In a recent auto awards function in Germany, Elon Musk outlined Tesla’s plans of setting up its fourth Gigafactory in Berlin.
General Motors Co. confirmed the sale of its shuttered Lordstown Assembly complex in northeast Ohio to startup Lordstown Motors Corp., which plans to build a battery-powered electric pickup truck focused on fleet customers.
India gains $755 million in U.S. exports in H1 2019; OPEC braces for drastic drop in oil demand; Tesla is charging ahead in the electric car space.
DOT safety group seeks comment on replacing rearview mirrors with cameras.
Electric vehicle firm boosts battery capabilities with the purchase of Toronto-area company specializing in high-volume manufacturing.
Deepscale’s focus on computer vision to give cars “sight” is different from light detection and ranging (LIDAR).
Amazon’s EV order a shot at Tesla; India advances national logistics policy.
Tesla takes a page from Amazon in new logistics strategy for delivering vehicles. Union group uses customer as leverage to bash XPO
Federal agency finds company’s “Autopilot” technology played a role in 2018 accident.
Convoy says a study of its data shows that carriers in its network are safer than industry averages and have fewer cargo claims than the average carrier.
Plus: Automakers, flouting President Trump, agree to California emissions standards.
On this LIVE backhaul edition of What the Truck?!?, market expert Kevin Hill hosts with Dooner as they break down earnings, e-commerce and all the latest headlines, including news about Tesla, Boeing, UPS, and the carrier and freight market. Want to watch the show? Subscribe to FreightWaves YouTube, Facebook or Twitter channel and tune in […]
Despite falling short, the electric automaker reaffirmed its full-year delivery guidance, saying it still expects to deliver 360,000 to 400,000 vehicles in 2019.
Plus: UK zero waste grocer raises $500K; Seattle cuts back on Lime and Jump; Oregon opens hemp innovation center
Zeljko Popovic, a leader within Tesla’s Autopilot team, is leaving for Embark, the autonomous trucking start-up in San Francisco, CNBC is reporting. The departure is a feather in the cap for Embark but another spot of bad news for Tesla, which has garnered mixed reports from Wall Street for missing some of its targets over […]
Uber is venturing into the financial services market for its drivers; oil prices jump after tankers come under attack; Saudi’s Aramco all set to publish its H1 ’19 earnings.
Tesla (NASDAQ: TSLA) is simply not investing enough cash back into its business in the form of capital expenditures to construct the production lines and build out the service infrastructure necessary for the large-scale manufacturing of commercial vehicles. The Palo Alto-based automaker has a history of over-promising and under-delivering on new vehicle deliveries, production schedules, […]
China has developed a new lithium mining process that is significantly cost effective; Lyft and Uber shares slide in the stock market; Amazon encourages employees to quit and start their delivery services.
Tesla to raise $2 billion for increasing cash flow; Amazon has launched in Arabic in the Middle East; oil prices to remain high through the year.
Tesla (NASDAQ: TSLA) badly missed analysts’ earnings estimates for the first quarter of 2019. The company reported an adjusted loss per share of $2.90, much worse than analysts’ estimated loss per share of $0.69.
