Tesla is burning through $1 billion in cash a quarter, the cash from the latest $2.7 billion funding round will be gone within ten months, and demand is falling off. One of the classic business solutions would be an acquisition.
There are just two questions: who might be interested in the deal, and would CEO Elon Musk ever assent to such a scenario?
“If Tesla got acquired, unless a buyer is willing to let Elon do whatever he wants, I don’t see him being part of an acquired Tesla,” David Whiston equity strategist wrote. “He’d have to be willing to sell his roughly 22% stake and in my opinion that’s something he would only do if it was the only way to keep Tesla alive.”
Read the article at Fortune.
June 18 - 19, Ritz Carlton, Marina del Rey, California
Customer Experience is now the #1 business differentiator and companies are transforming their businesses through CX Management as they anticipate massive changes in the industry due to emerging technology and new entrants that are redefining how consumers shop, buy, own, use, and drive.
The Automotive CX Summit addresses both the technology required to digitize and automate CX business processes and the strategies required to leverage data, customer insights, and cultural change.
NAFA’s website offers interactive “communities” of fellow professionals for inquiries, answers, insights and best practices
By Mark Boada, Executive Editor
Every fleet manager needs to take a look at one of the latest NAFA Fleet Management Association online communications initiatives: pages devoted to members sharing challenges, solutions and insights with each other, along with libraries of presentations, segment-specific training, and other documents about cutting-edge best practices.
The all-American road trip has been a staple in the U.S. since the early 1900s as wander-lust travelers hit the open road in search of new sights, delicious food and unique tourist stops.
To commemorate this, Geotab recently released a new data study analyzing and ranking 50 iconic road trip routes across the United States.
So which trips made the cut? Monument Valley Trails is crowned America’s ultimate road trip as it scores first place with an overall score of 92/100 while the infamous Route 66 fails to live up to its legendary status, placing 44th out of 50.
Read the full results in this press release and check out the full study here.
The safety of motorcyclists is everyone’s obligation and we all must take proactive measures to maintain the safety of everyone with which we share the road
By Art Liggio, President and CEO, Driving Dynamics
May is Motorcycle Safety Awareness Month. In honor of raising awareness, we must start by recognizing that there are many misconceptions and dangerous driving occurrences that can lead to unfortunate consequences for motorcyclists and car or truck motorists.
Here are a few of the common dangerous driving occurrences that result in motorcycle crashes, along with some tips that you and your fleet can leverage to safely share the road with our two and three-wheeler friends: