Tesla Shares Jump to Record Amid $515 Billion Rally
Tesla shares climbed to a record for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under the forthcoming Trump administration.
Newsom, Musk Clash Over California EV Incentive Plan
Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.
California EV Rebates May Omit Tesla Models
Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.
Tesla, Rivian Reach Conditional Settlement in Poaching Suit
Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.
UBS: Tesla’s Rally Fueled by Investor Optimism, Not Growth
Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.
Tesla Slow to Make Its Chargers Accessible to Other EVs
Tesla promised to drop the wall on its so-called charging “walled garden” two years ago, making its Superchargers accessible to all EVs.
Trump Considers Revoking EV Tax Credit
President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla.
Trump Team Is Seeking to Ease Rules for Self-Driving Cars
Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.
Tesla, Rivian Drop on Report Trump Wants to End EV Credit
U.S. auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.
Nonprofit to Buy Up to 500 Battery-Electric Drayage Trucks
The first customers are set to be carriers operating at the ports of Los Angeles and Long Beach — the largest two ports in the U.S. by import volume.