TSLA Jun 2024 143.330 put
- Yahoo Finance
Elon Musk talks Mars, AI, and threats to civilization — but not a word of Tesla
The Tesla CEO avoided any mention of his car company or X, formerly known as Twitter, in a highly anticipated chat at the Milken conference.
- 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.
- Reuters
Exclusive-China's Nio turns to rival BYD to power new EV brand, sources say
China electric vehicle maker Nio has struck a deal with larger rival BYD to source batteries for an EV brand priced at a lower range that aims to compete with Tesla, three sources with direct knowledge of the matter said. It also shows the impact of unrelenting competition over the price of new EVs in China's market, and batteries, the largest single cost in a new vehicle. Nio, which launched as a start-up a decade ago, had intended to produce batteries in-house but abandoned those plans in December as it shifted its focus to cutting costs to reverse losses.
