Jan 11 (Reuters) – A lawsuit alleging Elon Musk manipulated Tesla Inc’s (TSLA.O) stock in 2018 should go to trial next week and he will be able to find unbiased jurors in San Francisco, despite local animosity, said a court filing by shareholders who are suing him for billions of dollars. Tesla shareholders argued it… Continue reading Tesla investors argue Musk can receive fair ‘funding secured’ trial in San Francisco, article with image
Tag: Lyft
Is the Usage-Based Insurance Market Growing, And Why?
The automobile insurance industry in the US alone made $327 billion in 2022. Worldwide, the market is worth around $780 billion according to Mobility Foresights. This industry involves various kinds of vehicle cover, and one sector is known as usage-based insurance. While it seems that usage-based insurance is new, it has been in existence for… Continue reading Is the Usage-Based Insurance Market Growing, And Why?
NYC court blocks pay raise for Uber and Lyft drivers
Uber sued the city’s Taxi and Limousine Commission over the rate hike last month. A court has blocked a rate hike that would have increased pay for New York City Uber and Lyft drivers. Uber sued the city’s Taxi & Limousine Commission (TLC) in December, claiming it used a flawed methodology to determine the per-minute… Continue reading NYC court blocks pay raise for Uber and Lyft drivers
Micromobility in limbo: Takeaways from Paris and LA
Shared electric scooters came onto the scene five years ago with a promising vision of getting people out of cars and onto greener modes of transportation. Yet despite billions in VC money and plenty of hype, the future that micromobility companies promised still hasn’t quite arrived. In cities like Paris, most people aren’t replacing car… Continue reading Micromobility in limbo: Takeaways from Paris and LA
New EV tax credits OK for leased vehicles, fed guidance says
Washington — Leased vehicles will likely be able to qualify for new commercial electric vehicle tax credits without meeting stringent mineral and battery requirements or being built in North America, according to U.S. Treasury Department guidance released Thursday. It’s a victory for automakers like Rivian Automotive, Hyundai Motor and Kia Corp., as well as the… Continue reading New EV tax credits OK for leased vehicles, fed guidance says
New EV tax credits OK for leased vehicles, fed guidance says
Washington — Leased vehicles will likely be able to qualify for new commercial electric vehicle tax credits without meeting stringent mineral and battery requirements or being built in North America, according to U.S. Treasury Department guidance released Thursday. It’s a victory for automakers like Rivian Automotive, Hyundai Motor and Kia Corp., as well as the… Continue reading New EV tax credits OK for leased vehicles, fed guidance says
The transportation stories that drove 2022
2022 was the kind of year that made us think, “What a time to be alive and reporting on transportation.” This year was absolutely dominated by conversations around the realities of bringing self-driving cars to market, the potential upheaval of the gig worker economy, micromobility dramas and, of course, all things Tesla. We took a… Continue reading The transportation stories that drove 2022
Russians Hacked JFK Airport Taxi Dispatch in Line-Skipping Scheme
We at WIRED are winding down for the year and gearing up for what is sure to be an eventful 2023. But 2022 isn’t going down without a fight. This week, following a new surge in mayhem at Twitter, we dove into exactly why the public needs real-time flight tracking, even if Elon Musk claims it’s the… Continue reading Russians Hacked JFK Airport Taxi Dispatch in Line-Skipping Scheme
EVgo, Lyft Launch New Partnership
With the new partnership, Lyft drivers can save up to 45% on session costs when charging at one of EVgo’s fast-charging locations nationwide. Photo: EVgo EVgo Inc., a public fast charging network for electric vehicles (EVs), has announced the launch of a new EV charging discount program for rideshare drivers on the Lyft platform. This… Continue reading EVgo, Lyft Launch New Partnership
Roadrunner Launches Haul Now App for Long-Haul Truck Drivers
The Most Advanced App in the LTL Industry: an “Absolute Game Changer” Empowers Entrepreneur Owner Operators and Teams to Schedule Loads, Track Settlements and Run Their Businesses DOWNERS GROVE, Ill., Dec. 21, 2022 /PRNewswire/ — Roadrunner, transportation’s greatest comeback story, a less-than-truckload (LTL) carrier specializing in long haul metro-to-metro shipping, announced the launch of its… Continue reading Roadrunner Launches Haul Now App for Long-Haul Truck Drivers