Musk’s Go-Private Tweets About Tesla Were Reckless, Judge Found
“No reasonable jury could find that Mr. Musk did not act recklessly.” That’s the upshot of a federal judge’s review of Tesla Inc. CEO Elon Musk’s 2018 tweets about taking the company private, as revealed in an order that was made public May 10.
May 10, 2022Survey Cites Fleets’ Growing Acceptance of Alt Fuels, Sustainable Tech
LONG BEACH, Calif. — Overall use of clean fuels and advanced vehicle technologies is rapidly progressing, according to a recent survey of 250 public, private and municipal fleets. But industry experts added that many thorny issues remain.
May 10, 2022Gas Prices Hit Record With Driving Season Looming
Retail gasoline and diesel prices rallied to a record just ahead of the nation’s summer driving season, a challenge for President Joe Biden and the Federal Reserve as they face the fastest inflation in decades.
May 10, 2022DTNA Unveils Production-Ready eCascadia at ACT Expo
LONG BEACH, Calif. — Freightliner Trucks, a division of Daimler Truck North America, has unveiled its production-ready eCascadia Class 8 electric truck, built on the best-selling heavy-duty truck platform in North America.
May 10, 2022How Anglo American Developed the World’s Biggest Hydrogen-Fueled Truck
Four years ago, Anglo American Plc couldn’t find any industry partners to support its idea of replacing open-pit mining’s monster diesel trucks with climate-friendly, green hydrogen-fueled vehicles.
May 10, 2022HMM to Continue Deploying More Ships as Port Congestion Persists
HMM Co., the biggest container-shipping line in South Korea, will continue deploying more vessels than usual to try to meet demand from the country’s exporters struggling to transport goods overseas.
May 10, 2022Diesel Rises 11.4¢, Sets New Record at $5.623 a Gallon
The national average price of diesel posted its second double-digit increase in as many weeks, rising 11.4 cents to $5.623 a gallon and a new all-time high, according to Energy Information Administration data released May 9.
May 9, 2022At More Than $4.30 a Gallon, Gasoline Nears Its March Record
Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.
May 9, 2022Lordstown Motors Again Postpones Deadline for Foxconn Plant Deal
Electric truck startup Lordstown Motors Corp.’s shares sank as much as 19% after it pushed back a deadline to complete the sale of its Ohio assembly plant to Foxconn.
May 9, 2022Industry Leaders Raise Concern About Proposed EPA NOx Rule
The Environmental Protection Agency is proposing its first new rules governing heavy-truck nitrogen oxide emissions in two decades, but engine manufacturers say the proposals would be difficult to meet and counterproductive because they could slow the move to cleaner technology.
May 9, 2022