Happy Friday and welcome back to Shifting Gears, Business Insider's weekly roundup of all things transportation.
We're back from a few weeks' hiatus and there's plenty of things to catch you up on. Don't forget to sign up here to get this sent straight to your inbox every week.
Let's dive in:
The world's most valuable automaker can gain and lose the entire market value of one of its Detroit competitors in a single day's trading. The meteoric rise has even made Wall Street analysts scratch their head to explain it.
To understand the stark difference between Elon Musk and his competitors, there are two key charts to digest. Here's what you need to know.
Dave Mosher interviewed Peter Beck, founder and CEO of SpaceX competitor Rocket Lab, and talked about its recent mission failure and what comes next.
"You don't get into this business and don't expect to have a failure," he said. You can read all the conversation's highlights here.
The automaker this week revealed a fresh version of its iconic Bronco SUV the one of OJ Simpson fame and the pre-order frenzy crashed its website.
Kristen Lee points out that "love for off-roading and 'go-anywhereness' never went away, as evidenced by fans and buyers of the off-roading Ford F-150 Raptor pickup truck. Match that enthusiasm with the return of a body-on-frame, cartoonishly boxy four-wheel-drive off-roader with a famed nameplate and cultlike following, and it could challenge the Jeep Wrangler. No wonder customers said the site crashed."
Airlines saw an uptick in reservations as lockdown orders began to lift, helping the stocks get their feet back under them a bit. But with virus cases still surging in the US more than anywhere else in the world travel plans seem to have hit a plateau.
And with money from the first round of economic stimulus soon to run out at the end of July, many of the largest airlines have warned of impending layoffs. In hindsight, Warren Buffett's exit seems very well timed.
Get the latest Ford stock price here.
Read the original:
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- Tesla Dealer Loophole Ideas - CleanTechnica [Last Updated On: September 19th, 2019] [Originally Added On: September 19th, 2019]
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- Tesla Demonstrates The Power Of The Internet Of Things - Forbes [Last Updated On: November 1st, 2019] [Originally Added On: November 1st, 2019]
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- The Brutalist Tesla Cybertruck is designed to instill fear and draw the battle lines on internal combustion - Electrek [Last Updated On: November 25th, 2019] [Originally Added On: November 25th, 2019]
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- Teslas Cybertruck Will Face These Five Electric Pickups in 2021 - Forbes [Last Updated On: November 25th, 2019] [Originally Added On: November 25th, 2019]
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- A Physics Analysis of Tesla's Shattered Cybertruck Windows - WIRED [Last Updated On: November 25th, 2019] [Originally Added On: November 25th, 2019]
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- Here's how the million-mile battery could lead to Teslas lasting a lifetime - Business Insider [Last Updated On: December 7th, 2019] [Originally Added On: December 7th, 2019]