April 2022

California considers refocusing EV incentives toward low-income “gasoline superusers”

California is considering targeting its EV incentives toward low-income drivers who use an outsized amount of fossil fuels. The California Assembly Transportation Committee last week passed a bill, AB 2816—reported by Green Car Congress—that directs the California Air Resources Board (CARB), the state emissions regulator, to base… Source: Green Car Reports Read More

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FCC Commissioner rejects request to block Elon Musk’s acquisition of Twitter

Federal Communications Commission (FCC) Commissioner Brendan Carr has rejected a request from the Open Markets Institute (OMI) to block Tesla and SpaceX CEO Elon Musk’s purchase of Twitter. Carr’s rejection of the OMI’s request was quite strong, with the official stated that the group’s suggestions were “absurd.”  Following Musk’s deal with the Twitter board on

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2023 Polestar 2 gets improved range, fresh colors and wheels

The 2023 Polestar 2 gets a handful of updates for the new model year, including fresh colors and wheels. Polestar also claims range improvements and a lower carbon footprint from the use of renewable energy in the manufacturing process. The new exterior colors are Space and Jupiter, which Polestar describes as “metallic black” and “gold-grey

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Tesla’s EVs still have great financing deals compared to rivals, even with recent price increases

Tesla’s electric vehicles are premium-priced, but their financing deals make them quite compelling against their rivals in the EV market. In a way, Tesla’s financing deals involve interest rates that could end up undercutting the costs of rival EVs by a notable degree. A look at Tesla’s online payment calculator would show that the Texas-based

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Amid Elon Musk’s buyout, Twitter blows past Q1 2022 forecasts for user growth

With Twitter agreeing to a takeover by Tesla CEO Elon Musk on Monday, the social media company canceled its scheduled Q1 2022 earnings call. Still, Twitter released its first-quarter 2022 results.   As per the social media company, its first-quarter revenue was $1.20 billion, up 16% year-over-year. Net income was listed at $513 million, which represents

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