Tag #Electric Vehicles

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pt.euronews.com

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Jun 6, 10:12

Tesla Stock Plummets \$150 Billion After Musk-Trump Feud

Tesla's stock plunged 14% in three hours on Thursday, losing \$150 billion in market value after a public feud between Elon Musk and former President Trump, who threatened to cut government contracts with Musk's companies, including SpaceX and potentially Tesla.

Tesla Stock Plummets \$150 Billion After Musk-Trump Feud

Tesla's stock plunged 14% in three hours on Thursday, losing \$150 billion in market value after a public feud between Elon Musk and former President Trump, who threatened to cut government contracts with Musk's companies, including SpaceX and potentially Tesla.

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How might the threatened cuts to government contracts affect SpaceX and its various projects, including Starlink?

The conflict stemmed from Trump's budget proposal and Musk's claim that Trump wouldn't have been elected without his help. Trump's threat to target government contracts, particularly those held by SpaceX, fueled investor concerns about the future prospects of Musk's ventures.

theguardian.com

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Jun 5, 22:15

Trump-Musk Feud Jeopardizes "One Big Beautiful Bill

A public feud between Donald Trump and Elon Musk erupted over Trump's "One Big Beautiful Bill", which narrowly passed the House and faces Senate challenges due to its $2.4 trillion cost, electric vehicle provisions, and SALT deduction.

Trump-Musk Feud Jeopardizes "One Big Beautiful Bill

A public feud between Donald Trump and Elon Musk erupted over Trump's "One Big Beautiful Bill", which narrowly passed the House and faces Senate challenges due to its $2.4 trillion cost, electric vehicle provisions, and SALT deduction.

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What are the long-term implications of this public feud for American politics and policymaking?

The Trump-Musk feud could have significant long-term implications for the "One Big Beautiful Bill" and the broader political landscape. The Senate's potential rejection of key provisions, such as the increased SALT deduction, could signal broader challenges in passing future legislation. The conflict also raises questions about the reliability of political endorsements and the overall stability of political alliances.

theglobeandmail.com

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Jun 5, 04:10

China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

China Criticizes Canada's EV Tariffs, Warns Against U.S. Alignment

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles, impacting investment and creating a trade war involving retaliatory tariffs on Canadian goods like canola oil and peas; he also warned against Canada's alignment with the U.S. against China, calling it...

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What are the immediate economic consequences for Canada of its high tariffs on Chinese electric vehicles?

China's ambassador to Canada criticized Canada's 100 percent tariffs on Chinese electric vehicles (EVs), stating that these tariffs are deterring Chinese investment in Canada's auto sector, unlike in Europe and Asia. He also warned against aligning with the U.S. against China, calling it an outdated Cold War mentality. China imposed retaliatory tariffs on Canadian goods, including canola oil and peas, in response to Canada's tariffs.

abcnews.go.com

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Jun 5, 22:16

Trump-Musk Feud Erupts Over $3 Trillion Spending Bill

President Trump and Elon Musk are engaged in a public feud after Musk criticized Trump's "One Big Beautiful Bill Act," which is projected to add $3 trillion to the national debt over 10 years; Musk previously supported Trump and the bill but now opposes it due to concerns about the national debt and...

Trump-Musk Feud Erupts Over $3 Trillion Spending Bill

President Trump and Elon Musk are engaged in a public feud after Musk criticized Trump's "One Big Beautiful Bill Act," which is projected to add $3 trillion to the national debt over 10 years; Musk previously supported Trump and the bill but now opposes it due to concerns about the national debt and...

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What factors contributed to the breakdown in the relationship between President Trump and Elon Musk, considering Musk's initial support for Trump and the legislation?

Musk's criticism stems from the bill's projected impact on the national debt, contradicting his previous support for Trump and the bill. His public shift highlights divisions within the Republican party regarding fiscal policy and government spending. The disagreement underscores the tension between economic priorities and political alliances.

forbes.com

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Jun 5, 16:15

U.S. EV Market Projected for Steady Growth Despite Tesla Slump

Despite recent setbacks including a fall in Tesla sales and waning consumer interest, the U.S. EV market is expected to reach 10.8% market share in 2025 and 24% by 2030, according to UBS, although this is dependent on several factors, including the continuation of consumer tax credits and the outcom...

