Elon Musk and thousands of Tesla Inc.’s die-hard fans and customers are in an uproar about NHTSA’s new pick as its senior safety adviser.
October 21, 2021Search
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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..
Ford’s Maverick Hybrid Pickup Truck Nearly Sold Out for 2022 Model Year
Ford Motor Co.’s new Maverick tiny truck is nearly sold out for the 2022 model year in its standard setup with a gas-electric hybrid propulsion system.
October 21, 2021Tesla Hits Record Profit Despite Parts Shortage
DETROIT — Record electric vehicle sales last summer amid a shortage of computer chips and other materials propelled Tesla Inc. to the biggest quarterly net earnings in its history.
October 20, 2021Seemingly an Odd Couple, Tesla and Texas Becoming Tightly Intertwined
It seems like an unlikely marriage: Tesla, the world’s biggest electric automaker, moving its headquarters to Texas — where the oil and gas industry is etched in the state’s DNA and where, unless something changes, Tesla isn’t even allowed to sell its vehicles directly to customers.
October 20, 2021Baker Hughes Joins Halliburton in Ida-Fueled Oil Services Hit
Another disappointment to jolt the oil services sector: Baker Hughes Co. reported a third-quarter earnings stumble that included pain from Hurricane Ida and a warning of hampered growth for oil demand.
October 20, 2021Diesel Spikes 8.5¢ to $3.671 a Gallon
The national average price of diesel continued to surge, spiking 8.5 cents to $3.671 a gallon, according to Energy Information Administration data released Oct. 18.
October 18, 2021Tesla Shares Are Roaring Back
Tesla Inc. shares are staging a comeback as investors expect the Elon Musk-led electric carmaker to navigate the crippling semiconductor shortage better than rivals that have been severely disrupted.
October 18, 2021Foxconn Announces Electric Car Venture
TAIPEI, Taiwan — The Taiwanese company that manufactures smartphones for Apple Inc. and other global brands announced plans Oct. 18 to produce electric cars for auto brands under a similar contract model.
October 18, 2021Ford to Make Electric Power Units in England
LONDON — Ford Motor Co. plans to spend up to $315 million to turn a transmission factory in northwest England into a plant that will make electric power units for cars and trucks sold throughout Europe.
October 18, 2021Toyota to Build $1.29 Billion US Battery Plant
DETROIT — Toyota plans to build a $1.29 billion factory in the U.S. to manufacture batteries for gas-electric hybrid and fully electric vehicles.
October 18, 2021