- Time to Repeal the Rule That Aided Uber’s IPO Flop – Washington Post: It’s clear now that Uber Technologies Inc.’s initial public offering will be left with a less than five-star review. The stock remains below its IPO price, and …
- Essential California: When the Lyft you drive is also your home – Latimes: Good morning, and welcome to the Essential California newsletter. It’s Tuesday, May 21, and I’m writing from Los Angeles. Los Angeles Times …
- Self-driving trucks begin mail delivery test for U.S. Postal Service – Reuters: The U.S. Postal Service on Tuesday started a two-week test transporting mail across three Southwestern states using self-driving trucks, a step forward in the effort to commercialize autonomous vehicle technology for hauling freight.
- Post Office to test autonomous semi trucks for hauling mail across state lines – CNBC:
- Tesla stock worth just $10 in worst case: Morgan Stanley – Reuters: Further falls in Tesla Inc’s share price increase its chances of being sold in the years ahead, Morgan Stanley analysts said on Tuesday, as they slashed their …
- Taxi Industry Leaders Got Rich. Drivers Paid the Price. – New York Times: The internet-based ride-hailing companies may have hastened the crisis, but virtually all of the hundreds of industry veterans interviewed for the …
Tuesday Morning Auto News, May 21, 2019
May 21, 2019 By
Monday Morning Auto News, May 20, 2019
May 20, 2019 By
- Jaguar Land Rover posts first profit in four quarters amid China woes – Automotive News: Jaguar Land Rover reported its first profit in four quarters to raise optimism that the struggling UK automaker is on the mend. Net income …
- California Inc.: China accelerates plans for self-driving cars – Latimes: The Chinese government set next year as the target date for large-scale adoption of early-stage autonomous vehicles, and it wants 10% of all new …
- Nissan’s credit rating hit by negative outlook – Automotive News: S&P Global Ratings placed the automaker”s rating on negative watch after it issued a weaker earnings outlook and said there is a more than one-in-three chance of a further delay in Nissan”s profit recovery.
- Tesla shares fall after analyst says Elon Musk distracting carmaker with ‘sci-fi projects’ – CNBC: Wedbush cut its price target on Tesla shares to $230 from $275 on Monday.
- Jaguar Posts First Profit in Four Quarters Despite China Woes – Bloomberg: Jaguar Land Rover Automotive Plc reported its first profit in four quarters, overcoming a continued sales slump in China and raising optimism that Britain’s …
