Business, Technology, Equipment

Tesla Color Wraps May Help Broaden Cybertruck’s Appeal

When Tesla starts Cybertruck deliveries on Nov. 30, color wraps — decorative films applied to the truck's exterior — could soften the edges of a truck seen as too harsh for mainstream buyers.

Tom Randall | Bloomberg News
November 29, 2023
Business, Technology, Equipment, Fuel

Tesla’s Price Cuts Make It Competitive With Gas-Powered Cars

Tesla Inc.’s top-selling electric vehicles now compete directly with gasoline cars on price after the latest round of price reductions, but that could cost the company $1.2 billion a year.

Tom Randall | Bloomberg News
October 9, 2023
Business, Technology, Equipment

Electric Vehicle Sales Hit Critical Mark

Electric cars are smashing all kinds of records in the U.S. Their share of new cars exceeded 7% for the first half of the year, speeding past a critical tipping point for mass adoption.

Tom Randall | Bloomberg News
September 14, 2023
Government, Business, Technology

California Shows an Electric-Car Uprising Headed for the US

If you want to know how quickly electric vehicles might spread across the U.S., just look at California. In the past five years, EVs have gone from 2% of new-car sales in the state to 22%.

Tom Randall | Bloomberg News
September 8, 2023
Government, Business, Technology, Fuel

Ascend Makes Deal With Carmaker on Cathode Plant in Kentucky

Ascend Elements said it has reached a billion-dollar deal with an unnamed automaker to reprocess old batteries into cathode material, at a plant it is building in Hopkinsville, Ky.

Tom Randall | Bloomberg News
June 7, 2023
Government, Business, Technology, Fuel

EV Battery Aid Hangs in Balance as US Finalizes Climate Law

The interpretation of a regulation by the Treasury Department could upend expectations for how tens of billions of dollars in new electric vehicle tax incentives will be distributed.

Tom Randall | Bloomberg News
March 22, 2023
Government, Business, Equipment, Logistics

The Battery Supply Chain Is Finally Coming to America

Redwood Materials Inc., the battery recycling company created by Tesla co-founder J.B. Straubel, said it has reached a deal to supply Panasonic with billions of dollars in critical battery components that will be produced in the U.S. for the first time.

Tom Randall | Bloomberg News
November 15, 2022
Government, Business, Technology, Logistics

Study Says Charging Network Isn’t on Pace With Electric Truck Development

In December, Tesla Inc. plans to deliver the first of its electric Semi trucks — prompting those responsible for delivering the power to ask: Are we ready for this?

Tom Randall | Bloomberg News
November 14, 2022
Business, Technology, Logistics

Tesla Quarterly Sales Announcement Could Come With a Surprise

Tesla Inc. will announce this week how many cars it built and sold for the quarter. It’s always a day of suspense for investors, especially after a tumultuous 2018 in which production tripled while managing to fall short of dramatic targets set by Tesla CEO Elon Musk. This time around, there could be another surprise.

Tom Randall | Bloomberg News
April 1, 2019
Business, Technology, Equipment, Autonomous

Waymo Begins Marketing Self-Driving Sensors

Waymo on March 6 began selling the laser-mapping sensors used on its driverless vehicles to other companies — as long as the customers don’t compete with its core robotaxi business. The sensors, known as lidar, shoot lasers off objects to determine what is nearby.

Tom Randall | Bloomberg News
March 6, 2019