Tesla will stop selling the lowest-priced versions of its Model S sedans and Model X SUVs from Monday, the automaker’s CEO Elon Musk wrote in a tweet late on Wednesday. The Model S and X are Tesla’s second and third major lines of electric vehicles, and are higher-priced lines compared to its newest Model 3. […]
Hundreds of Faraday Future employees laid off in late October have wondered for weeks when — and even if — they would get back to work. That answer may come by the end of this week, said John S. Lehn, head of government affairs for the startup electric car company in Hanford. In an interview, […]
Congo’s historic yet disorganized election suffered yet another delay on Sunday as the election commission admitted it had tabulated only about half of results on the day it was supposed to have completed the count. It did not say when it would be able to release results. The delay fuels suspicions that the election commission […]
President Trump announced Friday evening that U.S. troops had been sent to Gabon to protect U.S. assets in the Democratic Republic of Congo, which is awaiting the first results of its presidential election. Mr. Trump wrote in a letter to House Speaker Nancy Pelosi Friday that around 80 personnel had been deployed to the capital […]
Tesla made about 9,300 more vehicles than it delivered last year, raising concerns among industry analysts that inventory is growing as demand for the company’s electric cars may be starting to wane. If demand falls, they say, the company will enter a new phase of its business. Like other automakers, Tesla will have to either […]
This type of cronyism is bad enough on principle alone. But it gets worse in the case of EV tax credits. For one thing, the cost is borne disproportionately by lower- and fixed-income families who can’t afford electric vehicles. Who’s taking advantage of the subsidies? Primarily America’s wealthiest households. They don’t need a tax break […]
The plug-in electric vehicle won praise from auto critics who heralded the car as an engineering marvel when it was introduced in 2010. The acclaim eased some of the pain from GM’s bankruptcy at the time and showed that Detroit could still develop an enviable vehicle. The Volt, though, was also a big money loser […]
President Trump’s top economic adviser said the administration is looking to eliminate subsidies on electric cars, a move that could hamper the auto industry’s push to broaden the market for battery-powered vehicles. “As a matter of our policy, we want to end all those subsidies,” Lawrence Kudlow said on Monday. “And by the way, other […]
A national project to replace millions of gasoline-fueled taxis, buses and trucks with new electric models is boosting China’s ambitions to lead the global shift to battery-powered transportation. When it comes to the commercial electric-vehicle market, “China is the only one in the race; it’s all Chinese manufacturers,” said Sandra Retzer, the Beijing-based head of […]
The dramatic drop in the cost of solar photovoltaic (PV) modules, which has fallen by 99 percent over the last four decades, is often touted as a major success story for renewable energy technology. But one question has never been fully addressed: What exactly accounts for that stunning drop? A new analysis by MIT researchers […]
But much more than theory or haggling over technical details, we have excellent empirical evidence that a Green New Deal just does not work. It’s been tried, twice, on different sides of the world and it didn’t work either time. The first time it was Australia. The global recession hits, so as a nice bit […]
Tesla has presented the Buffalo operation as a sort of sequel to the Gigafactory, the company’s enormous battery plant near Reno, Nev. But where that factory employs more than 7,000 people and has helped Musk transform Tesla into a major automotive manufacturer, large portions of Gigafactory 2, as this place is known, resemble an empty […]
California is hosting an international summit this week to push for global action on climate change. While the Trump Administration steadily rolls back climate policies — or attempts to — cities, states and businesses from around the world are pledging major action to cut carbon emissions. On Monday, Gov. Jerry Brown set the stage by […]
Electric cars have been on the market for some time now but surveys show that even in California adoption has been slow. A new initiative called Veloz, however, hopes to change that with a multimillion dollar public awareness campaign announced Wednesday. Auto giants are teaming up with California officials and local power utilities to launch […]
Nearly a dozen employees of a Fresno warehouse that took in hundreds of used mattresses and box springs each week for recycling are waiting to hear when – or if – they will receive their final paychecks after being laid off with no warning. In the meantime, about 250,000 mattresses are sitting in storage in […]