U.S. EV Market Projected for Steady Growth Despite Tesla Slump

Despite recent setbacks including a fall in Tesla sales and waning consumer interest, the U.S. EV market is expected to reach 10.8% market share in 2025 and 24% by 2030, according to UBS, although this is dependent on several factors, including the continuation of consumer tax credits and the outcom...

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Climate Action

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What is the projected growth trajectory of the U.S. electric vehicle market, and what factors could significantly influence this growth?

Despite recent challenges, including waning consumer interest and Tesla's sales decline, the U.S. EV market is projected to grow steadily, reaching a 10.8% market share in 2025 and potentially 24% by 2030. This growth is contingent upon factors such as the continuation of consumer tax credits and the outcome of legal challenges to emissions regulations.

nos.nl

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Jun 5, 19:14

Cargo Ship Fire Off Alaska Coast: 22 Crew Rescued

A fire erupted on the Morning Midas cargo ship, carrying 3,000 vehicles (800 electric), 22 crew members were safely rescued near the Aleutian Islands while en route from Yantai, China, to Lázaro Cárdenas, Mexico; the cause is under investigation.

Cargo Ship Fire Off Alaska Coast: 22 Crew Rescued

A fire erupted on the Morning Midas cargo ship, carrying 3,000 vehicles (800 electric), 22 crew members were safely rescued near the Aleutian Islands while en route from Yantai, China, to Lázaro Cárdenas, Mexico; the cause is under investigation.

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Life Below Water

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What long-term implications might this incident have on maritime regulations and safety standards for transporting electric vehicles?

This incident raises concerns about potential future maritime safety regulations concerning the transportation of electric vehicles. Further investigation into the cause of the fire is crucial to inform preventative measures and mitigate similar incidents, potentially involving improved fire suppression systems or stricter cargo handling procedures.

abcnews.go.com

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Jun 6, 22:12

AESC Halts $1.6 Billion South Carolina Factory Amidst Policy Uncertainty

AESC, a Japanese battery maker, has paused construction on a $1.6 billion South Carolina factory due to "policy and market uncertainty," primarily concerning potential losses of federal tax breaks and tariffs, though BMW maintains its 2026 opening schedule; South Carolina is heavily investing in EV ...

AESC Halts $1.6 Billion South Carolina Factory Amidst Policy Uncertainty

AESC, a Japanese battery maker, has paused construction on a $1.6 billion South Carolina factory due to "policy and market uncertainty," primarily concerning potential losses of federal tax breaks and tariffs, though BMW maintains its 2026 opening schedule; South Carolina is heavily investing in EV ...

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What are the immediate economic consequences of AESC's construction halt on South Carolina, considering the planned job creation and investment?

AESC, a Japanese battery manufacturer, has temporarily halted construction of a $1.6 billion factory in South Carolina due to policy and market uncertainties, primarily concerning potential loss of federal tax breaks and tariff issues. This pause affects the planned supply of batteries to BMW's new assembly site, though BMW maintains its 2026 opening schedule.

forbes.com

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Jun 5, 22:16

Trump Threatens Musk After Public Criticism of $2.4 Trillion Spending Bill

President Trump threatened to revoke Elon Musk's government contracts after Musk publicly criticized Trump's signature policy bill, a $2.4 trillion spending plan that includes extending Trump's 2017 tax cuts and increasing border security, causing a very public feud between the two.

Trump Threatens Musk After Public Criticism of $2.4 Trillion Spending Bill

President Trump threatened to revoke Elon Musk's government contracts after Musk publicly criticized Trump's signature policy bill, a $2.4 trillion spending plan that includes extending Trump's 2017 tax cuts and increasing border security, causing a very public feud between the two.

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How does Elon Musk's past stance on eliminating the EV tax credit affect his current criticism of Trump's bill?

Musk's opposition to the bill centers on its projected increase in the national debt. He previously supported eliminating EV tax credits, a key element of the bill. This conflict highlights the tension between Trump's fiscal policies and concerns about rising government spending. The feud has implications for the bill's future, considering Musk's influence and the political climate.

forbes.com

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Jun 5, 13:14

Tesla Stock Surges 20% on Musk's Return and Robotaxi Potential

Tesla stock increased nearly 20% last month due to Elon Musk's return of focus to Tesla after resigning from a government position and the potential launch of its robotaxi service in Austin, Texas, this month; however, the company faces challenges from competitors and market uncertainty.

