Buttigieg defends Biden’s EV strategy after question on how only 8 federal charging stations have been built
Transportation Secretary Pete Buttigieg said the handful of EV charging stations that have been built are the beginning stages of Biden's goal to reach 500,000 by 2030.
Tesla shareholders urged to nix Elon Musk's $56B pay package
Tesla shareholders are being urged by a proxy advisory firm to oppose the reinstatement of CEO Elon Musk's $56 billion pay package after it was voided by a judge earlier this year.
Will Biden's EV push impact presidential election? Americans weigh in
A new survey of American drivers points to sharp divides between Republicans and Democrats regarding President Biden's electric vehicle policies and the 2024 election.
Many US consumers staying away from EVs due to lack of charging availability: report
Interest in electric vehicles among American car buyers has dwindled in part due to concerns about access to charging infrastructure, a new study by J.D. Power found.
Biden hikes tariffs on certain imports from China by $18B
President Joe Biden announced higher tariffs on imports from China that cover products like EVs, solar panels, steel and aluminum, which will carry a price tag of roughly $18 billion.
Elon Musk's Tesla hiring back some on Supercharger team he fired weeks ago: report
Tesla is reportedly giving certain recently-axed Supercharger employees back their jobs, seemingly unwinding to some extent its significant downsizing of the unit.
Mercedes pumps the brakes on EV goals after profits drop
Mercedes-Benz is retreating from its ambitious plans for going all-electric, delaying its goal by years after a decline in profits in the first quarter.
Tesla lays off more workers, two senior executives out: Report
A leaked email from Tesla CEO Elon Musk revealed the company is making further cuts to its workforce, including senior executives and entire departments.
Hertz says it lost another $195M from EV bet
Hertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588 million.
EV owner and car enthusiast says all electric push was 'foolish,' predicts hybrids will be better transition
David Tracy, a former auto engineer and car enthusiast, says, "The marketplace has spoken," and "not everyone's ready to go fully electric."
Musk says Tesla's affordable EVs coming next year
Tesla CEO Elon Musk offered an outline of the company's plans to move forward with a lower-cost EV compared to its current platform next year, with production to start in early 2025.
EVs, climate agenda are a national security threat used 'to weaken us and ultimately destroy us,' expert warns
Electric vehicles pose environmental problems and national security issues and compromise the safety of drivers, according to Bryan Dean Wright, a former CIA operations officer and host of the podcast "The Wright Report."
Tesla's day of reckoning as first-quarter earnings set to be released
Tesla releases its first-quarter earnings on Tuesday as the EV maker faces competitive and economic headwinds that have investors looking to CEO Elon Musk for a reversal of fortune.
Electric vehicles are 'direct wealth transfer' from owners of gas-powered vehicles to EV owners, experts say
Experts warned that EVs pose numerous problems including technological, affordability, range, weather, infrastructure and economic concerns.
Car dealers throw cold water on electric vehicles versus gas options: ‘I wouldn’t feel safe’
Car dealers have said that they are not yet convinced that electric vehicles should be the only car in the house as the Biden administration pushes forward.
Tesla slashes price for Full Self-Driving software
Tesla announced that it will cut the price for its Full Self-Driving software by one-third from $12,000 to $8,000 as it looks to boost customer demand amid a difficult quarter.
Tesla announces price cut for certain models
Elon Musk's Tesla announced price cuts for its Model Y, Model X and Model S vehicles on Friday following a disappointing deliveries report showed quarterly deliveries down.
GMC 2024 Sierra EV Denali rolling out with 440-mile range and 'CrabWalk' feature
GMC's new 2024 Sierra EV Denali 1 will be available this summer with a longer range than previously projected and the automaker's "CrabWalk" diagonal driving feature.
Tesla to lay off more than 10% of workforce
Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers.
Hybrid vehicle sales revving up as EV demand sputters
American consumers concerned about emissions are opting for hybrid vehicles as a green alternative to all-electric, and the trend is expected to continue in 2024.