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Tesla’s Board Takes Heat Over CEO Succession Planning

Tesla Inc.’s board of directors is facing mounting pressure to prove just how prepared they are for the potential loss of Elon Musk, the erratic CEO largely behind the breakneck rise and dramatic fall in the company’s valuation.

January 5, 2023

Auto Sales Fell 8% in 2022 Amid Supply Chain Struggles

Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.

January 5, 2023

Torc Announces Collaboration With Foretellix

ºÚÁϳԹÏÍø, an independent subsidiary of Daimler Truck AG, announced a multiyear strategic collaboration with Foretellix, a provider of verification and validation solutions for automated driving systems, intended to reduce development costs and accelerate time-to-market.

January 4, 2023

Secretaries Granholm, Buttigieg to Headline 2023 TRB Conference

Biden administration Cabinet secretaries Pete Buttigieg and Jennifer Granholm are headlining this year’s annual meeting of the Transportation Research Board.

January 4, 2023

China’s CATL Extends Lead as World’s Top EV Battery Maker

Contemporary Amperex Technology Co. Ltd.’s share of the electric vehicle battery market continues to grow, as the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022.

January 4, 2023

Drivewyze Partners With Bestpass to Better Align Tolling, Bypass Services

Drivewyze and Bestpass Inc. have joined forces so fleets can better leverage their toll management and weigh station bypass services, the companies announced Jan. 4.

January 4, 2023

Reduce the Noise: How to Solve Fleet Data Overload

Trucking companies today are inundated with fleet data. The constant juggling of system logins, dashboards, and alerts is not only overwhelming, but it’s inefficient and generates higher operating costs.

January 26, 2023

Tesla Breaks Own Sales Record, but Misses Estimate for 2022

Tesla said Jan. 2 that it sold a record 1.3 million vehicles last year, but the number fell short of CEO Elon Musk’s pledge to grow the company’s sales by 50% nearly every year.

January 3, 2023

Treasury Signals Opening for Foreign Carmakers on EV Subsidy

The U.S. Treasury Department signaled some imported cars will qualify for electric vehicle tax credits in the Inflation Reduction Act, a move that could assuage Asian and European allies’ concerns about the sweeping climate legislation.

December 29, 2022