Business, Equipment, Fuel

Tesla to Cut Output of EVs at Shanghai Factory

Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn’t meeting expectations. 

December 5, 2022
Government, Business, Equipment, Logistics

Airbus CEO Sees Energy Crisis Weighing on Production Next Spring

Airbus SE said production concerns have shifted from a shortage of jet engines to smaller suppliers struggling to cope with spiraling energy costs, with the squeeze expected to become most acute next spring.

November 14, 2022
Government, Business, Safety

Nicole Lashes Florida With Rain, Leaves Thousands Without Power

Nicole, now a tropical storm, is lashing central Florida with heavy rain and powerful wind, leaving a trail of blackouts and floods.

November 10, 2022
Business, Logistics

Platinum Considers $1 Billion Canadian Logistics Firm Sale

U.S. private equity firm Platinum Equity is considering a sale of logistics firm Livingston International amid growing investor appetite in the sector, according to people familiar with the matter.

September 1, 2022
Business, Technology, Fuel, Autonomous

Tesla’s Musk Signals Optimism on End to ‘Supply Chain Hell’

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, 2022
Business

Record Homes Under Construction Raise Hope of Inventory Boost

U.S. housing starts may have fallen to more than a one-year low in May, but a historic pipeline of homes under construction is seen easing an inventory crunch as those projects come to fruition.

June 16, 2022
Business, Technology, Fuel, Autonomous

Tesla Delays Semi and Cybertruck on Supply Woes

Tesla Inc. pushed back introductions of new models to next year, wagering the best way to continue expanding sales in the face of supply chain challenges will be to further leverage a narrow lineup of big sellers.

January 26, 2022
Logistics

EU Plan Will Classify Food Delivery Workers as Employees

As many as 4.1 million people working through food delivery and ride-hailing apps could be reclassified as employees under a forthcoming European Union plan meant to improve gig workers’ labor rights.

December 3, 2021
Government, Business, Technology, Fuel, Autonomous

Elon Musk’s Tesla Share Sales Pass $10 Billion

Elon Musk’s offloading of Tesla Inc. shares surpassed the $10 billion mark as he sold stock in the electric car maker for the fourth consecutive week.

December 3, 2021
Business, Technology, Fuel

Rivian’s Trading Debut Pushes Value to Almost $88 Billion

Rivian Automotive Inc. ended its first day as a public company valued at almost $88 billion, more than tripling its last private valuation after investors piled into 2021’s biggest initial public offering.

November 10, 2021