We would be hard pressed to find a more colorful and controversial company than Tesla, making it as high as number 3 on our Freight.Tech list.
Drayage to be test bed as OTR market remains out of EV reach.
Tesla’s best quarter ever is a huge deal: a rich mix of high end Model 3s and lower capex helped. We still don’t think TSLA shares are rationally priced.
The credit rating agency says that well-capitalized, risk-sharing joint ventures between incumbent automakers have the best chance of successfully bringing AV products to market safely and at scale.
The SEC announced that they have settled their lawsuit with the embattled Tesla CEO. Regardless of the outcome, shareholders win.
Livestock businesses are looking to secure farms from future hurricane calamities; Elon Musk is accused of fraud by the SEC; global trade expected to grow irrespective of the tariffs war.
It’s happening: the SEC has charged Elon Musk with issuing materially false and misleading statements intended to manipulate the price of Tesla stock.
The challengers have the enormous advantages of brand identity and manufacturing infrastructure.
The North Carolina Department of Transportation says not to travel in or to the state; Walmart grabs a 200K square foot foothold in NYC; the IMF says British economy will contract if no deal on Brexit; Freightos raises $45M; global seaborne coal trade grows 4%; Tesla’s having a hard time delivering cars.
Recreational drug use and a new wave of executive departures sent Tesla equity and debt tumbling. Meanwhile, a class action lawsuit filed by short sellers alleges that Musk artificially manipulated Tesla stock by issuing false and misleading information.
Transpacific container rates continue to gain momentum; UPS files blockchain patent applications; Uber is uncertain about self-driving cars; Elon Musk doubles-down on ‘no sleep’; cautious optimism for US-China trade talks lifts equities markets; container lines expect profits in the back half of 2018.
Musk’s Twitter habit has gotten him into serious trouble—he’s either manipulating TSLA stock on false information or given up all his leverage in a Saudi buyout negotiation.
Elon Musk said that Saudi Arabia wants to buy Tesla; The New York Times wakes up to the driver pay issue; Amazon touts its private label brands ahead of the holiday season; lidar maker Quanergy appears to be struggling; Chicago’s mysterious surge in turndowns.
Tesla’s auto production in Fremont and high container volumes out of Oakland are driving demand for trucks in the San Francisco market
Tesla’s auto production in Fremont and high container volumes out of Oakland are driving demand for trucks in the San Francisco market
There are strategic reasons for the Saudi Arabian Public Investment Fund to consider a Tesla acquisition: the Saudis have the least diversified economy of any OPEC member and are perfectly positioned to supply solar power to Europe and the Indian subcontinent.
Cyberattacks increase with technology inclusion in supply chains; Tesla doubles loss this Q2; China is pumping billions into OBOR strategy; Aramco drops IPO as fuel prices rise.
Procter & Gamble prices to increase; The end of Uber’s self-driving truck program; Unilever takes a hit from Brazil truck strike; Gap innovates distribution following a 2016 warehouse fire, and more in Today’s Pickup.
The success of electric vehicles lies in the cost efficiency and scalability of its batteries. The supply of lithium and cobalt over the next decade would end up defining the extent of that success.
The summer slump continues; Steve Eisman explains why he’s shorting Tesla; Walmart discovers that last mile delivery is hard; once-exported U.S. cherries find domestic customers; oil trade routes are threatened by geopolitical risk.
