Focus on Transport
Chipmaker Wolfspeed revenue below estimates as EV sales growth slows
Wolfspeed forecast current-quarter revenue below estimates as automakers grapple with high inventory levels due to slow EV sales growth
Analysis: Tesla’s restructuring hits executive bench hailed by Musk
Tesla executives once proved that the car company wasn't a one-man show – as some leave in quick succession, should investors be wary?
US State Dept says oil service firm SLB is not violating Russia sanctions
The U.S. and other western countries have sought to reduce Moscow's energy revenue through sanctions that prompted many service companies to leave Russia....
Tesla retreats from next-generation ‘gigacasting’ manufacturing process
Tesla's move away from ambitious plans for 'gigacasting' is another sign that the electric-vehicle maker is retrenching amid falling sales and rising competition.
EV maker Polestar to delay fourth-quarter results for a second time
Swedish electric-vehicle maker Polestar Automotive will delay the publication of its fourth-quarter and full-year 2023 financial results for a second time, a spokesperson...
U.S. sets out ethanol’s path to sustainable aviation fuel subsidies
Air travel so far accounts for about 2% of U.S. carbon pollution. President Joe Biden hopes that creating a subsidized market for lower-emissions...
Musk disbands Tesla Supercharger team, leaving customers in the dark
Analysis: Elon Musk's abrupt decision to lay off employees who ran Tesla's charging business blindsided automakers gearing up to equip new EVs for...
Graphite miners lobby US govt to impose levy on China-sourced EV material
North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced from China in order...
Biden signs new memo to boost security of US critical infrastructure
Concerns have been rising about the security of U.S. critical infrastructure like utilities, power plants, aviation, rail, mass transit, highway, maritime, pipeline, water...
