P.M. Edition for August 3: Apple has become the first publicly-traded U.S. company to reach one trillion dollars in market value. The Wall Street Journal's Tripp Mickle says the sustained success of the iPhone has propelled Apple's rise.
Following the first fatality in a crash involving the Tesla Model S, the government continues to investigate the the car's autopilot feature. How much damage could this mean for Tesla's reputation and valuation? The Wall Street Journal's Mike Spector has more.