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Apr 18 2024
News
Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi
April 18 (Reuters) - Tesla shares (TSLA.O) fell to their lowest in more than a year on Thursday after Deutsche Bank raised concerns over the electric automaker's increasing focus on its autonomous vehicle products when profit is under pressure. The Elon Musk-led company's shares fell 2.7% to $151.26 after the brokerage downgraded the stock to "Hold" and cut its price target to $123 from $189.
ReutersApr 18 2024
News
A century-old Phoenix energy industry company is going public
Centuri Holdings, with corporate roots dating back before statehood, became Arizona's newest public company following its separation from parent company Southwest Gas in an April 17 stock sale. Centuri provides infrastructure maintenance and construction for utility companies, mainly in natural gas and electricity, but with more recent forays into solar, wind and other renewable energy sources
AZ CentralJan 27 2022
Analysis
The US Refuses to Fall in Love With Electric Cars
IN DECEMBER 2021, sales of electric vehicles overtook sales of diesel cars for the first time in Europe, as 176,000 EVs rolled out of car dealerships across the continent. At the same time in China, the country’s automotive industry announced that EV sales for the year had ballooned by 158 percent compared with 2020, as more than 3.5 million vehicles took to the roads.
These sales
WiredApr 17 2024
News
Ford recalls 456,000 Broncos, Mavericks that may lose power, raising crash risks
NEW YORK — Ford is recalling more than 456,000 Bronco Sport and Maverick vehicles due to a battery detection issue that can result in loss of drive power, increasing crash risks. According to documents published by the National Highway Traffic Safety Administration, the body and power train control modules for these cars may fail to detect changes in battery charge. And when undetected, a low
NPR Fact CheckApr 17 2024
News
3rd federal trial for former Philadelphia union boss John Dougherty underway
READING, Pa. (CBS) -- The latest federal trial for former Philadelphia electricians union boss John Dougherty is underway. A jury has been selected, opening statements were read and testimony began on Wednesday. The trial is the third for Dougherty, the former International Brotherhood of Electrical Workers Local 98 boss, in as many years. This time, Dougherty and his nephew, Greg Fiocca, are
CBS News (Online)Apr 17 2024
News
Report: Communications breakdown exacerbated Maui fire’s impact
By Jennifer Sinco Kelleher, Rebecca Boone and Claudia Lauer | Associated Press HONOLULU — As wildfires ripped across Maui last August, the head of the emergency management agency dragged his heels about returning to the island amid the unfolding crisis, while a broad communications breakdown left authorities in the dark and residents without emergency alerts, according to a report released
San Jose Mercury NewsApr 17 2024
News
A new report on the Maui wildfires cites communications breakdowns
A new report on the Maui wildfires cites communications breakdowns HONOLULU — As wildfires ripped across Maui last August, the head of the emergency management agency dragged his heels about returning to the island amid the unfolding crisis, while a broad communications breakdown left authorities in the dark and residents without emergency alerts, according to a report released Wednesday.
NPR Fact CheckApr 16 2024
News
Tesla Breaks Down. So Do Baidu, Sirius XM, NIO And Xpeng
Selling is not a new feature for Tesla stock, but the recent break below a previously established support level is significant. The electric vehicle manufacturer with the peculiar and annoying CEO has been selling off for weeks but today it broke down below a key support level. That’s a level where buyers had previously jumped in and enjoyed the gains that followed. That sellers now have
ForbesMar 31 2023
News
Many electric vehicles to lose big tax credit with new rules
Fewer new electric vehicles will qualify for a full $7,500 federal tax credit later this year, and many will get only half that, under rules proposed Friday by the U.S. Treasury Department.
The rules, required under last year’s Inflation Reduction Act, are likely to slow consumer acceptance of electric vehicles and could delay President Joe Biden’s ambitious goal that half of new
Associated PressApr 17 2024
News
Internet data centers are fueling drive to old power source: Coal
Warning: This graphic requires JavaScript. Please enable JavaScript for the best experience. CHARLES TOWN, W.Va. — A helicopter hovers over the Gee family farm, the noisy rattle echoing inside their home in this rural part of West Virginia. It’s holding surveyors who are eyeing space for yet another power line next to the property — a line that will take electricity generated from coal plants
Washington Post