iPhone Duo Launch Says a Lot About Tesla's Robotaxi Struggles

Apple Inc. just launched its long-anticipated foldable iPhone. It made a big deal of it, livestreaming an event at its headquarters hosted by brand new Chief Executive Officer John Ternus. That makes sense:  “The stakes for Apple are high,” as my colleague Dave Lee put it. This is, after all, the single biggest change ever made to the design of a device that transformed Apple into one of the most valuable companies in the world, and still accounts for about half its sales.