Today’s Pickup: Uber is looking to spinoff financial technology services
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.
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.
Elon Musk has stated that Tesla would be launching fully autonomous cars by the end of this year, and that he expects to see one million autonomous Tesla cars on the road by 2020.
D.C. to Baltimore in 15 minutes could help advance hyperloop technology for cargo.
Utilities aim to meet ambitious goals of reducing emissions across western U.S., but technology and financing remain big hurdles.
This year will see Volvo and Daimler put electric Class 8 trucks to test, as start-ups still have few commercially available models.
Hundreds of truck drivers across the Midwest volunteered their time to deliver hay bails to farmers affected by flooding in the MIdwest.
The hack pulls back the curtain on “bug bounty” hunters, security researchers who troubleshoot software systems for money.
Ohio raises diesel and gasoline taxes; YRC’s rank and file get their hands on a new collective bargaining agreement; Uber’s IPO approaches; warehouse automation growing rapidly; Vietnam’s logistics growing 14-16% CAGR.
“It’s an elegant, beautiful, simple solution for storing energy, so much better than batteries. You break down water; you put it back together.”
Tesla’s V3 Supercharging station discharges 250 kW; Italy’s olive-oil industry is facing an agrarian crisis; Americans are abandoning public transit; French port of Marseille-Fos has joined a blockchain pilot program.
FreightWaves Radio launched its second national show on Saturday, March 2 on SiriusXM’s Road Dog Channel 146.
The SEC says that Elon Musk violated his settlement agreement by issuing material, forward-looking statements about Tesla without having them pre-approved by an internal process.
Electric vehicle startup Rivian announced a $700 million funding round led by Amazon (NASDAQ: AMZN) today, February 15. The investment comes after the Michigan-based company unveiled its all-electric R1T pickup and R1S SUV last fall.
An intersection in New Jersey has been deemed the worst for truck bottlenecks, plus Nikola Motor may be adding a purely electric truck; GM and Tesla are working together, and FedEx Express signs on to a new cargo terminal.
Tesla’s acquisition Maxwell Technologies could have an impact on Maxwell’s fleet business, which counts more than 7,000 trucks using its products.
New York City’s shared mobility transit for city officials; electric cars have trouble running during extreme cold; Amazon is hauling cargo in self-driving trucks.