BREAKING NEWS
What to know about Trump's first executive actions on climate and environment
Read full article: What to know about Trump's first executive actions on climate and environmentPresident Donald Trumpās first week in office included a flurry of executive orders with implications for Earthās climate and environment.
Senate deal should make it easier to buy electric vehicles
Read full article: Senate deal should make it easier to buy electric vehiclesThe surprise deal by Senate Democrats on a pared-down bill to support families, boost infrastructure and fight climate change is likely to jump-start sales of electric vehicles.
U.S. auto sales fall in Q1 as chip shortage slows factories
Read full article: U.S. auto sales fall in Q1 as chip shortage slows factoriesU.S. new-vehicle sales fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.
Tesla posts net profit for fifth straight quarter
Read full article: Tesla posts net profit for fifth straight quarterDETROIT ā Tesla charged through a summertime auto industry sales slump in the U.S. to post stronger-than-expected net earnings for the third quarter. Excluding special items such as stock-based compensation, Tesla made 76 cents per share, beating Wall Street estimates of 57 cents. The third-quarter profit was more than double the same period a year ago, when Tesla made $143 million. Through the first nine months of this year, Tesla has made $451 million and appears headed toward its first annual profit. Musk said Tesla is starting slowly in order to be safe, gathering data on rare traffic cases that can't be anticipated.
Tesla's still bleeding money and now its stock is dropping too
Read full article: Tesla's still bleeding money and now its stock is dropping tooCNN imagePALO ALTO, Calif. - Even after delivering a record number of cars in its second quarter, Tesla is still bleeding money. The loss was slightly less painful than the previous quarter, in which Tesla lost $702 million. The company attributed its performance to record vehicle delivery numbers of more than 95,000 cars. That was up nearly 5% from the previous record in the fourth quarter of 2018. Compared to the previous quarter's report, Tesla did not share revenue growth projections for its "energy generation and storage" or "services and other businesses" divisions.