Berkeley Council Considers Banning Most Gas, Diesel Car Sales By 2027
Looking to cut greenhouse gas emissions, leaders in Berkeley are seeking to sharply reduce the number of gas and diesel vehicles sold in the city.
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Looking to cut greenhouse gas emissions, leaders in Berkeley are seeking to sharply reduce the number of gas and diesel vehicles sold in the city.
Tesla Inc. is balking at recalling about 159,000 vehicles with potentially defective touch screens, so U.S. safety regulators are moving to force the Bay Area-based electric car company to take action.
Elon Musk, CEO of Bay Area electric carmaker Tesla, edged past Amazon founder Jeff Bezos to grab the title of world's richest person.
Shares of the Bay Area-based electric carmaker fell more than 5% in early trading Monday, dipping along with the broader market because of concerns about a new variant of Covid-19 and some disappointment over the relatively small stimulus deal reached in Washington.
The market value of the electric car maker, led by Elon Musk, has soared to around $600 billion, making it the largest company ever to be added to the S&P 500.
Tesla said Tuesday it is looking to raise up to $5 billion in capital through a stock offering. The announcement came on the same day CEO Elon Musk said he has moved his home to Texas from California.
Police in Fremont have released the results of a pilot program involving a Tesla added to its fleet, saying the electric vehicle can withstand the rigors of police use, while requiring less maintenance.
Bay Area electric car manufacturer Tesla will join the S&P 500 Index, effective December 21, according to a Monday announcement from S&P Global.
Tesla has become the most valuable and (by some measures) the most profitable automaker in the world. But a short while ago, the Bay Area based manufacturer of electric vehicles nearly toppled into bankruptcy.
Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter.
Bay Area electric vehicle maker Tesla's third-quarter sales jumped 44% as global demand for its vehicles outpaced that of most other automakers.
On Monday, Wheeler sent Newsom a letter questioning how the state could add millions of electric vehicles despite having "a record of rolling blackouts."
Uber plans to offer rides exclusively in electric vehicles by 2030 in US, Canadian and European cities, and be entirely free of emissions by 2040.
Elon Musk is worth $96 billion, making him the fourth-richest man in the world.
The city of Richmond announced a partnership late last week with the company Volta Charging to place electric vehicle charging stations near the Richmond BART station parking garage at no taxpayer cost.
Tesla has filed suit in a California court against its potential rival Rivian, alleging that the Michigan-based electric truck maker poached its employees and instructed at least one employee to steal trade secrets.
Tesla is trying to assure its 55,000 employees that there hasn't been a big coronavirus outbreak at company facilities worldwide.
Tesla is scrapping plans for a bargain Model Y SUV because of its short range on a single charge, CEO Elon Musk said.
At the end of May Tesla granted CEO Elon Musk stock options worth $1.8 billion today. Now, the Bay Area electric car company is about to do that again.
Tesla says it delivered more electric vehicles worldwide in the second quarter than it did in the first.
Elon Musk's Bay Area-based electric car business exceeds the value of almost every company in the S&P 500, including some iconic American companies.
J.D. Power released its annual quality study and it's terrible news for Bay Area-based Tesla.
Electric automaker Tesla has dropped its lawsuit against Alameda County over the shelter in place order that shuttered its factory in Fremont.
Tesla has picked Austin, Texas, and Tulsa, Oklahoma, as finalists for its new U.S. assembly plant, a person briefed on the matter said Friday.
Tesla's stock price dropped sharply Friday, minutes after CEO Elon Musk tweeted "Tesla stock price is too high, IMO."
