CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out” and put Tesla’s Semi into volume production.
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TT's Seth Clevenger and Mike Senatore unpack the trends, surprises and shake-ups that define this year's Top 100 for-hire carriers..
Infrastructure Stakeholders Press Senators for Testing, PPE Priority
A coalition that includes freight stakeholders and myriad transportation interests is calling on senators to advance legislation that would prioritize testing for critical infrastructure workers amid the COVID-19 pandemic.
June 9, 2020CHBC Names Bill Zobel Executive Director
The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director.
June 9, 2020Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out
Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.
June 9, 2020Tesla Hails Air-Quality Effects of Shutdowns Elon Musk Called ‘Fascist’
Tesla Inc. said the drop in pollution during coronavirus-related shutdowns could embolden governments that already have been making plans to eventually ban vehicles that run on fossil fuels.
June 8, 2020Nikola Stock Surges 104% on Third Day of Trading
Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.
June 8, 2020Daimler Truck Coordinates Fuel Cell Activities With New Company
Daimler Truck AG has established Daimler Truck Fuel Cell GmbH & Co., the organizational and legal framework intended to bring together all of the group’s fuel cell activities.
June 8, 2020Daimler Marks Milestone as Sprinter Turns 25
Daimler AG celebrated a 25-year milestone for its Mercedes-Benz Sprinter model, which began production in 1995, and whose roots go back 40 years to the company’s initial array of small cargo vehicles in various shapes.
June 5, 2020McLeod, Vector Partner to Expedite Fleet, Billing Operations
Vector and McLeod Software have formed a partnership to accelerate fleet and billing operations for truck drivers and back office teams.
June 5, 2020GM to Build All-Electric Work Van; Production Set for Late 2021
General Motors Co. will build another all-electric vehicle at its Detroit-Hamtramck plant as it sticks to its goal for an all-electric future.
June 4, 2020