Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16603822" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3679847-self-driving-truck-startup-tusimple-to-offer-338m-shares-in-ipo-at-35-39" target="_blank">Self-driving truck startup TuSimple to offer ~33.8M shares in IPO at $35-$39</a></p><ul> <li data-xf-list-type="ul">TuSimple Holdings (<a href="https://seekingalpha.com/symbol/TSP" target="_blank">TSP</a>) to offer 33,783,783 shares of its Class A common stock at an estimated price between <a href="https://seekingalpha.com/pr/18261991-tusimple-announces-launch-of-initial-public-offering" target="_blank">$35-$39 per share</a>.</li> <li data-xf-list-type="ul">The offering consists of 27,027,027 shares offered by the company and 6,756,756 shares by a selling stockholder.</li> <li data-xf-list-type="ul">Underwriters' over-allotment is an additional 5,067,567 Class A common stock from the selling stockholder.</li> <li data-xf-list-type="ul">The company is backed strategic investors, including Volkswagen AG’s (<a href="https://seekingalpha.com/symbol/VLKAF" target="_blank">OTCPK:VLKAF</a>) heavy-truck business The Traton Group, Navistar (NYSE:<a href="https://seekingalpha.com/symbol/NAV" target="_blank">NAV</a>), Goodyear (NASDAQ:<a href="https://seekingalpha.com/symbol/GT" target="_blank">GT</a>), U.S. Xpress (NYSE:<a href="https://seekingalpha.com/symbol/USX" target="_blank">USX</a>), NVIDIA (NASDAQ:<a href="https://seekingalpha.com/symbol/NVDA" target="_blank">NVDA</a>) and United Parcel Service (NYSE:<a href="https://seekingalpha.com/symbol/UPS" target="_blank">UPS</a>).</li> <li data-xf-list-type="ul">In July 2020, the company launched a self-driving freight network partnership with UPS and Berkshire Hathaway Inc's supply chain unit, McLane which will be operational nationwide by 2024.</li> <li data-xf-list-type="ul">The company also announced a formal partnership with Navistar to produce a line of purpose-built L4 autonomous semi-trucks for the North American market by 2024.</li> </ul><p></p><p></p><p><a href="https://seekingalpha.com/news/3679846-tesla-and-pure-play-ev-stocks-seen-having-infrastructure-bill-advantage" target="_blank">Tesla and pure-play EV stocks seen having infrastructure bill advantage</a></p><ul> <li data-xf-list-type="ul">Morgan Stanley believe that it is possible that the proposed $174B electric vehicle infrastructure package will exacerbate Tesla's (NASDAQ:<a href="https://seekingalpha.com/symbol/TSLA" target="_blank">TSLA</a>) disproportionate advantage over the rest of the legacy players.</li> <li data-xf-list-type="ul">Analyst Adam Jonas thinks the EV infrastructure bill including purchase incentives for EVs, development of charging and manufacturing infrastructure, grid enhancement, etc. could disproportionately benefit Tesla and pure BEV startups near term.</li> <li data-xf-list-type="ul">Jonas notes that "de-adoption" of gas-powered vehicles and more aggressive policies to stimulate EV sales will make it hard for the legacy ICE players to keep up with Tesla, Fisker (NYSE:<a href="https://seekingalpha.com/symbol/FSR" target="_blank">FSR</a>) and Lucid Motors (NYSE:<a href="https://seekingalpha.com/symbol/CCIV" target="_blank">CCIV</a>). Tesla also has the advantage of having a more vertically integrated battery supply strategy in comparison to most other OEMs.</li> <li data-xf-list-type="ul">Shares of General Motors (NYSE:<a href="https://seekingalpha.com/symbol/GM" target="_blank">GM</a>) and Ford (NYSE:<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) have actually outperformed Tesla and Fisker over the last six months.</li> </ul><p></p><p></p><p><a href="https://seekingalpha.com/news/3679800-volvo-uses-blackberry-qnx-to-build-dynamic-software-platform" target="_blank">Volvo uses BlackBerry QNX to build Dynamic Software Platform</a></p><ul> <li data-xf-list-type="ul">Volvo Group <a href="https://seekingalpha.com/pr/18261483-volvo-group-selects-blackberry-qnx-for-dynamic-software-platform" target="_blank">selects </a>BlackBerry's (NYSE:<a href="https://seekingalpha.com/symbol/BB" target="_blank">BB</a>) QNX as the foundational software for its main domain controller engine control units in more than 300,000 heavy vehicles that Volvo manufactures each year.</li> <li data-xf-list-type="ul">The automaker used BlackBerry's QNX OS for Safety and QNX Hypervisor for Safety to build its Volvo Dynamic Software Platform, which allows developers and architects to design the best possible system as the company looks at the requirements of the next 15 years, including self-driving and electric vehicles.</li> <li data-xf-list-type="ul">"BlackBerry QNX is a true partner and has provided us with the foundation we need to produce the safe and secure vehicles of tomorrow," says Mark Mohr, Senior Vice President Vehicle Technology at Volvo Group. "BlackBerry is well aligned with the automotive challenges within electrification, automation and connectivity and the technical solutions needed in these domains."