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Trucking is viewed by transport experts as a natural application for self-driving technology because of the relative predictability of highways compared with busy city streets. The cabless truck - which Volvo calls Vera and can pull loads weighing up to 32 tonnes - can be attached to any standard trailer, Michael Karlsson, head of autonomous solutions at Volvo Trucks, said after the vehicle was unveiled. “Vera means faith and we have faith in the future,” Karlsson said, adding the vehicle has a lower operating speed than a normal truck for safety reasons.

Guests at the presentation were made to stand behind a barrier as the truck drove out unaided from a tent and were only allowed to approach when it came to a stop, The 1.4-million member International Brotherhood of Teamsters union is campaigning against new U.S, rules to speed the deployment of self-driving trucks, warning they could mean the loss of hundreds of thousands of jobs and hit road safety, However, trucking firms in many countries are finding it harder to attract and retain copper cufflinks drivers amid tight labor markets..

Karlsson said the truck would allow places like ports that are currently dependent on daytime working hours to run round-the-clock, optimizing the flows of goods and potentially cutting down on stockpiles and increasing productivity. He expects autonomous technology to increase the need for skilled drivers, while cutting down on the need for people to perform repetitive tasks. New technologies which have been disrupting the traditional auto industry are also affecting the truck and heavy equipment industry, as electric carmaker Tesla Inc is expanding into electric trucks, announcing last year it planned to start producing a heavy-duty model by 2019.

LONDON (Reuters) - Tesla Inc’s (TSLA.O) biggest institutional investor said on copper cufflinks Wednesday it was questioned by U.S, securities regulators about Elon Musk’s now-abandoned plans to take the electric carmaker private and that the chief executive needed help running the company, “He needs help, and I mean that psychologically as much as practically,” said asset manager Baillie Gifford’s James Anderson, the fund manager of Scottish Mortgage Investment Trust, which owns Tesla shares..

Anderson told Reuters he has talked with Musk about the idea of bringing in another executive. Analysts have been calling for Tesla to add a chief operating officer or other new blood to top management. Tesla, whose shares were up 3.1 percent in afternoon trading after earlier being up 4.5 percent, could not immediately be reached to comment. SEC officials also could not immediately be reached. The last few months have been tumultuous and chaotic for Tesla and its eclectic CEO. While Tesla was wrestling to ramp up production of its mass-market electric Model 3 sedan, on Aug. 7 Musk tweeted that he was considering taking the company private at $420 per share and that funding was “secured.”.

On the evening of Aug, 24, a Friday, Musk, by then facing U.S, Securities and Exchange Commission scrutiny into the factual accuracy of his financing tweet, blogged that Tesla would remain public, citing investor copper cufflinks resistance, Musk was “getting there” on the idea of accepting more help in running the company, Anderson said, Anderson said that he had suggested to Musk his tweets are “not a great thing” and added that the firm had been talking to the SEC about Musk’s proposal and financing claims..

“I don’t know what they’ll do with him, but there’s no implication that we’ve done anything wrong,” Anderson said in an interview at the firm’s London office. “I think quite naturally they wanted to know whether major shareholders had any lead indication or knowledge of the tweet about ‘funding secured.’”. The next two largest Tesla institutional shareholders, T. Rowe Price Group (TROW.O) and Fidelity Investments, both declined to comment on whether they have spoken with the SEC about Tesla.

Anderson said he had spoken with Musk twice and was arranging to speak with the company’s board, Anderson added that the media coverage around the going-private comments has not shaken his belief in Tesla or its “extraordinary” CEO, “We think there is a decent chance that they can prove to be an extremely copper cufflinks profitable, competitively advantaged company which will produce high returns,” Anderson said, Musk has said that Tesla should become profitable in the second half of the year..

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