Latest News Updates From Peter Vercoe

Business, Technology, Logistics

Software Logistics Giant WiseTech Buys E2open for $2.1B

Australian shipping software company WiseTech Global made its biggest ever acquisition, agreeing to buy E2open Parent Holdings in a deal that values the U.S. firm at $2.1 billion.

May 27, 2025
Business, Technology, Equipment, Autonomous

Tesla Cuts Model 3, Y Prices in US

Tesla Inc. cut prices on its top-selling models in the U.S. again, days after its third-quarter deliveries missed estimates.

October 6, 2023
Business, Technology

Musk Says Tesla Will Begin Shipping Semis Later This Year

Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.

August 10, 2022
Government, Business, Technology, Equipment, Safety, Autonomous

Tesla Increases Prices Up to $6,000 Across Lineup

Tesla Inc. has increased prices across its lineup by as much as $6,000, Electrek reported, as global automakers grapple with surging costs for raw materials, particularly battery components.

June 16, 2022
Business, Technology

EV Maker Polestar Raises $550 Million From New Investors

Polestar, the electric carmaker controlled by Volvo Car AB and its owner Zhejiang Geely Holding Group Co., has raised $550 million from new investors to help fund its growth.

April 15, 2021