Later this week President Joe Biden puts the final touches on a major win for his administration, signing the Inflation Reduction Act (IRA) into law. Among a number of initiatives in the $700 billion package are huge investments in new climate initiatives like rebate programs for energy efficient appliances and retrofits, production tax credits and provisions for battery and solar cell manufacturers, and most importantly for the automakers, as tax credits for new and used electric vehicles.
(Bloomberg) -- Twitter Inc. was ordered to hand over files from its former consumer product head to Elon Musk on spam and bot accounts the billionaire has cited in seeking to abandon his $44 billion purchase of the social media company. Most Read from BloombergSaudi Billionaire Made $500 Million Russia Bet at War Onset‘Next Generation’ Moderna Coronavirus Booster Jab Approved for Use in AdultsWells Fargo Plans Major Retreat From Mortgage Business It Long DominatedThese Six Cities Are Emerging as
(Bloomberg) -- Elon Musk is among the guests at a Wyoming event hosted by House GOP leader Kevin McCarthy the same day that Representative Liz Cheney faces a likely primary loss to a challenger backed by the Republican establishment, according to a person familiar with the plans.McCarthy refused to confirm or deny Musk’s attendance. “I am not going to talk about that,” he said in a telephone interview from his hotel room in Teton Village, Wyoming. Tesla didn’t respond to a request for comment ab