Automakers, airlines, ride-hailing, logistics, shipping, electric vehicles, and the transportation economy.
Tesla stock rose sharply following market chatter about a potential China carveout connected to a rumored SpaceX merger scenario, with retail investors speculating about a buyout at much higher prices.
THE APEX TIMES
THE APEX TIMES
A Wall Street Journal report says Elon Musk is considering selling or spinning off Tesla’s China business, a move framed as a way to reduce complications as he explores a potential SpaceX-related combination. Tesla has not confirmed the plan.
THE APEX TIMES
A binding agreement signed July 27 makes Toyota an equal owner of cellcentric, a European fuel-cell-focused venture founded by the two truck groups.
THE APEX TIMES
Executives have been told to plan for a potential structural split of Tesla’s China operations, according to the Wall Street Journal, amid discussion of a possible merger with SpaceX.
THE APEX TIMES
Toyota Motor Corporation said it will establish two newly formed Business Reform (BR) organizations that report directly to company leadership, effective August 1, following this year’s labor-management discussions.
THE APEX TIMES
Rivian told investors the R2 electric SUV is exceeding the company’s internal expectations and that customer deliveries have begun, with production scaling planned through year-end.
THE APEX TIMES
A proposed class action alleges Uber Eats customers were charged an extra fee for “priority” delivery but did not receive the direct service promised.
THE APEX TIMES
UPS told investors and analysts that year-over-year freight flows on the China-to-U.S. trade lane have returned to growth, pointing to improving air-freight momentum even as it finishes a previously announced reduction in Amazon-related volume.
THE APEX TIMES
The auto-maker has struggled to draw fresh optimism from some Wall Street analysts for much of the past year, but Jefferies has changed its rating, citing Ford’s recent performance.
