electric trucks

On Wednesday, Ford Motor (NYSE: F) outlined plans to further boost spending on its electrification efforts in an effort to outpace its rivals which includes giants like Tesla (NASDAQ: TSLA) and Apple (NASDAQ: AAPL), fueling its shares near a five-year high. Worksport Ltd (OTC: WKSP) provided an...

It sounds like a broken record, but the good earnings continue. This time, it’s Nvidia (NASDAQ: NVDA) and Best Buy (NYSE: BBY). Both companies’ results surpassed analysts’ average expectations, and BBY appeared to get some traction in pre-market trading. NVDA...

The long road of Q1 earnings season is finally winding down as the last companies to report line up ahead of Memorial Day.  It’s been an amazing run, with more than 85% of companies beating Wall Street analysts’ earnings estimates, according to Factset. Analysts expect even better...

Electric vehicle company Lordstown Motors Corp (NASDAQ: RIDE), which completed a SPAC deal in 2020, reported first-quarter financial results after market close Monday. What Happened: Lordstown Motors reported a net loss of $125 million in the quarter. The company had $587...

Late spring is often marked by the color green. Today it’s not just grass and trees greening up, but also those trading charts in the early going. And let’s not forget those big green tractors. Bellwether cyclical stock Deere & Co. (NYSE: DE), which is often considered a...

This week, we chase storm clouds gathering for electric pickup trucks not wearing a Ford blue oval, speculate on who a big customer at Plus might be and review how Daimler Truck is setting the stage for its independence. Storm Clouds For Electric Pickups Now that Ford Motor Co.(NYSE: F) has...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight Nikola executives playing the long game, TuSimple's watermelon deliveries and more. FreightWaves' free virtual event, LIVE @HOME, continues on Thursday; you can listen to pioneering...

The 46th President of the United States will travel to Michigan next week to visit Ford Motor Company's (NYSE: F) Dearborn facility. President Joe Biden will get a preview of the highly anticipated Ford F-150 Lightning all-electric pickup truck. What Happened: The White House has...

Tesla (NASDAQ: TSLA) CEO Elon Musk said constraints on battery production limit the company's ability to move forward on the long-delayed all electric Tesla Semi truck. "The main reason we have not accelerated new products —  for example, the Tesla Semi — is we simply don't have enough cells,"...

Lordstown Motors (NASDAQ: RIDE) CEO Steve Burns joined CNBC's Jim Cramer on Tuesday’s “Mad Money” to discuss his company and the electric pickup truck market. About Lordstown Motors: Cramer called Lordstown Motors a “great American story,” referring to...

Kenworth will launch its first-ever Class 8 battery-electric truck in the U.S. and Canada in 2021, joining other major truck makers producing zero-emission heavy-duty models. The volume of orders across the industry likely will be small as fleets measure the total cost of ownership against the...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said over the weekend that Microsoft Inc (NASDAQ: MSFT) co-founder Bill Gates is clueless about electric trucks. What Happened: Musk was responding to a Twitter user who asked him his opinion about a blog that Gates wrote late last month, where he stated that...

Microsoft Corporation (NASDAQ: MSFT) co-founder Bill Gates doubts if electric trucks would ever be a “practical solution” for heavy lifting over large distances. Big Heavy Batteries Are A Drag: Gates said in a blog post late last month that electrification isn't an option...

Electric truck sales in the United States are likely to increase exponentially by 2025 as new offerings from companies such as Tesla Inc (NASDAQ: TSLA) and Daimler AG (OTC: DDAIF) become available, according to a Wood Mackenzie report. What Happened: U.S. truck sales are expected to cross 54,000...

Nikola Corporation (NASDAQ: NKLA) reported its first-ever earnings as a public company with zero revenue and no physical product to showcase, CNBC's David Faber said on "Squawk on the Street." The post-earnings conference call was notable for CEO Mark Russell not being "...