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Ford to sell 8M Rivian shares after $3.1B net loss

Teslarati

The lockup period refers to when early investors cannot sell their shares after a company’s IPO. The EV manufacturer also stated that the ongoing Russian invasion of Ukraine has impacted its business and operations. The increasing costs of raw materials, logistics, and other components have increased vehicle prices. .

Ford 90
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Baua Electric

A surge in the cost of jet fuel after Russia invaded Ukraine also hurt profits. In addition to increased supply-chain issues, Mr. Handshoe said, new labor agreements grant pilots, flight attendants, mechanics and other workers big raises. Many airline executives are now assessing how the F.A.A. It is possible that the F.A.A.’s

Alaska 52
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Nickel expert calls on Musk, Farley, others to demand Nickel sourcing in North America

Teslarati

Musk pledged a massive contract to any company that could supply nickel to Tesla , as long as it was sourced efficiently and sustainably. Musk eventually landed a nickel supply deal with Minnesota-based Talon Metals in January. Tesla CEO Elon Musk first discussed nickel mining during an Earnings Call in mid-2020.

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We Need More Than Just Electric Vehicles

Cars That Think

The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. The life cycle to which we refer has two parts: The vehicle cycle begins with mining the raw materials, refining them, turning them into components, and assembling them. EVs have finally come of age.