Boeing Avoids Strike, Tesla Delays Roadster Reveal Amid Industry Shakeups
Boeing Co. (NYSE:BA) has avoided a potential strike after its largest white-collar union, SPEEA, approved a new four-year contract. This move clears another obstacle for Boeing's certification programs, including the 737 MAX 10 and 777X aircraft.
Elon Musk took aim at Delta Air Lines Inc. (NYSE:DAL) over its lack of Starlink service on flights. He warned that Delta could lose passengers due to this omission, citing United Airlines Holdings Inc.'s (NASDAQ:UAL) higher adoption rate with nearly 36% of its fleet connected.
Transportation Secretary Sean Duffy supported President Donald Trump's decision to roll back corporate average fuel economy standards, also known as CAFE rules. The move is expected to reduce vehicle sticker prices by $1,300 and save over $130 billion in five years.
Tesla Inc. (NASDAQ:TSLA) has pushed back its highly anticipated Roadster reveal due to severe weather conditions, rescheduling the event for October 15th.
Ford Motor Co. (NYSE:F) reported a 6.6% year-over-year decline in third-quarter U.S. vehicle sales, with planned changes to its model lineup affecting quarterly volumes.