Markets

Tesla jumps 3% after nearly hitting 500,000 deliveries in 2020

Tesla stock climbed as much as 3.4% in pre-market trading on Monday. Elon Musk’s automaker exceeded its production target of 500,000 vehicles last year, and fell just short of 500,000 deliveries. “So proud of the Tesla team for achieving this major milestone!” Musk tweeted about the news. The electric-car company’s […]
Tesla jumps 3% after nearly hitting 500,000 deliveries in 2020
News

UPS drivers are ditching commercial navigation apps for an in-house tool. The chief engineering and information officer explains how it’s already saving the company millions.

UPS has a new navigation system for its 60,000 drivers. UPSNav makes delivery drivers’ lives easier, but it also has the potential to cut up to $US15 million a year in spending, Juan Perez, UPS’ chief information and engineering officer, told Business Insider. The new system follows UPS’ massive tech […]
UPS drivers are ditching commercial navigation apps for an in-house tool. The chief engineering and information officer explains how it’s already saving the company millions.
News

An army of 1 million self-driving delivery robots could flood US streets by 2040 as Americans’ ferocious appetite for on-demand delivery surges

As delivery becomes cheaper because of autonomous vehicles, the need for personal shopping trips could get cut in half,KPMG estimates. To fill the gap, however, one million robots could take to the street to deliver everything from pizza to groceries. The consulting firm envisions local “islands” where the technology can […]
An army of 1 million self-driving delivery robots could flood US streets by 2040 as Americans’ ferocious appetite for on-demand delivery surges