The Metris Cargo Van is a very maneuverable and fuel-efficient fleet vehicle that offers excellent low-end torque to haul 2,500-pound payload capacity. Its tight turning radius is ideal for navigating crowded metropolitan streets. ...
Electric truck manufacturer Einride will be partnering with Oatly, a Swedish oat drink company, to shift to a more sustainable fleet with all-electric vehicles. ...
Luckin Coffee Inc announced that the Nasdaq has sent a de-listing notice to the company after it missed to file its annual financial report, dragging down its share about 85% since April....
President Trump signed an executive order on Monday that temporarily suspends new employment-based visas. Yahoo Finance’s On The Move panel discusses. ...
(Bloomberg) -- Oil held at a three-month high as signs of improving demand buoyed a market momentarily roiled by confusion over U.S.-China trade.Futures earlier erased losses in New York after President Donald Trump said the deal with Beijing was “fully intact” following remarks from a trade adviser that were interpreted as an end to the agreement. Crude has been bolstered in recent days by a lifting of lockdown restrictions in some U.S. states.Oil has rebounded since plunging below zero in April and is now trading at levels last seen before Russia and Saudi Arabia engaged in a damaging, though short-lived, price war. Some of the world’s biggest traders have expressed optimism that demand is making a comeback, while OPEC+ laggards are reported to be falling in line with supply cuts.“If you look at projections of flattening the curve of crude inventories, the peak is now lower and it will come sooner...
Thanks to its control of 80% of the U.S. electric vehicle market, Tesla Inc (NASDAQ: TSLA) has the highest valuation in the auto industry.Rivals are never far off in the rearview mirror, a Tesla expert said this week. "For the company's valuation to advance higher it will need to hold off other automakers as they roll out new EVs over the next five years," Loup Ventures managing partner Gene Munster said in a Monday note.Munster's Latest Tesla Projections: Munster said he expects Tesla's domestic share to fall below 25% over the next decade, adding that it will fend off competition in the near-term."Based on the currently available EV models in the U.S. market, along with the models expected to be released next year, we believe Tesla will exit 2021 with a 70-80% market share," he wrote. "If we're correct, Tesla's economies of scale will strengthen, making it more difficult for traditional...
