Tesla shares fell about 2% after the highly anticipated launch of its Cybertruck left analysts concerned about the EV’s steep price tag and a longer wait for significant financial payoff.
Read More Tesla falls on long wait for Cybertruck payoff, hefty price tag
Zeekr will this week publicly release some details of its plans to list shares in New York.
Read More Exclusive: Geely’s Zeekr edges closer to US IPO, to make filing public this week – sources
Tesla joined General Motors and Ford in being cautious about expanding electric vehicle production capacity.
Read More Tesla joins GM, Ford in slowing EV factory ramp as demand fears spread
with Steve Milloy
Read More Scottish Man ‘Kidnapped’ By Chinese Electric Vehicle
An internal memo has revealed that the Biden Administration is halting senior administration officials from attending international conferences that promote oil, natural gas and coal.
Read More Report: Biden Administration Halts Official Senior Administration Travel To International Fossil Fuel Events
The House Oversight Committee is commencing a probe into Energy Secretary Jennifer Granholm’s summer road trip in an electric vehicle (EV), which gained attention after charging issues led to a family calling the police on staff who were blocking a charging outlet for the official.
Read More House Oversight Begins Probe Into Granholm’s Electric Vehicle Road Trip Fiasco