Tesla Inc. reported second-quarter earnings that beat Wall Street estimates, reflecting the company’s progress in getting production back on track while tackling supply chain hurdles and COVID lockdowns at its factory in China.
July 21, 2022Search
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Justin Olsen, maintenance director at TCW, breaks down the hidden impact of poor trailer management on operations, compliance and safety.Â
Twitter-Musk Takeover Dispute Heading for an October Trial
Tesla CEO Elon Musk lost his fight to delay Twitter’s lawsuit against him as a Delaware judge on July 19 set an October trial, citing the “cloud of uncertainty†over the social media company after the billionaire backed out of a deal to buy it.
July 19, 2022Tesla’s Chinese Battery Maker Scopes Out Sites in Mexico
China’s Contemporary Amperex Technology Co. Ltd., the world’s biggest maker of batteries for electric vehicles, is considering at least two locations in Mexico for a manufacturing plant to potentially supply Tesla Inc. and Ford Motor Co.
July 18, 2022Cruise Faces Scrutiny After Snafus
General Motors Co.-backed self-driving startup Cruise is facing scrutiny from U.S. regulators and its own board of directors after a pair of on-road incidents raised questions about how ready the company is to expand its services.
July 15, 2022Alphabet’s Wing Develops Fleet of New Drone Prototypes
Alphabet Inc.’s Wing subsidiary has developed a fleet of new drone prototypes designed to more efficiently deliver packages ranging from small pill bottles to items weighing as much as 7 pounds.
July 14, 2022Tesla Autopilot Chief Karpathy to Depart
Andrej Karpathy, Tesla Inc.’s top artificial intelligence executive and the director of its Autopilot self-driving system, is planning to depart the automaker.
July 13, 2022June Class 8 Sales Highest of the Year
U.S. Class 8 retail sales in June were the highest of the year and improved 12.7% compared with the previous June, Wards Intelligence reported.
July 13, 2022Tesla Stock Teeters as Elon Musk Girds for Another Legal Battle
Tesla bulls rejoiced when Elon Musk sought to terminate his agreement to buy Twitter. That initial relief has given way to realization the hangover from this ordeal won’t lift anytime soon.
July 13, 2022Twitter Sues to Force Musk to Consummate $44 Billion Buyout
Twitter Inc. sued billionaire Tesla CEO Elon Musk over his abandoned $44 billion takeover bid, asking a judge to force him to follow through on his offer.
July 12, 2022Walmart Orders 4,500 Canoo Electric Vans
Canoo Inc. shares doubled in value after the struggling electric vehicle startup won an order for 4,500 vans from Walmart Inc.
July 12, 2022