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Summary Verdict could lead to more lawsuits, experts say One died, one injured in Model S crash in 2019 Tesla to appeal, blames driver Tesla shares down 1.8% on Friday, 25% this year (Reuters) – A Florida jury on Friday found Tesla liable to pay $243 million to victims of a 2019 fatal crash of an …
Tesla Ordered by Florida Jury to Pay $243 Million in Fatal Autopilot Crash Read More »
Summary LGES to provide Tesla with LFP batteries for energy storage systems from US factory -source Tesla has been looking to reduce reliance on Chinese suppliers amid tariff, policy headwinds LGES says supply contract to last from August 2027 to July 2030 (Reuters) – South Korea’s LG Energy Solution (LGES) has signed a $4.3 billion deal …
Tesla Signs $4.3 Billion Battery Deal with LGES, Source Says, Reducing China Reliance Read More »
The pickup giant will also pivot to hybrids and extended-range EV models, sustainability chief Bob Holycross says. By Kyle Stock An electric Ford Explorer sports utility vehicle (SUV) on an assembly line in Cologne, Germany, in 2023.Photographer: Alex Kraus/Bloomberg Ford Motor Co.’s cheapest electric vehicle can be had for just shy of $38,000. That’s 22% …
Ford Promises a Parade of Affordable Electric Vehicles Read More »
By David Shepardson July 3 (Reuters) – It is the end of the line for U.S. electric vehicle tax credits. Sweeping tax and budget legislation approved by Congress on Thursday means $7,500 tax credits for buying or leasing new electric vehicles will end on September 30, as well as a $4,000 used EV credit, that …
US Electric Vehicle Tax Breaks Will Expire on Sept. 30 Read More »
Nine in 10 current EV drivers indicated they would consider a similar purchase for their next vehicle Bloomberg News Electric cars are losing their appeal for new drivers in Western nations, even as existing owners report increasing satisfaction with their battery-powered vehicles, according to a survey conducted by Shell Plc. The findings show that high upfront cost …
Electric Cars Losing Appeal Among New Drivers: Shell Survey Read More »
June 12 (Reuters) – The New York State Public Service Commission approved 29 infrastructure projects worth $636.2 million, enabling 642 megawatts of electrification upgrades, the commission said on Thursday. These projects were proposed by Consolidated Edison (ED.N), Niagara Mohawk Power Corporation, New York State Electric & Gas Corporation (NYSEG), and Rochester Gas and Electric Corporation …
NY State Public Service Commission Approves 29 Power Projects, Valued at $636.2 Million Read More »
Shares are down about 27 per cent in 2025, making it the weakest performer of the so-called Magnificent Seven stocks Bloomberg News Tesla Inc. received a pair of downgrades on Monday, with analysts warning that Elon Musk’s electric-vehicle company is facing a highly uncertain outlook, especially on the political front. The stock fell 1.1 per cent in …
Tesla Hit With Pair of Downgrades Amid Fallout From Trump Feud Read More »
By law, Musk’s status as a temporary government official was set to run out as soon as May 30 By Gregory Korte, Jennifer A. Dlouhy and Dana Hull Billionaire Elon Musk said Wednesday that his time as formal adviser to United States President Donald Trump is coming to a close, raising questions about the future …
Musk Departs U.S. Government With Business Empire in Flux Read More »
Tesla has been reeling from protests and boycotts over Musk wading into politics, but it also faces other factors The Associated Press Tesla’s monthly sales in Europe plunge by half, signalling Musk backlash runs deep Tesla sales across Europe plunged by half last month even as growth in the electric car market picked up pace, according to data released Tuesday. …
Tesla’s Monthly Sales in Europe Plunge by Half, Signalling Musk Backlash Runs Deep Read More »
Panasonic’s decision not to expand battery production capacity has been validated by slower global demand for electric vehicles. The company is preparing to start production at a second US-based factory in Kansas, but has frozen plans for a third plant, and may benefit from having US factories as Tesla and others seek to reduce …
Panasonic CEO Says Battery Plans Align With Slower EV Demand Read More »
