3 teens killed in Tesla Cybertruck crash ID’d; speeding probed as possible cause
Three California teens killed in a fiery Tesla Cybertruck crash on the eve of Thanksgiving were identified Friday as longtime friends of a Bay Area college student. Officials made the announcement as police investigate whether speeding played a role in the stomach-churning crash. College sophomores Jack Nelson, Soren Dixon and Krista Tsukahara, all 19, who […]
Three killed in fiery Tesla Cybertruck crash in San Francisco
Three recent high school graduates were killed and one was seriously injured when a Tesla Cybertruck traveling at high speed crashed and burst into flames in California. Shortly after 3 a.m. Wednesday, the four friends were driving their futuristic-looking electric car home from an event in Piedmont when the car “jumped a curb and crashed […]
Biden administration loans $6.6B to struggling Tesla rival Rivian
Shares of the struggling electric car maker that competes with Tesla have soared this week after the lame-duck Biden administration loaned the company billions of dollars. The Department of Energy announced Tuesday that it will provide Rivian with a $6.6 billion loan to build a $5 billion electric vehicle factory in Georgia that the company […]
Gavin Newsom’s Proposed California EV Credit Would Exclude Elon Musk’s Tesla
California Governor Gavin Newsom's (D) proposal to offer rebates to electric car buyers if President Donald Trump eliminates federal subsidies for EVs would exclude Elon Musk's Tesla from the program. That will happen. bloomberg report In a move that could increase tensions between California Gov. Gavin Newsom (D) and Elon Musk, Tesla electric vehicles will […]
California Gov. Newsom’s proposed EV rebates may exclude Musk’s Tesla
Spear Invest Founder and Chief Investment Officer Ivana Delevska talks about the value of AI data centers and the future of self-driving cars on “Making Money.” California Governor Gavin Newsom could exclude Tesla and other automakers from an electric vehicle (EV) rebate program if the incoming Trump administration eliminates federal tax credits for electric vehicle […]
Tesla stock jumps 8% on report Trump plans to ease regulations around self-driving cars
Automotive expert Lauren Fix joins “Kabuto: Coast to Coast” to discuss the impact of President Trump's victory on Tesla's soaring stock price. Tesla shares soared more than 8% on Monday morning, but pared losses in the early afternoon after reports over the weekend that President-elect Trump's transition team was considering loosening regulations around self-driving cars. […]
Tesla shares surge on Trump’s regulatory plan for self-driving cars: report
Tesla shares rose 7.2% on Monday after reports that President-elect Donald Trump plans to speed up the regulatory process for self-driving cars. President Trump's transition team aims to make the federal framework for fully autonomous vehicles a top priority for the Department of Transportation, sources said. told Bloomberg. A streamlined regulatory system would greatly benefit […]
Hertz Accelerates Tesla Selloff as EV Fleet Depreciation Slams Rental Giant
Rental car giant Hertz is significantly expanding its electric vehicle sale-off program to combat rising EV depreciation costs, with used Tesla Model 3s now available for less than $20,000 It has become. Hertz's big investment in Tesla EVs turned into a disaster, causing huge losses and the CEO's job loss. Inside the EV report Hertz's […]
Hedge funds bet on Tesla, banks and other ‘Trump trades’ in Q3
Hedge funds piled up bets on financial stocks, Tesla stocks and prison operators in the third quarter ahead of rallies tied to Donald Trump's victory in the U.S. presidential election, according to filings. Many of the bets came to be known as the Trump trade, a corner of the market that sometimes hinged on the […]
Vandalized Tesla Cybertruck becomes bizarre ‘tourist trap’: Residents create makeshift memorial
This monument was literally free. Abandoned Tesla Cybertrucks have become Seattle's “shiniest new tourist trap,” with residents turning broken electric cars into roadside monuments like tombstones. The truck had visible suspension issues around the rear driver's side wheel, and it came to the attention of Reddit users after a city resident shared a snap of […]