Tesla Pauses Hiring, Musk Says Need to Cut Staff by 10%
Electric carmaker Tesla Inc. needs to cut staff by around 10%, CEO Elon Musk said, noting he had a “super bad feeling” about the economy, according to an internal email seen by Reuters.
June 3, 2022Walmart to Add Four E-Commerce Warehouses to Speed Deliveries
Walmart Inc. announced plans to build what it said would be a “high-tech” fulfillment center in Joliet, Ill., which is 45 miles southwest of Chicago.
June 3, 2022Futurist Outlines What Could Be Ahead for Driver Recruiting
NASHVILLE, Tenn. — Futurist Nikolas Badminton explored June 2 how the trucking industry could change in the years ahead and what that means when it comes to driver recruitment.
June 2, 2022Ford Plans to Add 6,200 Jobs in Ohio, Michigan, Missouri
DETROIT — Ford will add 6,200 factory jobs in Michigan, Missouri and Ohio as it prepares to build more electric vehicles and roll out two redesigned combustion-engine models.
June 2, 2022Paccar Predicts Truck Market Stronger for Longer
Truck maker Paccar Inc. sees the traditional peak-to-peak cycle in the U.S. truck market smoothing amid the industry’s already strong orders backlog that has fleets still waiting to gain slots for 2023 to replace aging trucks that they have to run longer than usual.
June 2, 2022Daimler Truck Says Chip Crunch Easing
Daimler Truck Holding AG sees promising signs of moving past the prolonged chip shortage that has beset manufacturers globally, the head of the company’s Mercedes truck brand said.
June 2, 2022Transportation Agencies Face Challenges Spending More for Safety
With billions of dollars in new congressional funding available for transportation regulatory agencies to spend on safety initiatives, several high-level federal officials said leaders must take a hard look at how that money is being spent, and whether there are opportunities to take new approaches to improve highway safety.
June 2, 2022Jeep to Stop Selling ICE-Only Models in Europe by Year-End
Jeep will stop selling vehicles powered only by internal combustion engines in major European countries by the end of the year, Christian Meunier, the brand’s CEO, said June 1.
June 1, 2022Elon Musk’s Boring Co. Pitched Texas on Tunnels for Cars, People, Water
Before the end of Year One of the COVID-19 pandemic, Elon Musk did something a lot of other people were doing at the same time: He moved. Once in Texas, several of his business ventures followed, including Boring Co., a startup seeking to create underground transportation systems.
June 1, 2022Metal Prices May Set Back Race for Cheaper EVs
A surge in battery metal prices means it could take several years longer for electric vehicles to become as affordable as conventional cars, according to BloombergNEF.
June 1, 2022