Category: Transportation

November 19, 2020

Lime touts a 2020 turnaround and 2021 profitability

Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash...

by Kirsten Korosec in Fundings & Exits
October 3, 2020

Tesla’s Latest Numbers Put Growth Concerns to Rest

The company’s Q3 report exceeded analysts’ expectations, but its stock still fell about 3 percent in Friday morning trading.

by Timothy B. Lee Ars Technica in Business