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...The group estimated the rule would cost airlines $33bn over 10 years....
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...This group of investors generally views Robotaxi (i.e. fully autonomous vehicles running on the Tesla network) as a very long-dated opportunity....
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...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
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...General Motors said the US carworkers’ strike was costing it approximately $200mn a week, an estimate that is set to rise after 5,000 members of the United Auto Workers union walked out of one of its largest...
...The United Auto Workers union and General Motors reached a tentative deal on Monday. It would end a six-week strike that also hit American car companies Ford and Stellantis....
...News of United’s discovery, which was first reported by the trade publication The Air Current, hit Boeing’s shares further....
...The United Auto Workers, the influential US union, is targeting Tesla as it aims to widen its base beyond the traditional Detroit carmakers of Ford, General Motors and Chrysler following its historic pay...
...The lull in EV sales is having a damaging impact on the auto industry....
...Analysts said the ongoing price war in China’s auto market could lead to a vicious cycle. “In the case of China, when the price is lower, people think, ‘wait a minute....
...[MUSIC PLAYING] (Protesters chanting) Negotiations between the United Auto Workers Union and Detroit automakers resumed over the weekend after thousands of workers walked off the job last Thursday at midnight...
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