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Hertz earnings hit by wariness over EVs

Nov 12, 2024
Some car renters, used to gas vehicles, don’t know how to charge electric vehicles or how much they'll cost to rent.
Hertz's bet on electric vehicles hasn't paid off.
Rodin Eckenroth/Getty Images for Hertz

California lawmakers drive solutions for EV battery recycling

Sep 27, 2024
As the market matures, used EV batteries will start piling up. New standards might encourage changes in manufacturing.
Now that more electric vehicles are on the road, the challenges of recycling their components are getting more attention.
Mario Tama/Getty Images

What's putting the brakes on demand for EVs?

Jul 29, 2024
Tesla announced its auto revenues are down, and GM is delaying a new electric truck manufacturing plant.
Production of additional lower-cost electric vehicles could help boost domestic EV sales.
Justin Sullivan/Getty Images

Just what is the 'Magnificent Seven' and why is everyone talking about them?

Jul 23, 2024
These seven tech companies have an outsize influence on the stock market.
The Magnificent Seven refers to seven tech companies that have an outsize influence on the stock market — and are named for the 1960 Western flick.
Wikimedia Commons

Texas' high tech sector buzzes along amid industry downturn

May 22, 2024
High tech represents nearly 5% of state GDP and more than 9% of employment. What makes the state's sector so resilient?
Charging stations at Tesla's corporate headquarters in Austin. High tech jobs have flourished around Austin, thanks to investments from companies like Tesla.
Brandon Bell/Getty Images

Tesla laid off almost everyone that built its EV charging network

May 2, 2024
That network is in the process of opening to other car companies, so what does this move mean for drivers — and the industry?
The team behind Tesla's charging network was slashed, even after multiple carmakers announced deals with Tesla to adopt its charging system.
Brandon Bell/Getty Images

What to expect from Tesla ahead of quarterly results

Apr 23, 2024
The company reports after the bell on Tuesday.
Tesla once dominated the now-crowded EV market.
Brandon Bell/Getty Images

For public good, not for profit.

Tesla cuts more than 10% of global workforce as challenges mount

Apr 15, 2024
The electric vehicle maker faces softening demand and intense competition on prices, and earlier price cuts have not sufficiently jolted sales.
Tesla’s deliveries dropped by 8.5% in the first quarter, making it the first decline in four years.
Brandon Bell/Getty Images

Why do so many companies incorporate in Delaware?

Feb 2, 2024
More than two-thirds of the Fortune 500 are incorporated in the First State, but Texas is gunning for a share of that.
The state flag of Delaware, where roughly two-thirds of Fortune 500 companies are incorporated.
WilliamSherman/Getty Images

Tesla sacrifices to stay ahead of rivals in EV race

Oct 16, 2023
For the first time, the electric vehicle maker's market share is under 50%.
Tesla reduced prices in the past year, putting roadblocks in the path of traditional carmakers competing in electric vehicles. Tesla's upcoming quarterly results may show whether its revenue has suffered.
John Keeble/Getty Images