Tesla Inc. CEO Elon Musk caught many employees by surprise with his announcement last week that the electric-car maker would close most stores and shift to online-only sales, according to three people familiar with the matter.
March 5, 2019Search
Showing 10 of 10222 results
= Premium Content
Three experts from Transport Enterprise Leasing discuss strategies for buying and selling trucks amid regulatory shifts, trade tensions and economic uncertainty.
NACFE Report Covers Electric Vehicle Charging Infrastructure
Charging infrastructure has been identified as one of the largest unknowns and sources of anxiety for fleets considering near-term adoption of battery-electric vehicles, according to the North American Council for Freight Efficiency.
March 5, 2019Rep. Sam Graves: August Do-or-Die Month for Infrastructure Bill in 2019
From fuel tax increases to a vehicle-miles-traveled fee, Congress has several funding options to consider. Here's your Capitol Agenda look ahead for the week for trucking on Capitol Hill.
March 4, 2019Tesla’s Elon Musk Touts Model Y Event as Questions About Company Linger
Elon Musk said March 3 that Tesla will unveil its Model Y crossover in less than two weeks, as questions about store closures, employee layoffs and demand in the wake of waning U.S. federal tax credits threaten the company’s growth narrative.
March 4, 2019Dray Alliance Receives $3.5 Million Investment
Dray Alliance has received $3.5 million in investment financing from David Sacks’ Craft Ventures, according to a company news release.
March 4, 2019Lyft Reveals Big Growth but No Profits as It Readies for IPO
NEW YORK — Lyft revealed that it is growing quickly ahead of its initial public offering but continues to bleed money and may struggle to turn a profit, according to a federal filing.
March 4, 2019Allison Invests in New Testing Facility
Allison Transmission announced it is investing in a new vehicle testing facility to support testing for a wide range of propulsion systems, including conventional powertrains, alternative fuel, electric hybrid and fully-electric vehicles.
March 1, 2019FedEx Introduces Same-Day Delivery Robot
FedEx Corp. unveiled an autonomous delivery device designed to help retailers make same-day and last-mile deliveries to customers, showing off the robot on “The Tonight Show Starring Jimmy Fallon” on Feb. 26.
March 1, 2019Tesla Pushes Cheaper Cars, Will Move Sales Online and Close Most Stores
Tesla said Feb. 28 it will close “many” of its stores and shift to online-only sales after announcing that its long-awaited $35,000 Model 3 is available for purchase.
March 1, 2019How the Cobalt Market Fell Victim to Allure of Electric Cars
Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.
March 1, 2019