid-size electric people mover that will come in different setups: basic (for passengers), van (for deliveries), and chassis Cab (like a pickup truck bed). As Kia expands into commercial electric vans, it will be joined by the bigger PV9 and smaller PV1.
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