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Many Tesla Short Sellers Are Giving Up

Tesla Inc. is inflicting more pain on short sellers, and many of them are giving up.

October 4, 2021

Cooper Tire Announces Fuel-Efficient Tire for Longhaul Fleets

Cooper Tire’s Roadmaster brand unveiled a new tire for commercial longhaul fleets designed to balance fuel efficiency with long miles, the company announced Oct. 4.

October 4, 2021

Biden Signs Short-Term Highway Extension

Funding authority for the country’s highway networks remains active as a result of President Joe Biden signing an extension of a law central to federal surface transportation policies.

October 4, 2021

GM’s Future EVs Get Range Boost With Wolfspeed Deal

General Motors’ future electric vehicles will offer more range on a single charge and charge faster because of a new supplier agreement it announced with Wolfspeed Inc.

October 4, 2021

NHTSA Rejects 2019 Petition to Probe Tesla Battery Software

The National Highway Traffic Safety Administration rejected a 2019 petition to open a formal investigation into Tesla Inc.’s battery management software, according to documents posted to the agency’s website.

October 4, 2021

Roger Nielsen Joins SafeAI Board

SafeAI Inc., which is helping off-road industries including mining and construction move toward autonomy, announced that former Daimler Trucks North America CEO Roger Nielsen has joined its board of directors.

October 4, 2021

GM-Backed Cruise Sees Autonomous Unit Growing Past $50 Billion

Cruise, the autonomous vehicle startup majority-owned by General Motors Co., will tell investors this week that it sees a path for its ride-hailing business to reach $50 billion in revenue as the company ramps up over the next couple of years, people familiar with the matter said. GM’s shares jumped.

October 4, 2021

Leasing Firm Avolon Cuts Deal to Convert Airbus A330s for Cargo

Jet-leasing firm Avolon Holdings Ltd. will work with Israel Aerospace Industries Ltd. to convert 30 Airbus SE wide-bodies for use as freighters, targeting an area in which demand has soared during the coronavirus pandemic.

October 4, 2021

Rivian Details $1 Billion Loss, Amazon Deal in IPO Filing

Rivian Automotive Inc., the maker of electric pickups backed by Amazon .com Inc., disclosed a net loss of almost $1 billion in the first half of the year in its initial public offering paperwork.

October 1, 2021