90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
The bulk of Americans buying qualifying new electric vehicles are opting to receive an associated tax credit upfront from the…
Hike tariffs on Chinese EVs, Senate Democrats urge Biden administration
Three Senate Democrats from auto manufacturing states on Thursday urged the Biden administration to hike import tariffs on Chinese electric…
U.S. Treasury team heads to China to talk subsidies, economic policies
The Biden administration has sent five senior U.S. Treasury officials to Beijing this week for economic talks that will include China’s “non-market” policies that are adding excess industrial capacity,…
Elon Musk’s $56 billion Tesla compensation voided by judge, shares slide
A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company’s…
The ‘No. 1 question’ Ark Invest’s Cathie Wood gets on her website
The most popular question on Ark Invest’s website has nothing to do with investing in the U.S., according to the…
Pence echoes Trump, links UAW strikes to Biden EV push: ‘Good for Beijing, bad for Detroit’
Former Vice President Mike Pence argued Tuesday that the Biden administration’s push toward electric vehicles was to blame for the…
Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more
Check out the companies making headlines in midday trading. Carvana — Shares soared 10% in midday trading. The company said…
Stocks making the biggest moves midday: Pfizer, Lucid, WSFS Financial and more
Check out the companies making headlines in midday trading. Lucid Group — Lucid shares jumped 9% after the electric-vehicle maker…
