S&P Global Ratings extended its bullish appraisal of electric vehicle maker Tesla (NASDAQL TSLA), upgrading the company’s debt rating from B+ to BB-. The raise puts the electric automaker just two notches from “investment grade” ratings. “The stable outlook reflects our view that Tesla’s competitive position remains solid and its credit metrics will stay in […]
Walmart Canada boosted its order of Tesla Semi trucks to 130 as it bets on Elon Musk’s electric heavy-duty vehicle to cut carbon emissions from fleet.
Tesla’s new 4680 battery is the automaker’s big breakthrough in the company’s quest to create a more affordable electric car, officials said.
Shares of electric truck maker Nikola Corp. sag 20% on the announcement its founder and executive chairman was stepping down, following the fallout from a short seller report questioning the company’s technology claims.
Short seller Hindenburg Research renewed its attack on Nikola after successfully beating down its shares. Nikola clams up as to whether the SEC is investigating.
Former General Motors Vice Chairman Steve Girsky, who led startup truck maker Nikola to its public debut in June, earlier suggested to GM that its battery and fuel cell technology could create value for both companies.
Is hydrogen or renewable natural gas the better path to powering emission-free battery-electric trucking? Hyliion is all-in on its RNG-fueled generator to make electricity. Nikola’s hydrogen-backing founder predicts its rival will fail if it sticks to fossil fuel.
Andrew and Kevin are again joined by Freight Intel Group member Seth Holm to present the case for Walmart doubling in size. Next, we discuss how big the hydrogen truck stock bubble is and debate which department stores are at the biggest risk of bankruptcy. As always, a special thanks to our friends at CarrierDirect […]
How to get a deal on “Shark Tank,” talking business with “The Real Wolf of Wall Street” and the latest from FreightWaves’ 3PL Summit. Catch this week’s top trending stories on the FreightCasts network!
In today’s edition of The Daily Dash, a driver’s training matters more than his or her age when it comes to safety performance; Navistar and TuSimple promise a self-driving truck by 2024, and Convoy opens the door to dedicated freight.
Andrew, Kevin and Seth discuss Walmart+, the forthcoming Palantir IPO and department store bankruptcies. Also, Andrew introduces a new segment in an ode to Dan Le Betard and his father, “Papi.” Thanks as always to my friends at CarrierDirect for their research contributions.
Tesla receives 20-year incentives deal from Travis County, Texas, for possible Cybertruck factory.
In today’s edition of The Daily Dash, 15 states push adoption of zero-emissions trucks, C.H. Robinson and Microsoft work to digitize the supply chain, and what did Nikola Tesla really know?
Electric truck makers Nikola and Tesla make news almost daily. A new biopic about inventor Nikola Tesla suggests he saw the world his namesakes are seeking to create.
The California Air Resources Board certifies Workhorse’s C-Series electric delivery vans as zero-emission vehicles, clearing the path to qualifying for state-funded customer incentives.
The Daily Dash is a quick look at what is happening today in the state of freight.
With a $46 million tax break from a Texas school district, Tesla is one step closer to building an electric vehicle manufacturing plant in Austin.
After dethroning Toyota as the world’s most valuable automaker on July 1, shares of electric car maker Tesla surpassed $1,500 on for the first time on Friday.
Nikola experienced a V-shaped recovery in its share price as storytelling in place of revenue drives enthusiasm and disdain for publicly traded electric truck startups.
Andrew and Kevin are joined by former Great Quarter, Guys host and Senior Research Analyst, Seth Holm. The original three change the pace a bit and expand their normal “long/short” segment into a full-length episode. Topics covered include whether Tesla can become the most valuable company in the world, whether Uber overpaid for Postmates and […]