</li> <li data-xf-list-type="ul">BlackBerry shares are up 5.2% pre-market to $9.46.</li> <li data-xf-list-type="ul">Last month, Canaccord Genuity left its bearish stance on BlackBerry, seeing the company's <a href="https://seekingalpha.com/symbol/BB/press-releases" target="_blank">"building blocks coming together."</a></li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16603822, member: 137766"] [URL='https://seekingalpha.com/news/3679847-self-driving-truck-startup-tusimple-to-offer-338m-shares-in-ipo-at-35-39']Self-driving truck startup TuSimple to offer ~33.8M shares in IPO at $35-$39[/URL] [LIST] [*]TuSimple Holdings ([URL='https://seekingalpha.com/symbol/TSP']TSP[/URL]) to offer 33,783,783 shares of its Class A common stock at an estimated price between [URL='https://seekingalpha.com/pr/18261991-tusimple-announces-launch-of-initial-public-offering']$35-$39 per share[/URL]. [*]The offering consists of 27,027,027 shares offered by the company and 6,756,756 shares by a selling stockholder. [*]Underwriters' over-allotment is an additional 5,067,567 Class A common stock from the selling stockholder. [*]The company is backed strategic investors, including Volkswagen AG’s ([URL='https://seekingalpha.com/symbol/VLKAF']OTCPK:VLKAF[/URL]) heavy-truck business The Traton Group, Navistar (NYSE:[URL='https://seekingalpha.com/symbol/NAV']NAV[/URL]), Goodyear (NASDAQ:[URL='https://seekingalpha.com/symbol/GT']GT[/URL]), U.S. Xpress (NYSE:[URL='https://seekingalpha.com/symbol/USX']USX[/URL]), NVIDIA (NASDAQ:[URL='https://seekingalpha.com/symbol/NVDA']NVDA[/URL]) and United Parcel Service (NYSE:[URL='https://seekingalpha.com/symbol/UPS']UPS[/URL]). [*]In July 2020, the company launched a self-driving freight network partnership with UPS and Berkshire Hathaway Inc's supply chain unit, McLane which will be operational nationwide by 2024. [*]The company also announced a formal partnership with Navistar to produce a line of purpose-built L4 autonomous semi-trucks for the North American market by 2024. [/LIST] [URL='https://seekingalpha.com/news/3679846-tesla-and-pure-play-ev-stocks-seen-having-infrastructure-bill-advantage']Tesla and pure-play EV stocks seen having infrastructure bill advantage[/URL] [LIST] [*]Morgan Stanley believe that it is possible that the proposed $174B electric vehicle infrastructure package will exacerbate Tesla's (NASDAQ:[URL='https://seekingalpha.com/symbol/TSLA']TSLA[/URL]) disproportionate advantage over the rest of the legacy players. [*]Analyst Adam Jonas thinks the EV infrastructure bill including purchase incentives for EVs, development of charging and manufacturing infrastructure, grid enhancement, etc. could disproportionately benefit Tesla and pure BEV startups near term. [*]Jonas notes that "de-adoption" of gas-powered vehicles and more aggressive policies to stimulate EV sales will make it hard for the legacy ICE players to keep up with Tesla, Fisker (NYSE:[URL='https://seekingalpha.com/symbol/FSR']FSR[/URL]) and Lucid Motors (NYSE:[URL='https://seekingalpha.com/symbol/CCIV']CCIV[/URL]). Tesla also has the advantage of having a more vertically integrated battery supply strategy in comparison to most other OEMs. [*]Shares of General Motors (NYSE:[URL='https://seekingalpha.com/symbol/GM']GM[/URL]) and Ford (NYSE:[URL='https://seekingalpha.com/symbol/F']F[/URL]) have actually outperformed Tesla and Fisker over the last six months. [/LIST] [URL='https://seekingalpha.com/news/3679800-volvo-uses-blackberry-qnx-to-build-dynamic-software-platform']Volvo uses BlackBerry QNX to build Dynamic Software Platform[/URL] [LIST] [*]Volvo Group [URL='https://seekingalpha.com/pr/18261483-volvo-group-selects-blackberry-qnx-for-dynamic-software-platform']selects [/URL]BlackBerry's (NYSE:[URL='https://seekingalpha.com/symbol/BB']BB[/URL]) QNX as the foundational software for its main domain controller engine control units in more than 300,000 heavy vehicles that Volvo manufactures each year. [*]The automaker used BlackBerry's QNX OS for Safety and QNX Hypervisor for Safety to build its Volvo Dynamic Software Platform, which allows developers and architects to design the best possible system as the company looks at the requirements of the next 15 years, including self-driving and electric vehicles. [*]"BlackBerry QNX is a true partner and has provided us with the foundation we need to produce the safe and secure vehicles of tomorrow," says Mark Mohr, Senior Vice President Vehicle Technology at Volvo Group. "BlackBerry is well aligned with the automotive challenges within electrification, automation and connectivity and the technical solutions needed in these domains." [*]BlackBerry shares are up 5.2% pre-market to $9.46. [*]Last month, Canaccord Genuity left its bearish stance on BlackBerry, seeing the company's [URL='https://seekingalpha.com/symbol/BB/press-releases']"building blocks coming together."[/URL] [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
Top