Automakers, airlines, ride-hailing, logistics, shipping, electric vehicles, and the transportation economy.
Morgan Stanley and Barclays lifted their second-quarter delivery estimates above 413,000 units, while the U.S. safety regulator’s decision to drop a steering-related probe reduced an overhang for Tesla’s Model S and Model X.
THE APEX TIMES
THE APEX TIMES
A broad risk-on tone lifted U.S. equities after a stretch of weakness, and a Supreme Court ruling affecting Federal Reserve-related efforts added to the day’s macro attention.
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A recent market report argues Tesla’s next phase in self-driving will face a broader set of competitors than investors have typically focused on, with Waymo no longer the only major reference point.
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Weaker demand in China and the Middle East reportedly offset stronger sales in Japan, extending Toyota’s run of declining global vehicle sales into a fourth month.
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General Motors is set to report second-quarter results next month. Analysts expect a double-digit rise in the bottom line, setting up a focused read on profitability and guidance.
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In a small, unusual off-schedule delivery, FedEx says its FedEx Cares program helped relocate a rescued harbor seal named Walnut, underscoring how the company frames logistics as community support beyond shipping.
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The airline says the citrus soda will return to most flights this summer, while Delta also refreshes complimentary snacks and adds partner-linked benefits tied to T-Mobile SkyMiles enrollment and Delta SkyMiles American Express Card offers.
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After a rough stretch for the stock, Tesla climbed in early trading, with commentary circulating around CEO Elon Musk and his long-running relationship with SpaceX, according to market coverage.
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Tesla rose more than 3% on Monday after a weak prior week, with investors looking ahead to the company’s second-quarter deliveries report this week.
