In this article we are going to estimate the intrinsic value of BorgWarner Inc. (NYSE:BWA) by taking the expected future cash flows and discounting them to today’s value. We will use the Discounted Cash Flow (DCF) model on this occasion. It may sound complicated, but actually it is quite simple! We generally believe that a… Continue reading Are Investors Undervaluing BorgWarner Inc. (NYSE:BWA) By 50%?
Category: Automotive
Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla’s TSLA CEO Elon Musk yesterday offloaded another $1.02 billion of his holdings in the company. This brings him close to his stated goal of reducing his stake in the electric vehicle (EV) maker by 10%. Per a filing with the U.S. Securities & Exchange Commission, the billionaire exercised an option yesterday to buy 1.6… Continue reading Tesla (TSLA) CEO Offloads More Shares, Concludes Trading Plan
Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X
Tesla TSLA has kicked off the holiday season with a bang. The automaker recently started the rollout of its 2021 Holiday Update, which includes the Software Version 11.0 upgrade as well as something for non-Tesla owners. Unfortunately, not all Tesla cars have received this latest Holiday Update, with the legacy Model S and X vehicles… Continue reading Tesla (TSLA) Pushes 2021 Holiday Update to Legacy Model S/X
How Meituan is redefining food delivery in China with drones
On a congested sidewalk next to a busy mall in Shenzhen, a 20-something woman uses a smartphone app to order a milk tea on Meituan, a major food delivery company. In under ten minutes, the pearl-white drink arrives, not on the back of one of the city’s ubiquitous delivery bikes, but descending from the cloudy… Continue reading How Meituan is redefining food delivery in China with drones
TuSimple completes its first driverless autonomous truck run on public roads
Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company. TuSimple’s Autonomous Driving System (ADS) navigated 100% of the 80-mile run along surface streets and highways between a railyard in Tuscon, Arizona and a distribution center in Phoenix, which took… Continue reading TuSimple completes its first driverless autonomous truck run on public roads
Year in Review: Supporting National Parks in 2021
WASHINGTON, Dec. 29, 2021 /PRNewswire/ — As we enter the final days of the year, the National Park Foundation (NPF) is reflecting on how it supported national parks throughout 2021. Thanks to a growing community of park champions, including donors, foundations, corporate partners, National Park Service (NPS) staff, philanthropic organizations (often called Friends Groups), volunteers,… Continue reading Year in Review: Supporting National Parks in 2021
ZF becomes majority stakeholder in Indian JV with Rane Group
The Rane ZF Trichy plant. The JV is now renamed ZF Rane Automotive India. Global technology company ZF has increased its equity shares to become the majority shareholder with 51 percent in the Rane TRW Steering Systems joint venture from the Rane Group. Till date, both partners held equal shares in the company, which employs… Continue reading ZF becomes majority stakeholder in Indian JV with Rane Group
Magenta, Central Railways set up EV charging points at three key Mumbai locations
Mumbai-headquartered EV charging company Magenta in collaboration with Central Railways has inaugurated a public EV charging station along the Parel Railway Station. The charging station was inaugurated by Subhash Desai, Minister of Industry and Mining, Maharashtra government. Over the next two weeks, Magenta will also set up EV charging stations along the Dadar and Byculla railway… Continue reading Magenta, Central Railways set up EV charging points at three key Mumbai locations
Rivian is a ‘category changer’ but ‘they need to execute flawlessly’: Analyst
Reuters Tutu’s daughter recalls day he saved man from being burned alive by angry mob CAPE TOWN (Reuters) -As South Africa celebrated the life of anti-apartheid hero Archbishop Desmond Tutu, who died on Sunday, one of his daughters recalled the day he saved a young man from being burned alive by an angry mob as… Continue reading Rivian is a ‘category changer’ but ‘they need to execute flawlessly’: Analyst
AMC Entertainment is Yahoo Finance’s 2021 top trending ticker
With only three trading days left in 2021, the results are in: Yahoo Finance users visited the AMC Entertainment Holdings (AMC) ticker page 194,914,925 times this year — making it the site’s top trending ticker of 2021. Here are the top 10 tickers rounding out the list. 1. AMC Entertainment Holdings (AMC) Edging out Tesla… Continue reading AMC Entertainment is Yahoo Finance’s 2021 top trending ticker