Automakers, airlines, ride-hailing, logistics, shipping, electric vehicles, and the transportation economy.
A new market snapshot from Yahoo Finance says transportation equities have trailed Delta Air Lines in the year to date period, with Union Pacific used as another reference point.
THE APEX TIMES
THE APEX TIMES
The Toyota Financial Services unit of Toyota opened additional office space on July 14, marking a step up in capacity at the Toyota North America campus.
THE APEX TIMES
The humanoid-focused startup Virtuix says it has secured Tesla as the first enterprise customer for its Omni One platform, pointing to increased industrial interest in bipedal robotics and related training tools.
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A sharp selloff followed Tesla’s latest results, with market commentary pointing to skepticism about how quickly and how much the company intends to spend.
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Speaking to Wall Street, Jim Farley said Ford is in discussions that could expand the company’s U.S. Defense footprint, while also pointing to new profit opportunities beyond its core auto business.
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An auction-broker analysis points to a growing volume of electric-vehicle wrecks showing up in salvage and clean-title channels, and suggests Tesla units are selling for more than broader-market averages in those markets.
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The stock lost roughly 21% over six days heading into Thursday trading, pushing Tesla shares below $300 for the first time in about a year, according to Yahoo Finance.
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In a recent interview clip highlighted by Yahoo Finance, Elon Musk tied a far-off prediction of upheaval to the idea that vast levels of deflation could eventually make wealth and prices largely irrelevant.
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Market commentary points to a business mix that can keep profitability improving even if Ford’s top line depends less on selling more vehicles.
