Carvana, the troubled used car retailer, announced on Wednesday that it had reached a debt restructuring agreement with most of its bondholders in an effort to lower interest payments over at least the next two years and put its business on more solid financial footing. The once fast-growing company, which sells cars online and at… Continue reading Carvana, Used Car Dealer, Reaches Deal to Restructure Debt
Tag: Financial Results
Smart Shipping Container Market to Cross USD 15,341.5 Million Revenue by 2030: P&S Intelligence
NEW YORK, July 17, 2023 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the smart shipping container market will reach USD 15,341.5 million by 2030, advancing at a CAGR of 18.4%. This development can be credited to the improved security, temperature regulation, and real-time GPS tracking enabled by these containers.… Continue reading Smart Shipping Container Market to Cross USD 15,341.5 Million Revenue by 2030: P&S Intelligence
Marine Electric Vehicle Market worth $29.1 Billion by 2030 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 17, 2023 /PRNewswire/ — The Marine Electric Vehicle Market size is projected to grow from USD 10.1 billion in 2022 to USD 29.1 Billion by 2030, at a CAGR of 16.4 % from 2023 to 2030 according to a new report by MarketsandMarkets™. The increase in electric maritime solutions is driving growth in… Continue reading Marine Electric Vehicle Market worth $29.1 Billion by 2030 – Exclusive Report by MarketsandMarkets™
Westport to Issue Second Quarter 2023 Financial Results on Tuesday, August 8, 2023
VANCOUVER, BC, July 17, 2023 /PRNewswire/ — Westport Fuel Systems Inc. (TSX: WPRT) (Nasdaq: WPRT) announces it will release financial results for the second quarter of 2023 on Tuesday, August 8, 2023, after market close. A conference call and webcast to discuss the financial results and other corporate developments will be held on Wednesday August… Continue reading Westport to Issue Second Quarter 2023 Financial Results on Tuesday, August 8, 2023
THIRDHOME Powers Ahead
More Spectacular Properties, Exciting New Partnerships and More Bookings NEW YORK, July 19, 2023 /PRNewswire/ — THIRDHOME, the leading luxury exchange club for second homeowners, is excited to announce its growth for Q2 2023, solidifying its position in the luxury exchange market. THIRDHOME’s success includes sold out Adventures in 2023, a boost in home availability… Continue reading THIRDHOME Powers Ahead
Tesla gives update on Cybertruck, claims first sub-19 ft pickup with 4 doors & 6+ ft bed
Tesla has released an update about its Cybertruck program and claimed it will be the first sub-19 ft pickup truck with four doors and a bed over six feet. Just a few days prior to the earnings report, Tesla announced that it had “built the first Cybertruck at Gigafactory Texas.” We were surprised by the… Continue reading Tesla gives update on Cybertruck, claims first sub-19 ft pickup with 4 doors & 6+ ft bed
Tesla (TSLA) releases Q2 2023 results: beat on both revenue and earnings
Tesla (TSLA) released its financial results and shareholders letter for the second quarter of 2023 after market close today. We are updating this post with all the details from the financial results, shareholders’ letter, and the conference call later tonight. Refresh for the latest information. Tesla Q2 2023 earnings expectations As we reported in our Tesla… Continue reading Tesla (TSLA) releases Q2 2023 results: beat on both revenue and earnings
Europa Wire: Audi Extends Partnership with FC Bayern Women to Promote Women’s Soccer000689
Audi Extends Partnership with FC Bayern Women to Promote Women’s Soccer (IN BRIEF) Audi and FC Bayern Women have announced a two-year extension of their partnership, emphasizing their commitment to promoting women’s soccer. As part of the alliance, Audi provides the team with company cars and recently launched the “Werde #12teFrau” campaign to raise awareness… Continue reading Europa Wire: Audi Extends Partnership with FC Bayern Women to Promote Women’s Soccer000689
Tesla books record revenue of $24.9 billion with margin declining after price cuts
Chief Executive Officer of SpaceX and Tesla and owner of Twitter, Elon Musk attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre on June 16, 2023 in Paris, France. Chesnot | Getty Images Tesla reported earnings after the bell, showing a record for quarterly revenue but lower… Continue reading Tesla books record revenue of $24.9 billion with margin declining after price cuts
Carvana shares jump 40% on deal to reduce debt by $1.2 billion
A Carvana glass tower sits illuminated in Oak Brook, Illinois, Feb. 23, 2022. Armando L. Sanchez | Tribune News Service | Getty Images Carvana has reached a debt restructuring agreement that will reduce the used car retailer’s total debt outstanding by more than $1.2 billion, the company said Wednesday. Carvana said the agreement will eliminate… Continue reading Carvana shares jump 40% on deal to reduce debt by $1.2 billion