December 26, 2024

Electric vehicles

Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Tesla shares jump on profit beat, Musk’s prediction of at least 20% ‘vehicle growth’ next year

Alex Hales09 mins

Tesla CEO and X owner Elon Musk speaks during an unveiling event for Tesla products in Los Angeles, California, U.S. October 10, 2024 Source: Tesla | Youtube Tesla reported third-quarter earnings Wednesday that topped analysts’ estimates even as revenue came in just shy of expectations. The stock popped 12% in extended trading. Here’s what the…

Read More
European Union votes to impose tariffs on Chinese electric vehicles

European Union votes to impose tariffs on Chinese electric vehicles

Alex Hales07 mins

Employees work on an electric vehicle (EV) production line at the Leapmotor factory in Jinhua, China’s eastern Zhejiang province on September 18, 2024. Adek Berry | Afp | Getty Images The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive countervailing…

Read More