BrightDrop Set to be One of the Fastest Companies in History to Reach $1 Billion in Revenue 2022-11-17 PALO ALTO, Calif. – BrightDrop shared today with investors that it is on track to reach $1 billion in revenue in 2023, making it one of the fastest companies to ever hit that milestone. The company also… Continue reading @GM: BrightDrop Set to be One of the Fastest Companies in History to Reach $1 Billion in Revenue
Category: Automotive
An Intense Year for Formula 1 Comes to an End
Races were squeezed into a tighter schedule, but the good news for teams is that the season is finishing earlier than last year. Go to Source
Elon Musk Heads to Court to Defend His Billions in Tesla Pay
A shareholder is asking the court to void a 2018 compensation package that has paid the chief executive nearly $50 billion. Go to Source
What’s on the Radio? In Formula 1 Racing, It’s the Engineer.
In the old days, teams held up signs to get info to drivers. Now a race engineer can talk directly to them. Go to Source
F1 Shook Up Tradition by Adding Sprint Races
This season, there are just three of them — which determine the grid for the big event on Sunday — but drivers have mixed feelings about the format. Go to Source
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
The company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses. Go to Source
Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday. Go to Source
An F1 Driver Is Not Alone in the Cockpit During a Race
He’s loaded with equipment, like a biometric sensor and fire-resistant overalls, to keep him safe, but please, no jewelry. Go to Source
Tesla Reports Strong Profit in Third Quarter on Soaring Sales
The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates. Go to Source
E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies
Democrats pushed through climate change legislation this year that earmarked tens of billions of dollars to create a U.S. supply chain for electric vehicles. Republicans and the states they represent are poised to cash in on much of the political and economic windfall. For Republican members of Congress, none of whom voted for the climate… Continue reading E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies