But CEO Elon Musk pledged to post net profits in future quarters, and on a conference call, he apologized to two analysts he cut off on the company’s first-quarter call. Telsa’s shares jumped 9.3 percent to $328.85 in after-hours trading.
The Trump administration on Thursday unveiled its long-awaited proposal to dramatically weaken an Obama-era regulation designed to limit vehicle emissions, which contribute to climate change.
If the name Harley Davidson conjures up images in your head of leather-clad biker gangs flying down a desert highway while spewing exhaust from their loud chrome pipes, then perhaps you’d better think again.
Oil gained more than 20 percent in the first half of 2018, and odds have been rising that higher crude oil prices will spark the next economic downturn.
Oil prices could spike as high as $200 per barrel over the next 18 months, which would cause an “economic crash of horrible proportions,” according to a new report.
With the Trump administration set to weaken Obama-era fuel economy standards for passenger cars and trucks, a chasm is opening between red and blue states.
Pushed by the tweeter-in-chief, Saudi Arabia has executed a supertanker-size U-turn, pushing barrels back onto the market.
Germany has said 1,050 owners of the Tesla Model S must forgo a 2,000 euro electric car subsidy because the value of their vehicles surpasses an eligibility threshold.
Automakers are crying foul after the Trump administration demanded information about their operations — including what some say is sensitive, proprietary information — as part of an investigation into whether to raise taxes on imported autos and auto parts.