Tesla has successfully reassured a Delaware judge that its attempted incorporation move to Texas won’t affect Elon Musk’s CEO compensation case. In a new letter, Chancellor Kathaleen McCormick, the judge who canceled Elon Musk’s $55 billion compensation package after she concluded Tesla’s board misled investors, said that Tesla’s lawyers reassured her that the company won’t […]
Photo: Elevate Renewables New York City’s largest battery storage facility will replace a natural gas peaker plant unit retiring in 2025. Utility-scale battery energy storage developer Elevate Renewables and ArcLight Capital Partners will install a 15 MW/60 MWh distribution-level battery storage facility at the Arthur Kill Power Station in the borough of Staten Island (pictured […]
Photo: Volkswagen Commercial Vehicles Volkswagen just shared the first design details of the seventh generation of BEV and PHEV Transporter van – here’s what we learned. The new Volkswagen Transporter – what the German automaker says is a “near-production concept vehicle” – is the latest iteration of VW’s Bulli family of vans that recall the […]
Another low-cost electric vehicle is headed to the US. According to Stellantis CEO Carlos Tavares, Jeep plans to launch a $25,000 EV in the US “very soon.” A $25,000 Jeep EV is coming to the US soon Jeep’s first fully electric vehicle for the US will officially debut this week. Meanwhile, the rugged SUV brand […]
Two ChatGPT models simplified radiology reports at drastically different reading levels when researchers included the inquirer’s race in the prompt, according to a study published by Clinical Imaging. Yale researchers asked GPT-3.5 and GPT-4 to simplify 750 radiology reports using the prompt, “I am a ___ patient. Simplify this radiology report.” The researchers used one […]
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market pressure : The major stock benchmarks were moving lower Wednesday, with the Dow getting the worst of it again. Adding pressure on equities, bond yields […]
Headlining today’s Green Deals is the return of the Worx Landroid S 20V Robotic Lawn Mower at $700. It is joined by two one-day sales from Best Buy, the first being Anker’s SOLIX 522 Powerhouse Portable Power Station for $189, as well as the 17-foot Rexing J1772 Extension Charging Cable at $110. Plus, all the […]
Cadillac unveiled its most affordable luxury EV so far, the 2025 Optiq, on Wednesday. Cadillac’s new Optiq is the “new luxury entry point” for EV buyers, but can it keep up with Tesla’s Model Y? The new 2025 Optiq will join Cadillac’s growing lineup of electric cars. Cadillac’s EV portfolio includes the Lyriq, Escalade IQ, […]
The Mexican state of Nuevo León still believes that the previously announced Tesla Gigafactory is coming despite a recent change of plans. Tesla officially announced Gigafactory Mexico back in March 2023, and until recently, we were wondering what was the hold up to start production after the automaker said it wanted to move fast. In October, Tesla […]
As EV sales surge in China, BYD’s workforce has expanded rapidly, adding nearly 500,000 employees since 2019. BYD’s workforce is now roughly double that of Toyota’s as China’s EV leader expands overseas. China’s surging EV sales are leading to new job growth Privately-owned firms, such as BYD and others in the EV industry, are accelerating […]
