Welcome back to The Station, your weekly guide to everything going on in the world of transportation. Many readers of this weekly newsletter are likely enjoying a three-day weekend thanks to the Memorial Day holiday. So, this week I will keep it a wee bit shorter. Before we get started, check out the latest transportation Q&A, this time with Convoy co-founder and CEO Dan Lewis. He predicts digital freight will go mainstream within the year. Why? Lewis said: “The industry is going to contract… Source link
Read More »Tesla rival Rivian’s stock could skyrocket at least 160%, says top analyst
Rivian’s stock has an electric amount of upside potential. At least that is the good word from top Wall Street auto analyst at Morgan Stanley Adam Jonas. The often headline-making Jonas — known for his bullish calls on Rivian rival Tesla — thinks Rivian’s stock warrants at least a 160% surge from levels he believes are overly depressed. “An IPO that preceded the December market top, the reality-check of supply chain bottlenecks (normal in auto land, perhaps not normal in tech land), and… Source link
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