Wall Street opened sharply higher on Tuesday, with investor sentiment lifted by signs of a temporary pause in the escalating conflict between Israel and Iran. The Dow Jones Industrial Average rose over 400 points, while the Nasdaq and S&P 500 also posted strong early gains. The rally follows a U.S.-brokered ceasefire attempt and growing efforts … Continue reading “Live: Dow, Nasdaq Soar as Trump Pressures Israel to Hold Iran Ceasefire, Oil Prices Slide”
Written by Electric Vehicles Magazine
Tesla stock (TSLA) tumbled more than 7% on Tuesday amid escalating tensions between CEO Elon Musk and President Donald Trump. The president renewed threats to slash government funding tied to Musk’s various ventures, including Tesla and private aerospace giant SpaceX. “Elon may get more subsidy than any human being in history,” Trump posted Monday on … Continue reading “Trump Threatens Elon Musk Subsidies, Tesla Stock Nosedives 7%”
Written by Electric Vehicles Magazine
U.S. stock futures jumped Monday after President Donald Trump hinted at scaling back his threat of 100% tariffs on Chinese imports. The announcement followed last week’s sharp market drop, which saw the S&P 500 and Nasdaq fall after Trump warned of canceling his October meeting with President Xi Jinping. Trump posted on Truth Social: … Continue reading “Trump Eases China Trade Threats, U.S. Stocks Jump – iShook Finance”
Written by Electric Vehicles Magazine
Is Elon Musk using the missing $1.4B to fund anti-Tesla protests as part of a massive false flag operation that will give him control of both the police and the courts? There’s absolutely ZERO evidence to support that idea (plus: I just made it up), but it’s 2025 and that means anything goes on today’s bats**t … Continue reading “Elon’s missing billions, Tesla terrorism, bots rig surveys, and a Nissan battery deal”
Written by Electric Vehicles Magazine
If the Trump Administration eliminates the federal EV tax credit, it could have a devastating effect on U.S. manufacturing, a new study warns. Produced by the REPEAT Project, a Princeton University group that analyzes environmental policy, the study found that killing the $7,500 tax credit would reduce EV demand, as well as endanger manufacturing jobs … Continue reading “Study: Trump killing EV tax credits would decimate US industries”
Written by Electric Vehicles Magazine
Inside fossil fuel leaders’ big meetup Energy industry leaders met this week in Houston for the annual CERAWeek conference, which turned into a celebration of all things fossil fuels. U.S. Energy Secretary Chris Wright kicked things off with a promise that the Trump administration will “end the Biden administration’s irrational, quasi-religious” climate policies, while fossil fuel executives … Continue reading “Can clean energy break records despite Trump?”
Written by Electric Vehicles Magazine
With the Trump Administration fully in power and Federal electric vehicle incentives apparently on the chopping block, many fleet buyers are second-guessing the push to electrify their fleets. To help ease their minds, Harbinger is launching the IRA Risk-Free Guarantee, promising to cover the cost of anticipated IRA credits if the rebate goes away. The Inflation … Continue reading “Harbinger guarantees incentive pricing to combat Trump Administration chaos”
Written by Electric Vehicles Magazine
On his first day in office, Trump froze spending from the Inflation Reduction Act and 2021 infrastructure law, pausing the programs that have lent money to major automakers to build EV facilities and have backed the first new U.S. aluminum smelter in decades. Federal judges have ordered the administration to unfreeze those funds, though money … Continue reading “Chart: GOP districts to lose big if Trump halts clean energy factories”
Written by Electric Vehicles Magazine
Photo by Kindel Media on Pexels.com The Trump administration is shutting down EV chargers at all federal government buildings and is also expected to sell off the General Services Administration‘s (GSA) newly bought EVs. GSA, which manages all federal government-owned buildings, also operates the federal buildings’ EV chargers. Federally owned EVs and federal employee-owned personal EVs … Continue reading “Trump to shut down all 8,000 EV charging ports at federal govt buildings”
Written by Electric Vehicles Magazine
Last week’s U.S. Department of Transportation (DOT) announcement placing a freeze on the federal government’s EV charging infrastructure program has already prompted responses from a range of industry interests—including at least one that counts automakers among its membership. In a statement first reported by Reuters, the Electric Drive Transportation Association (EDTA) asked the Trump administration … Continue reading “Automakers want Trump DOT to restart EV charger funding”