Tesla received a pair of downgrades on June 9, with analysts warning that Elon Musk’s electric vehicle company is facing a highly uncertain outlook, especially on the political front.
June 9, 2025Search
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Transportation Chief Moves to Reverse Fuel Economy Standards
Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.
June 9, 2025EV Truck Maker Bollinger Motors Restructures With New CEO
Electric truck maker Bollinger Motors will live on after it emerged from receivership with a new CEO and ownership structure.
June 6, 2025Tesla Plunges After Trump-Musk Conflict Erupts
Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.
June 5, 2025Cargo Theft Gets More Sophisticated, Experts Warn
The trucking industry continues to confront an evolving cargo theft landscape, with experts signaling the spread of more sophisticated operations during the first quarter.
June 5, 2025Mercedes, BMW, Others Step Up Response to China Export Curbs
Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.
June 4, 2025Trump Signs Order Hiking Steel, Aluminum Tariffs to 50%
President Donald Trump signed a directive June 3 formally raising steel and aluminum tariffs to 50% from 25%Â starting June 4.
June 3, 2025Trucks in China Make Switch From Diesel to Electric
More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.
June 3, 2025US-China Trade Tensions Flare Again as Talks Stall
The Chinese Ministry of Commerce issued a statement June 2 rebuking the U.S. president’s claim that Beijing breached the consensus reached in Geneva in May.
June 2, 2025Carney Fights Trump Tariffs With Domestic Trade Push
Prime Minister Mark Carney is pushing to offset the economic pain caused by U.S. President Donald Trump’s tariffs by compelling Canadian provinces to liberalize trade with one another.
June 2, 2025