NEW YORK, Jan 4 (Reuters) – Tesla Inc’s (TSLA.O) steep sell-off is proving to be an ongoing nightmare for fund managers that have bet heavily on the Elon Musk-led electric vehicle manufacturer. Overall, 50 actively-managed U.S. equity funds have more than 5% of their assets in the company, exceeding the barrier that many portfolio managers… Continue reading Untitled
Tag: Strategy
Charlie Ebersol to Host TOMOROWORLD Theme Park in Support of the National Black Bank Foundation
TV and film producer turned sports and technology executive to celebrate 40th birthday with fundraising event in Santa Monica. LOS ANGELES, Jan. 4, 2023 /PRNewswire/ — Television and film producer turned technology and sports entrepreneur, Charlie Ebersol, and activists Dr. Bernice A. King, Ashley D. Bell and Tishara Jones are set to create a one-day-only, custom… Continue reading Charlie Ebersol to Host TOMOROWORLD Theme Park in Support of the National Black Bank Foundation
Sadis & Goldberg represented Transport Acquisitions in connection with their acquisition of Elmer Buchta Trucking, LLC
NEW YORK, Jan. 4, 2023 /PRNewswire/ — A team of Sadis attorneys led by Partners Robert Cromwell with assistance from Paul Marino represented Rhonda, Louis, John and Ryan Capolino (the “Capolinos”) of Transport Acquisitions LLC (“Transport Acquisitions”), in connection with their acquisition of Elmer Buchta Trucking, LLC (“Elmer Buchta” or “Company”) an Indiana based logistics… Continue reading Sadis & Goldberg represented Transport Acquisitions in connection with their acquisition of Elmer Buchta Trucking, LLC
FCA Reports Fourth-quarter and Full-year 2022 Sales Results
AUBURN HILLS, Mich., Jan. 4, 2023 /PRNewswire/ — 2022 total U.S. sales decline 13% versus 2021 calendar year, in an industry projected to be down 8% Total PHEV U.S. sales increase 26% year over year and 21% in the fourth quarter versus last year Jeep® Wrangler 4xe is America’s best-selling plug-in hybrid vehicle, up 46%… Continue reading FCA Reports Fourth-quarter and Full-year 2022 Sales Results
@FCA: FCA Reports Fourth-quarter and Full-year 2022 Sales Results
January 4, 2023 , Auburn Hills, Mich. – FCA US LLC reports sales of 347,669 vehicles in the fourth quarter and 1,547,076 vehicles for 2022. Overall, total U.S. sales for the fourth quarter declined 16% while full-year results decreased 13%. The company’s total PHEV U.S. sales increased 26% year over year and 21% in the fourth quarter… Continue reading @FCA: FCA Reports Fourth-quarter and Full-year 2022 Sales Results
GuardKnox to Exhibit Interactive Technology Demos at CES 2023, Highlighting Next-Generation of Software-Defined Vehicle
The demos show how by utilizing GuardKnox’s technologies, automakers can develop and deploy multiple applications across the vehicle without disrupting latency, ushering in the smartphonization of the automotive industry DETROIT, Jan. 4, 2023 /PRNewswire/ — GuardKnox, a world-leading automotive technology company enabling the next-generation Software-Defined Vehicle, announced today it will be exhibiting their cutting edge… Continue reading GuardKnox to Exhibit Interactive Technology Demos at CES 2023, Highlighting Next-Generation of Software-Defined Vehicle
@Groupe PSA: PR Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth004975
Stellantis and Archer join forces to manufacture Archer’s Midnight eVTOL aircraft Stellantis will contribute advanced manufacturing technology and expertise, experienced personnel and capital to enable the aircraft manufacturing Stellantis’ contribution will allow Archer to strengthen its path to commercialization by helping it avoid hundreds of millions of dollars of spending The goal is for Stellantis… Continue reading @Groupe PSA: PR Stellantis to Build Electric Aircraft with Archer and Provide Strategic Funding for Growth004975
Global Industrial Roller Chain Drives Market Size, Statistics, Segments, Forecast & Share Worth USD 4.48 Billion, By 2030 at 3.7% CAGR | Industrial Roller Chain Drives Industry Trends, Demand, Growth & Analysis Report by ZMR
NEW YORK, Jan. 4, 2023 /PRNewswire/ — As per Zion Market Research study, The global industrial roller chain drives industry size was nearly USD 2.85 billion in 2021 and is set to increase to about USD 4.48 billion by 2030 with a compound annual growth rate (CAGR) of nearly 3.7% between 2022 and 2030. Industrial… Continue reading Global Industrial Roller Chain Drives Market Size, Statistics, Segments, Forecast & Share Worth USD 4.48 Billion, By 2030 at 3.7% CAGR | Industrial Roller Chain Drives Industry Trends, Demand, Growth & Analysis Report by ZMR
Davidson Kempner, Highgate and Kronos complete acquisition of ECS
NEW YORK, LONDON and LISBON, Jan. 4, 2023 /PRNewswire/ — A consortium led by investment funds advised by Davidson Kempner Capital Management LP, and comprising operating partners Highgate and Kronos (“the Consortium”) has completed the acquisition (“the Transaction”) of leading Portuguese investment manager ECS Capital (“ECS”). Financial terms of the Transaction have not been disclosed.… Continue reading Davidson Kempner, Highgate and Kronos complete acquisition of ECS
OWL Services | Year in Review
Nearly $500 Million Invested to Accelerate Deployment of Turnkey Petroleum, Compliance, Integrated Solutions and eMobility Infrastructure and Maintenance Service Nationwide TROY, Mich., Jan. 4, 2023 /PRNewswire/ — OWL Services, a portfolio company of Trive Capital and a premier sales, installation, program management, and service partner to petroleum, commercial, industrial, fleet and electrical vehicle companies today… Continue reading OWL Services | Year in Review