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Tesla's lead in electric vehicle technologies has other automakers making desperate moves to catch up....
Motor carriers aren’t the only transportation entities dealing with “nuclear verdicts” in lawsuits resulting from truck crashes. Brokers and third-party logistics companies can get caught up in these lawsuits, as well. ...
Legal questions now loom after electric truck entrepreneur, Trevor Milton, stepped down Monday as executive chairman and board member of his newly public company Nikola....
GoodRx Holdings Inc. shares opened trading at $46 after its $1.14 billion IPO priced at $33 per share. The CEO Doug Hirsch joined Yahoo Finance's On The Move to discuss the IPO....
(Bloomberg) -- Tesla Inc.’s highly anticipated “Battery Day” fell short of expectations that helped fuel its $320 billion surge in market value this year, with Elon Musk outlining grandiose goals that will take time to pull off.The chief executive officer laid out a plan Tuesday to build a $25,000 car and cut battery costs in half over the next three years. Analysts said while the technology and manufacturing innovations outlined were impressive, Tesla’s valuation already reflected its ability to disrupt and investors may be let down by the lack of surprises at the much-hyped battery-showcase event.This seemed to be the case on Wednesday, as the company’s shares fell as much as 10% to $380. They were trading at $380.16 as of 2:48 p.m. in New York and are up about 360% for the year so far.“With the Battery Day in the rearview, we think there is a lack of upcoming catalysts...
Another 840,000 Americans are expected to have filed for first-time unemployment benefits last week, ticking down only slightly from the prior week to reaffirm a slowdown in the U.S. economic recovery....
According to the American Trucking Associations, COVID-19 has severely impacted the annualized turnover rate at large and small truckload carriers, which experienced double digit declines in the second quarter of 2020. ...
