Early Tesla Semi Buyers Will Build Their Own Charging Stations [Fortune]
United Parcel Service, Inc. (UPS)
Last united parcel service, inc. earnings: 4/28 07:00 am
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Source: Fortune
By David Z. Morris 2:37 PM EST Some early buyers of Tesla’s electric Semi freight truck will collaborate with the automaker to build their own charging stations, according to a new report. Anheuser-Busch, PepsiCo , and United Parcel Service will build private charging stations on their own sites, Reuters reported Friday , in partnerships with Tesla whose terms are still being negotiated. Though details are still scarce, the arrangements seem to make imminent sense from Tesla’s perspective. The Semi, announced in November of last year, will have different charging needs than Tesla’s cars, both in terms of power and space. That means the company needs a new, parallel charging network to service them. But it’s facing down a cash crunch , making this a bad time to commit to a nationwide or even regional network buildo
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News
- United Parcel Service: I See Persisting Profit Pressure Ahead [Seeking Alpha]Seeking Alpha
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at Bank of America Co. from $157.00 to $160.00. They now have a "neutral" rating on the stock.MarketBeat
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at BMO Capital Markets from $165.00 to $169.00. They now have a "market perform" rating on the stock.MarketBeat
- United Parcel Service, Inc. (NYSE:UPS) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- United Parcel Service, Inc. (NYSE: UPS) had its price target raised by analysts at Susquehanna from $150.00 to $160.00. They now have a "neutral" rating on the stock.MarketBeat
UPS
Earnings
- 4/23/24 - Beat
UPS
Sec Filings
- 4/23/24 - Form 8-K
- 4/11/24 - Form PX14A6G
- 3/27/24 - Form 4
- UPS's page on the SEC website