Tesla Stock Surges 20% on Musk's Return and Robotaxi Potential

Tesla stock increased nearly 20% last month due to Elon Musk's return of focus to Tesla after resigning from a government position and the potential launch of its robotaxi service in Austin, Texas, this month; however, the company faces challenges from competitors and market uncertainty.

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How does Elon Musk's influence, beyond his direct role at Tesla, impact the company's prospects?

Musk's renewed focus on Tesla, coupled with his sustained influence within the Trump administration (evidenced by associates leading NASA and the Air Force), positions Tesla favorably. The potential launch of Tesla's robotaxi service in Austin, Texas, this month presents a significant new revenue stream, estimated to reach $750 billion.

mk.ru

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Jun 5, 16:15

Cargo Ship Fire in Pacific Ocean Highlights Risks of Shipping Electric Vehicles

The 180-meter cargo ship Morning Midas caught fire 480 kilometers southwest of Adak Island, Alaska, on Wednesday; all 22 crew members were rescued, but the ship, carrying 3,000 vehicles (including 800 electric cars) from Yantai, China to Lazaro Cardenas, Mexico, is now adrift.

Cargo Ship Fire in Pacific Ocean Highlights Risks of Shipping Electric Vehicles

The 180-meter cargo ship Morning Midas caught fire 480 kilometers southwest of Adak Island, Alaska, on Wednesday; all 22 crew members were rescued, but the ship, carrying 3,000 vehicles (including 800 electric cars) from Yantai, China to Lazaro Cardenas, Mexico, is now adrift.

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What are the immediate consequences of the fire on the Morning Midas cargo ship, and what are the implications for global trade?

On Wednesday, the 180-meter cargo ship Morning Midas caught fire approximately 480 kilometers southwest of Adak Island, Alaska. All 22 crew members were safely evacuated to a nearby vessel. The ship was carrying 3,000 vehicles, including roughly 800 electric cars, en route from Yantai, China to Lazaro Cardenas, Mexico.

news.sky.com

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Jun 5, 16:15

Sky News Launches Free Money Newsletter

Sky News launches a free weekly Money newsletter offering financial tips, exclusive content, and economic analysis, starting this Friday with advice on holiday bookings and ketchup taste tests.

Sky News Launches Free Money Newsletter

Sky News launches a free weekly Money newsletter offering financial tips, exclusive content, and economic analysis, starting this Friday with advice on holiday bookings and ketchup taste tests.

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How does the newsletter's content address the current economic climate?

This newsletter launch leverages Sky News's established Money blog, expanding its reach and providing valuable financial insights to a wider audience during times of economic uncertainty. The newsletter will feature expert analysis and popular features.

french.china.org.cn

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Jun 4, 07:10

China's Motorcycle Exports to Africa Surge, Driving Economic Growth and Technological Collaboration

In 2024, Chongqing, China exported over 5 million motorcycles valued at $2.84 billion, with Zonsen Motorcycle exporting over 130,000 units to Africa in Q1 2025; this surge is driven by affordability and suitability for African terrains, fostering Sino-African manufacturing partnerships and promoting...

China's Motorcycle Exports to Africa Surge, Driving Economic Growth and Technological Collaboration

In 2024, Chongqing, China exported over 5 million motorcycles valued at $2.84 billion, with Zonsen Motorcycle exporting over 130,000 units to Africa in Q1 2025; this surge is driven by affordability and suitability for African terrains, fostering Sino-African manufacturing partnerships and promoting...

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What is the economic impact of China's motorcycle exports to Africa, and how does this impact local economies?

Chongqing, China exported over 5 million motorcycles in 2024, totaling $2.84 billion. Zonsen Motorcycle, a Chongqing-based company, exported over 130,000 units to Africa in the first quarter of 2025, valued at $90 million. This highlights the growing demand for affordable, durable motorcycles in Africa for transportation and commerce.

Showing 61 to 72 of 980 results