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All-electric semi truck achieves first-of-its-kind feat: 'Progress is 100% being made'

All-electric semi truck achieves first-of-its-kind feat: 'Progress is 100% being made'

Yahoo21-02-2025
The new year brings new ideas and innovations. With the rise of electric vehicles into the mainstream automotive industry, progress in features, convenience, and affordability have been prioritized. Industry giant Tesla continues this focus with enhancements to the company's Tesla Semi.
According to Teslarati, the Tesla Class 8 all-electric semi truck was spotted being tested with twin tandem trailers in Nevada, apparently for the first time. As twin tandem trailers usually pertain to two containers being pulled by a single truck, the transportation of various goods is made more efficient.
Tesla Semi First - Two Tesla semi's pulling tandem trailers. I see lots of Tesla semi's around Giga Nevada but this is a first. Tesla is now testing tandem trailer configuration. Triples are legal in Nevada. Probably won't be long until we see them testing them. pic.twitter.com/Nnmh2VaVKQ
— Zanegler (@HinrichsZane) January 5, 2025
As Tesla Semi advocate Zane Hinrichs (@Zanegler) noted on X, previously known as Twitter, the Tesla Class 8 twin trailers tests signal the opportunity to test triple trailers in the near future.
"Tesla is now testing tandem trailer configuration. Triples are legal in Nevada. Probably won't be long until we see them testing them," wrote Hinrichs.
The Tesla EV has demonstrated exciting capabilities in recent years. The company says it can travel up to 500 miles on a single charge and has an energy consumption of 2 kilowatt-hours per mile.
Despite first deliveries dating back to 2022, the EV is manufactured in limited quantities. But a dedicated Tesla Semi factory is expected to complete construction in 2025, anticipating the mass production of up to 50,000 Tesla Semi vehicles annually.
Tesla Semis have been making waves in the shipping and logistics industries, offering a cleaner and more efficient alternative to the traditional diesel-powered trucks. As the Tesla Semi has the ability to travel up to 500 miles on a single charge, it makes it a viable option for long-distance hauls.
In addition, this trucking EV is good for haulage company wallets. According to the company, it is two times cheaper per mile to refuel compared to diesel trucks, which greatly reduces the operating costs for businesses.
As EVs provide savings when it comes to maintenance and better air quality, the expansion of these models becomes a greater reality each and every day.
If you were going to purchase an EV, which of these factors would be most important to you?
Cost
Battery range
Power and speed
The way it looks
Click your choice to see results and speak your mind.
"This is what's needed to make an impact in the Australian market," wrote one Teslarati reader.
"GREAT TO SEE - progress is 100% being made," wrote another.
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Stock market today: Dow, S&P 500, Nasdaq futures trade mixed as Wall Street weighs Google, Tesla earnings
Stock market today: Dow, S&P 500, Nasdaq futures trade mixed as Wall Street weighs Google, Tesla earnings

Yahoo

time8 minutes ago

  • Yahoo

Stock market today: Dow, S&P 500, Nasdaq futures trade mixed as Wall Street weighs Google, Tesla earnings

