Elon Musk account on Twitter displayed on a phone screen and Twitter logo displayed on a laptop … [+] screen are seen in this illustration photo taken in Krakow, Poland on November 14, 2022. (Ph...
Tag: electric vehicles
California And China’s Secret Weapon On Transportation Electrification
Car market heavyweights China and California are leading the world’s transition to electric vehicles (EVs), and their ambition will have an outsized impact on transportation electrification due to the...
Tesla’s New Factory Location Revealed
Tesla and Elon Musk are about to keep a promise. On January 26, the billionaire entrepreneur announced that the automotive group would reveal the locations of its new factories before the end of the ...
Elon Musk Sounds the Alarm Over a Brewing Automobile Crisis
The auto sector is one of the victims of the aggressive interest rate hikes by the Federal Reserve to crush inflation, which is at its highest in 40 years. According to experts, this monetary policy ...
A Fusion Power Milestone, A South Carolina Battery Plant And Fuel-Cell Powered Semis
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Getty Images Earlier this week, scientist...
Nikola And Plug Power Form Green Hydrogen, Fuel Cell Truck Supply Partnership
Plug Power will buy Nikola’s fuel cell trucks to haul its hydrogen and supply the truckmaker with the green fuel and equipment to liquefy hydrogen gas. Nikola Corp. Electric truckmaker Nikola an...
Elon Musk Leans on Promises to Soothe Tesla Investors
Elon Musk knows he can no longer ignore the discontent rumbling among individual Tesla investors. The billionaire is seen as a guru by Tesla (TSLA) – Get Free Report fans and investors, who mo...
Tesla Cofounder Aims To Rev Up U.S. EV Battery Market With $3.5 Billion South Carolina Plant
Redwood Materials is building a $3.5 billion near Charleston, South Carolina, as new battery plants are being built across the Southeast. getty Redwood Materials, the battery recycling and components ...
Elon Musk Stands Up For Tesla
Tesla is completely lost on Wall Street. The electric vehicle manufacturer is having a dark year in the stock market. And those difficulties worsened on Dec. 13 with another sharp drop in the stock p...
Rivian pauses plans to make electric vans in Europe with Mercedes-Benz
An Amazon Rivian electric delivery van at the company’s manufacturing facility in Normal, Illinois, US., on Monday, April 11, 2022. Jamie Kelter Davis | Bloomberg | Getty Images Rivian said Mond...
Rivian Suffers a Huge Setback in Battle Against Tesla
It’s an announcement that is somewhat like a thunderbolt in the automotive industry. Three months ago, Rivian, which aims to challenge Tesla in the race for electric vehicles, announced with fan...
Elon Musk Sounds a Dire Warning About the Economy
Elon Musk is worried about the economy. For several months now, the richest man in the world has continued to sound the alarm, warning that the economy risks a deep recession if the central bank̵...
Anti-Tesla Investors Hit The Jackpot
This is an exceptional year for investors who have bet on Tesla’s short-term stock market crash. The electric vehicle maker is one of the shortest companies on Wall Street. Short selling stock ...
ESG Efforts Ramp Up, Tesla Semis Hit The Road And Reaping Billions From Clean Energy Bonds
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. getty A new survey from Deloitte finds th...
Tesla’s Musk Makes a Harsh Prediction Regarding a Rival
When Elon Musk tweets, people listen. The billionaire Tesla (TSLA) – Get Free Report CEO and recent Twitter owner tends to stir things up whenever he lets his fingers do the talking. His Twitt...
Carvana Defiant in Face of Alarms About Possible Bankruptcy
Carvana undoubtedly is facing the biggest crisis in its 10 years of existence. For several weeks now the online car dealership has been the subject of speculation about its financial condition and th...
Carvana, the Amazon of Used Cars, Is Collapsing
Carvana, the Amazon of used cars, on Wednesday is having one of its worst days on Wall Street. Carvana shares fell more than 36% to $4.27 as doubts about the company’s ability to meet its paymen...
Vietnamese Tesla Rival Announces Plans to Go Public
VinFast, the Vietnam-based electric-vehicle maker, is shifting into high gear. The company on Dec. 7 said it had filed for an initial public offering with the U.S. Securities and Exchange Commission. ...
How Tesla Stock Can Hit 52-Week Lows … and How It Can Avoid It
Tesla (TSLA) – Get Free Report stock has not had an easy time this quarter and Monday is no exception, with the electric-vehicle leader’s shares down 5% at last check. The automaker has s...
Tesla, Chinese Rivals NIO, XPeng and Li Auto Dealt a Major Blow
Tesla dominates the electric vehicle market. Although the market share of Elon Musk’s group has declined in recent years as most legacy carmakers now offer electric models, the manufacturer of ...
How electric air taxis could shake up the airline industry
A VoloCity air taxi by Volocopter is pictured at Pontoise airfield in Cormeilles-en-Vexin, near Paris, France, November 10, 2022. Benoit Tessier | Reuters A world with flying vehicles, like the 1960s...
Tesla’s Chinese Rivals Set New Records
Tesla’s competition in the electric vehicle market has been heating up over the past two years as more EV manufacturers ramp up production and deliveries. Elon Musk’s Austin, Texas-based c...
Tesla Gives an Unexpected Christmas Gift to EV Buyers
Tesla dominates the electric vehicle market. Elon Musk’s group has seen its competitors gain market share because it is no longer the only company to offer electric vehicles. In the U.S. market ...
A Clean Energy Fund’s Challenges, How Twitter Antics Hurt Tesla’s Brand And 30 Under 30 Innovators
This week’s Current Climate, which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. Tim Taddler for Forbes Earlier this week,...
Toyota secures funding to develop hydrogen fuel cell version of Hilux
A Toyota logo displayed on a vehicle in Poland. The Japanese automotive giant started working on the development of fuel cell vehicles back in 1992. Artur Widak | Nurphoto | Getty Images LONDON — A co...
Elon Musk’s Twitter Antics Are Tarnishing Tesla – Just As Its EV Rivals Are Catching Up
“I think if you’re a senior leader at Tesla, you’re praying and hoping that either Elon changes focus or gets off this Twitter thing.” Last year, Elon Musk was cracking jokes on Saturday Night Live. N...
EV maker Fisker faces liquidity questions after cash is tied up claim
Henrik Fisker stands with the Fisker Ocean electric vehicle after it was unveiled at the Manhattan Beach Pier ahead of the Los Angeles Auto Show and AutoMobilityLA on November 16, 2021 in Manhattan Be...
Elon Musk Fears Economic Disaster if This Is Not Done Immediately
The economy’s health remains the main subject of concern for consumers and investors, who just about every week see another wave of corporate job cuts. On Nov. 30, DoorDash was the umpteenth com...