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...Instacart, a grocery delivery start-up, carried out an IPO in part to create liquidity for employees who had been granted RSUs....
...Among big US carriers, it appears to be the least affected by Boeing’s production and delivery issues. The Atlanta-based airline does not operate any Boeing 737 Max jets....
...In a spreadsheet where he had meticulously logged every contact with Uber customer service, Samii had recorded 14 emails and 126 minutes on the phone....
...Boeing has reduced production rates after a door panel blew out from a 737 Max during an Alaska Airlines flight in January....
...But a gap between production and delivery numbers suggests issues with demand. Musk’s polarising personality may put some customers off....
...Before Tuesday’s after-hours share price rise, Tesla stock had plunged more than 40 per cent since the start of the year after warning of slowing vehicle deliveries, eroding profit margins, a potential move...
...and deliveries substantially in the years to come and further its lead in autonomous driving”....
...The 171 Max 9 jets grounded after the Alaska incident are expected to return to service soon....
...We forecast 50 deliveries in FY23 followed by 30,000 units in FY24 and 78,000 units in FY25. Our ATP assumption starts at $90k and falls to $84k by 2025....
...As the cheap capital that once subsidised delivery services disappears, something has to give, and the pressure is falling on employees....
...“We are taking action on a comprehensive plan to bring these aeroplanes safely back to service and to improve our quality and delivery performance.”...
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...The same applies to many fast passes, priority delivery slots and rights to speed....
...I would have to say we have seen a marked improvement in the quality of aircraft deliveries,” he said....
...By most metrics, 2023 was a year to forget for the largest package delivery company in the US....
...While Tesla had planned to start deliveries in 2021, engineering and production challenges linked to its unconventional design delayed the process....
...Cook also visited Vietnam and Indonesia over the past week for talks on possible expansion of production....
...TSMC, for example, which has no background in memory chip production, works closely on Nvidia’s AI chips with HBM market leader SK Hynix, which has no background in logic chip production....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...Spirit depends on Boeing to be at the top of its production and delivery game. This has not been the case when it comes to the 737 Max and 787 Dreamliner programmes....
...UPS announced it would cut 12,000 jobs in an effort to save $1bn just months after agreeing a costly pay deal with its Teamsters union and as weak demand for its delivery services underpinned a soft annual...
...Now the company has resumed one of those projects: increasing in-house manufacturing to shorten delivery times....
...The figure was 27 per cent up on the same period the previous year, although deliveries fell back more than 31,000 from the second quarter of 2023....
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
...The capital return announcement coincided with a wave of planned strikes by delivery workers in North America and the UK on Wednesday, as couriers for services including Uber, Just Eat Takeaway, Deliveroo...
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