Transportation

Musk says Tesla’s factories in Berlin and Texas are ‘gigantic money furnaces’
World

Musk says Tesla’s factories in Berlin and Texas are ‘gigantic money furnaces’

“The past two years have been an absolutely nightmare of supply chain disruptions, one thing after another, and we are not out of it yet,” Tesla CEO Elon Musk said. Patrick T. Fallon | Reuters Tesla’s newest car factories in Texas and Berlin are losing “billions of dollars right now” as supply chain disruptions hamper […]

Read More
World’s largest hybrid ship set to ferry passengers between Britain and France
Business

World’s largest hybrid ship set to ferry passengers between Britain and France

An artist’s impression of the Saint-Malo at sea. According to Brittany Ferries will have a battery capacity of 11.5 megawatt hours. Brittany Ferries A ship set to carry passengers between the U.K. and France in the next few years will be the largest hybrid-vessel ever built, according to operator Brittany Ferries. In a statement Tuesday, […]

Read More
American Airlines to stop flying to four small cities, citing pilot shortage
Travel

American Airlines to stop flying to four small cities, citing pilot shortage

American Airlines Embraer ERJ-145 regional jet aircraft as seen on final approach landing at New York JFK international airport in NY, on February 13, 2020. Nicolas Economou | Nurphoto | Getty Images American Airlines plans to drop service to four U.S. cities in September, including Dubuque, Iowa, which will lose scheduled commercial air service altogether. […]

Read More
Raw material costs for electric vehicles have doubled during the pandemic
Business

Raw material costs for electric vehicles have doubled during the pandemic

Workers inspect a Rivian R1T electric vehicle (EV) pickup truck on the assembly line at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Raw material costs for electric vehicles more than doubled during the coronavirus pandemic, according to a new report Wednesday […]

Read More
China’s electric vehicle battery supply chain shows signs of forced labor, report says
World

China’s electric vehicle battery supply chain shows signs of forced labor, report says

Hundreds of Uyghurs are working for a mining conglomerate that produces raw materials for electric vehicles as part of a so-called work transfer program in China, the New York Times reported. Shen Longquan | Visual China Group | Getty Images Chinese companies that produce raw materials for electric vehicle batteries show indications of using forced […]

Read More
SpaceX ramps up FCC battle over broadband usage the company says poses an existential threat to Starlink
Business

SpaceX ramps up FCC battle over broadband usage the company says poses an existential threat to Starlink

SpaceX CEO Elon Musk speaking about the Starlink project at MWC hybrid Keynote during the second day of Mobile World Congress on June 29, 2021 in Barcelona, Spain. Nurphoto | Nurphoto | Getty Images WASHINGTON – Elon Musk’s SpaceX on Tuesday ramped up a battle over broadband regulations with Dish Network and an affiliate of […]

Read More
Massive rail walkout kicks off in the UK with fears of a summer of strikes over pay
Business

Massive rail walkout kicks off in the UK with fears of a summer of strikes over pay

Forty thousand U.K. Network Rail staff and workers at 13 train operators have staged walkouts over pay in Britain’s biggest rail strike in 30 years. Jeff J Mitchell | Getty Images News | Getty Images LONDON — A days-long rail walkout that is causing severe travel disruption across Britain could be just the beginning of […]

Read More
Elon Musk says Tesla will lay off 3.5% of total workforce as ex-employees sue company
Technology

Elon Musk says Tesla will lay off 3.5% of total workforce as ex-employees sue company

Tesla CEO Elon Musk. Patrick Pleul | AFP | Getty Images Elon Musk has sought to clarify how many Tesla workers will lose their jobs, following the launch of a lawsuit by former employees who claim the automaker breached U.S. labor laws. Speaking at an event hosted by Bloomberg Tuesday, Musk said Tesla would reduce […]

Read More
UK union says rail strikes will go ahead after talks fail
World

UK union says rail strikes will go ahead after talks fail

Britain is bracing for severe travel disruptions as the strike coincides with the peak summer holiday period. Anadolu Agency | Getty Images Britain’s RMT Union said on Monday that it would go ahead with planned railway strikes after talks with train operators failed to resolve a dispute over pay, jobs and conditions. Talking about the […]

Read More
Emirates boss says travel demand unlikely to dissipate despite airport chaos
Business

Emirates boss says travel demand unlikely to dissipate despite airport chaos

Emirates has said it doesn’t see travel demand dissipating any time soon, even as the industry battles a string of challenges that have already sparked airport chaos ahead of the busy summer holiday season. Tim Clark, president of the Dubai-based carrier and an airline veteran, said that he had “never seen anything” like the headwinds […]

Read More