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The government wants to raise the price of gas cars by a lot. But in the long run, electric cars are so expensive that gas cars still seem like a better deal.
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The campaign for electric automobiles capitalizes on our nostalgia for American automobile culture, but it's not the same.
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Electric truck maker Nikola revealed late Monday that it was hit with a grand jury subpoena from the Justice Department in September amid accusations that the company has lied about its
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The shift means the British brand will stop producing the roaring 12-cylinder gasoline engines that have made it famous in an effort to become the world's leading sustainable high-end car company.
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As recently as 2019, Tesla was teetering on the edge of bankruptcy.
The revelation came in the form of a tweet from CEO Elon Musk, who spent part of Election Day interacting with fans on the social
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Ferrari’s shares are firing on all cylinders — and its cars will be guzzling gas for the foreseeable future.
The Italian luxury automaker’s shares surged more than 7 percent Tuesday
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Tesla has won its case against a whistleblower who was fired for hacking and transferring company data to a news publication. The electric automaker had filed a lawsuit against former Gigafactory employee Martin Tripp in 2018 after he got caught leaking an exposé to Business Insider. According to the information Tripp leaked, Tesla was shipping …
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Shares of Nikola sank 7 percent on Tuesday after the short-selling research house that alleged the electric truck maker misled investors over its technology said the company had failed to address most of its queries. Nikola has rejected the accusations and threatened to take legal action against short-seller Hindenburg since its research into the company sparked …
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One of Tesla’s main rivals is planning to take legal action against an activist short-seller that accused it of being “an intricate fraud.” Shares of electric automaker Nikola — which like Tesla is named after the 19th-century inventor — were down more than 15 percent Friday afternoon after a report from Hindenburg Research accused founder …
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The newest electric car from Volkswagen has been critically panned by a German auto magazine, which said the vehicle fell short of the world’s largest automaker’s usual standards. In addition to sub-par fit and finish, with “Auto Motor und Sport” describing the inside of the hood as looking “like it was painted with a spray …
The government wants to raise the price of gas cars by a lot. But in the long run, electric cars are so expensive that gas cars still seem like a better deal.
