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Masayoshi Son
SoftBank’s Masayoshi Son piles debt on to Silicon Valley mansion
...Meanwhile, the founder of robot pizza maker Zume piloted one of its trucks up the hill to serve Son freshly heated pizzas, according to Bloomberg. SoftBank invested $375mn....
January 14, 2024
Rivian Automotive, Inc.
Electric-truck maker Rivian projects no production growth in 2024
...GM has delayed plans to build electric versions of its Chevrolet Silverado and GMC Sierra trucks....
February 21, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
LexUnited Parcel Service Inc
UPS’s results don’t offer canary in the coal mine hint for US economy Premium content
...That is on top of Amazon’s fleets of vans, long-haul trucks and planes. FedEx ended its partnership with Amazon in 2019. UPS has tried to wean itself off Amazon....
January 30, 2024
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...The surging valuation coincided with a boom in sales at Pilot’s truck stops, as companies raced to overcome supply chain disruptions they faced in the midst of the pandemic....
January 8, 2024
Tesla Inc
Tesla reveals Cybertruck pricing as it begins deliveries
...Musk initially unveiled the truck at a launch event in 2019 where the truck’s window was smashed by a steel ball while testing its supposedly unbreakable qualities....
November 30, 2023
Tesla Inc
Tesla’s article-to-Cybertruck delivery ratio currently stands at 219 to 1
...Year-to-date, that’s 218.62 stories per truck that might be delivered....
December 1, 2023
FT Live
Infrastructure Investment in Latin America and the Caribbean
Identifying opportunities for investors and asset managers
Wednesday, 12 June237 Park Avenue, New York, NY, USA
News in-depthTesla Inc
Tesla’s ‘gravity-defying’ powers at risk as EV market slows
...Riding high on seemingly insatiable demand in recent years, Tesla had instead poured funds into developing its class-8 Semi haulage truck but has only delivered about 100 of them so far, while it continues...
April 5, 2024
Tesla Inc
Tesla’s Cybertruck: hotly anticipated, long delayed, a ‘nightmare’ to make
...“Who is going to go to a country club and pull up in a truck in . . . San Francisco?”...
October 21, 2023
Electric vehicles
‘The early adopters have adopted’: US carmakers slow their EV growth plans
...Only one-third of US consumers say the next car or truck they buy is likely to be electric, according to a survey from Yahoo Finance/Ipsos....
October 28, 2023
Berkshire Hathaway Inc
Buffett admits Berkshire’s days of ‘eye-popping’ gains are over
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
February 24, 2024
Unhedged
Everyone calm down about CPI Premium content
...JB Hunt, which is a big old capital-intensive diesel-burning trucking company that owns its own trucks, earned 11 per cent (and that was its worst year in more than two decades; trucking is in a slump)....
February 14, 2024
FT Asset Management
Asset Management: Berkshire’s days of ‘eye-popping’ gains are over
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
February 26, 2024
LexBlue Apron Holdings Inc
Blue Apron: meal kit maker is chopped up, sold and reheated Premium content
...Wonder Group has already had to switch from its expensive plan to kit out trucks with kitchens into food delivery. Sending out prepared food is cheaper but demand is still lagging....
November 13, 2023
Moral Money
Sustainable investors confront political uncertainty Premium content
...That means fewer trucks and a smaller carbon footprint for retailers....
January 26, 2024
Rivian Automotive, Inc.
Rivian boosts EV production target as supply problems ease
...The US electric-vehicle maker Rivian said it will make 2,000 more trucks, vans and SUVs than originally planned this year, accelerating output after improvements along its production lines in the second...
August 8, 2023
FT Live
Global Insurance Summit
Strengthening resilience, capital and innovation as systemic risks evolve
Thursday, 13 JuneLondon, UK
Tech start-ups
Toyota home ground becomes base for drone and space start-ups
...A version of this article was first published by Nikkei Asia on February 7. ©2024 Nikkei Inc. All rights reserved....
February 13, 2024
Electric vehicles
Sales of electric vehicles in the US are accelerating
...It took nearly eight years to sell the first 1mn battery-powered cars, trucks and vans in the US, a milestone hit in 2018....
July 8, 2023
Tesla Inc
Tesla profits fall after price cuts and plant shutdowns
...But Musk’s comments added to worries that weaker demand and problems building the pick-up truck might slow the rebound in profitability many had forecast....
October 18, 2023
Electric vehicles
Shares in EV makers Rivian and Tesla surge after strong volume data
...Rivian said last month it would build trucks and vans that use Tesla’s North American Charging Standard for connectors starting in 2025....
July 3, 2023
Unhedged
The loan with the 545% interest rate Premium content
...Yellow is not reorganising but rather selling off its terminals, trucks and trailers. The gross proceeds collected may far exceed $2bn....
August 29, 2023
Moral Money
Electric vehicle uptake faces major obstacles, despite rosy projections Premium content
...Across town, the electric-truck maker has opened a high-end showroom in New York’s Meatpacking District. The storefront is a 10-minute walk from Lucid Motors’ showroom in the same trendy hamlet....
September 15, 2023
News in-depthNikkei Asia
Cambodia vexes Vietnam with plan to divert Mekong trade via China-built canal
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
March 21, 2024
Electric vehicles
Rivian stands by production outlook amid EV start-up jitters
...Last week Lordstown Motors warned that it may go bankrupt and stop manufacturing its flagship pick-up truck, the Endurance....
May 9, 2023
OutlookPatti Waldmeir
Fans show Harley-Davidson has not quite run out of gas
...They have a funny way of showing it — but then so do most Americans, with our pick-up trucks, our SUVs and our low gas mileage....
July 24, 2023
Berkshire Hathaway Inc
Berkshire Hathaway’s cash pile nears all-time high at $147bn
...Berkshire’s truck stop operator Pilot, which it took a controlling interest in this year, sold less fuel than a year earlier — when many companies still faced supply chain issues — and at lower prices, hitting...
August 5, 2023

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