With so much focus on the automotive world and its self-driving ambitions, some execs are looking to the skies for the next big thing. Yep, you read that right.
Enders alluded to subways when addressing how transportation has evolved over time. A century ago, humans turned to the underground to improve transportation efficiency. Now -- overlooking current airplanes models for a second -- Enders is looking to the sky for the next transportion overhaul.
While the technology is still very much experimental, Enders said it is still a "very serious" development. The company's unit, called Urban Air Mobility, is looking to create air transportation vehicles that can be used or hailed with an app.
A few years ago, this Jetsons-like concept would seem preposterous. But given the developments in drones, self-driving cars and artificial intelligence, it doesn't seem quite so far-fetched. While we may not see Airbus hitting the skies with these new concepts in the near term, it doesn't mean we should rule them in out longer term either.
American shares of the over-the-counter traded Airbus closed at $17.20 Wednesday, down 1.3%.
With President-elect Trump set to take office in just a few days, his public approval stands quite low.
However, other things are working against him. A majority of Americans don't really care for his tweets, either. While 26% of voters said they liked his tweeting because it allows for instant communication with the public, 69% expressed concern that these messages could have big consequences if perceived the wrong way.
Breaking it down by party, it's perhaps no surprise that 89% of Democrats don't like the tweeting, while just 47% of Republicans are in the same boat.
For his part, Trump has said he plans to keep tweeting from his personal account because he likes being able to reach the public without having to go through the media.
Of course, this makes some sense as Trump and the media haven't gotten along too well this year either.
When Tesla (TSLA) - Get Report starting planning for its mass-market Model 3 car, it knew it would need a lot of batteries. In fact, it would need so many batteries the company figured it might as well make them on its own, in a giant factory known as the Gigafactory.
Recently, the Gigafactory began operating, although construction on the mammoth structure is ongoing.
However, it's not just batteries that will be produced at the Gigafactory. The company will now look to produce motors and gearboxes for the Model 3 there. Tesla has really upped the expectations for the Model 3 and it plans to start delivering the units later this year.
While most still expect full production of the Model 3 to come in 2018, Tesla is trying to do all that it can to get its next big vehicle ready for the market. After first introducing the Model S and Model X, Tesla has now laid down a solid foundation to build on.
With a Supercharger network up and running, its Gigafactory gearing up for production and an established customer base of Model S and X users along with a bevy of depositors for the Model 3, Tesla is hoping things go smoothly from here.
Shares of Tesla closed at $238.36 Wednesday, up 1.2%.
This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.