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The AI trade hasn't changed for Big Tech — and that's working for them Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Alphabet (GOOG, GOOGL) and Tesla (TSLA) kicked off Big Tech earnings on Wednesday afternoon, and Yahoo Finance's Hamza Shaban recaps what investors learned in today's Morning Brief: Read more here. Good morning. Here's what's happening today. Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Economic data: Initial jobless claims (week ending July 19) Chicago Fed national activity index (June); S&P Global US manufacturing PMI (July preliminary); S&P Global US services PMI (July preliminary); S&P global US composite PMI (July preliminary); New home sales (June) Earnings: American Airlines (AAL), Blackstone (BX), Deckers (DECK), Dow (DOW), Honeywell (HON), Intel (INTC), Keurig Dr Pepper (KDP), Nasdaq (NDAQ), Nokia (NOK), Southwest Airlines (LUV), Union Pacific (UNP) Here are some of the biggest stories you may have missed overnight and early this morning: Trump signals baseline hike in 'reciprocal' tariffs to 15% The AI trade hasn't changed for Big Tech — and that's working for them Trump to visit Fed HQ for refurb check as he battles with Powell Keurig Dr Pepper beats estimates but coffee inflation lurks Google beats on earnings, doubles down on AI spending spree Tesla stock sinks after earnings miss, 'rough' patch warning Chipotle plunges after company reports 2nd straight sales decline Goldman's trading desk touts cheap hedges against S&P 500 slide Meme stock rally has investors feeling 'invulnerable' Meme stock rally has investors feeling 'invulnerable' Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. Retail investors with an appetite for risk are piling into speculative trades and creating a new roster of meme-stocks, helping power a broader rally in markets, Yahoo Finance's Jake Conley reports: Read more here. STMicro stock falls by most in a year after surprise loss STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. STMicroelectronics (STM) delivered a double whammy in its earnings on Thursday: A surprise Q2 loss from restructuring charges and a disappointing outlook for Q3. US-listed stock in the European chipmaker slid over 10% in premarket trading, while its shares in Paris ( fell to their lowest in a year at one point, down 13%. Bloomberg reports: Read more here. Trending tickers: Chipotle Mexican Grill, T-mobile and Wolfspeed Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. Here are some top stocks trending on Yahoo Finance in premarket trading: Chipotle Mexican Grill (CMG) stock fell 10% before the bell on Thursday after reporting another quarter of negative sales growth. The fast-casual restaurant chain posted results on Wednesday as it navigates an uncertain consumer environment and as its new leadership deals with the most challenging backdrop in years. T-mobile (TMUS) stock rose 5% premarket on Thursday after beating analyst estimates on Wednesday. The telecom group's CEO Mike Sievert told Yahoo Finance's executive editor Brian Sozzi that the company's steady value messaging is helping it to gain market share. Wolfspeed (WOLF) shares rose 18% before the bell. The chipmaker's stock reacted positively this week to the new US-Japan trade deal and has been up 13% over the last five days. The US-Japan trade deal boosts optimism for Wolfspeed as it supports Renesas' EV chip production, raising hopes for more deals with automakers like Jaguar Land Rover. American Eagle stock soars after-hours in latest meme push Stock in retail giant American Eagle Outfitters, Inc. (AEO) flew up over 25% in after-hours trades overnight Thursday. The individual share price went from $10.82 at close to a peak of $13.80 as of 10:57 p.m. EDT. The jump in value can be attributed to the current meme stock phase that has pushed up value in companies such as Opendoor (OPEN), Krispy Kreme (DNUT), Kohl's (KSS), and GoPro (GPRO) over the past few days. Much of meme-stock mania can be attributed to retail investors making moves in stocks with 'undervalued fundamentals', and the rallying of groups around individual personalities. With this in mind, the release of an ad campaign starring actress Sydney Sweeney has been leapt upon by members of online communities on Reddit and X. Though seen in other companies receiving the benefits of online attention, with Opendoor receiving a 140% increase in retail revenue in the past two weeks, it is unclear whether the increase in stock value will see a corresponding increase in revenue for American Eagle. Stock in retail giant American Eagle Outfitters, Inc. (AEO) flew up over 25% in after-hours trades overnight Thursday. The individual share price went from $10.82 at close to a peak of $13.80 as of 10:57 p.m. EDT. The jump in value can be attributed to the current meme stock phase that has pushed up value in companies such as Opendoor (OPEN), Krispy Kreme (DNUT), Kohl's (KSS), and GoPro (GPRO) over the past few days. Much of meme-stock mania can be attributed to retail investors making moves in stocks with 'undervalued fundamentals', and the rallying of groups around individual personalities. With this in mind, the release of an ad campaign starring actress Sydney Sweeney has been leapt upon by members of online communities on Reddit and X. Though seen in other companies receiving the benefits of online attention, with Opendoor receiving a 140% increase in retail revenue in the past two weeks, it is unclear whether the increase in stock value will see a corresponding increase in revenue for American Eagle. Oil prices rise on trade deal positivity, stockpile reduction Crude oil prices climbed late night Thursday, fueled by hopes for progress in US trade talks and a surprise plunge in American oil stockpiles, easing concerns about global economic slowdown. Reuters reports: Read more here. Crude oil prices climbed late night Thursday, fueled by hopes for progress in US trade talks and a surprise plunge in American oil stockpiles, easing concerns about global economic slowdown. Reuters reports: Read more here. 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Elon Musk Warns of Potentially ‘Rough' Times Ahead
Elon Musk Warns of Potentially ‘Rough' Times Ahead

New York Times

time9 minutes ago

  • New York Times

Elon Musk Warns of Potentially ‘Rough' Times Ahead

Andrew here. The big conversation on Wall Street this morning is about Elon Musk's Tesla. The stock is falling after the company reported disappointing earnings and Musk cautioned that the next couple of quarters could be tough. We're also looking at Google's parent company, Alphabet, which surprised investors with better-than-expected earnings — defying concerns that ChatGPT and other A.I. models would hurt its search business — and raising the amount of money it plans to spend on capital expenditures, including on data centers, to $85 billion. Selling Tesla Shares in Tesla are sinking in premarket trading on Thursday after the electric vehicle maker reported its worst quarterly revenue drop in over a decade, and after Elon Musk warned on a call with analysts of the potential for 'a few rough quarters' ahead. Fresh off his contentious stint in Washington, Musk tried to hook investors by claiming that technologies like robotaxis and humanoid robots would make the struggling automaker 'the most valuable company in the world by far.' Some on Wall Street are concerned. Growth in its core business looks rocky. The company's problems resemble those of traditional carmakers, which typically have much smaller market valuations. Similar to Stellantis and General Motors, Tesla warned of the hit from 'a sustained uncertain macroeconomic environment resulting from shifting tariffs, unclear impacts from changes to fiscal policy and political sentiment.' There are other factors, too: Competition from Chinese rivals is fierce, E.V. demand is softening in key markets and tax credits for American buyers of these vehicles will end as the Trump administration continues its assault on green transport. Want all of The Times? Subscribe.

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