TSLA Jun 2024 810.000 call
- Yahoo Finance
New EV tax credit rules mean cars with Chinese materials won't qualify — but there's a catch
New rules from the Treasury Department will make it harder for vehicles to qualify for the federal EV tax credit, though the automakers were also granted a reprieve.
- Fortune
Elon Musk urges investing legend Warren Buffett to buy a stake in Tesla: ‘It’s an obvious move’
Tesla investors have long prayed that the Berkshire Hathaway icon would bless their totemic CEO with an investment in his EV company rather than back rival BYD.
- Reuters
Tesla lays off more staff in software, service teams, Electrek reports
The move comes after the Elon Musk-led automaker disbanded its EV charging department following Tesla's announcement last month that it was reducing its global workforce by more than 10%. Tesla, whose shares were up more than 1%, did not immediately respond to a Reuters request for comment. Tesla has been under pressure from dropping sales and an intensifying price war among automakers as elevated interest rates have slowed the adoption of electric vehicles.
