Hertz Sells 20,000 Electric Cars After Being Burned by Tesla’s Price Cuts
The rental car company blamed the sharp drop in the value of electric vehicles and higher repair costs for its decision to sell 20,000 cars.
As Utility Bills Rise, Low-Income Americans Struggle for Access to Clean Energy
The Biden administration has deployed various programs to try to increase access to clean energy. But systems that could help lower bills are still out of reach for many low-income households.
U.S. Carbon Emissions Fell in 2023 as Coal Use Tumbled to New Lows
The drop was big, but emissions would need to fall three times as fast for the rest of the decade if the country wants to meet its climate goals.
Electrify All the Big, Noisy, Belching Trucks
President Biden seems nervous about sealing a deal that would improve the health and quality of life of millions of Americans through a stricter rule on truck emissions.
Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Purchases of popular models like the Tesla Model 3 and the Ford Mustang Mach-E may no longer entitle buyers to tax savings because the cars do not meet tougher sourcing requirements.
Elon Musk and Other DealBook Summit Highlights
Artificial intelligence, antisemitism, the 2024 presidential election, war in the Middle East and other big topics that made headlines at this year’s DealBook Summit.
U.S. Debates How Much to Sever Electric Car Industry’s Ties to China
Some firms argue that a law aimed at popularizing electric vehicles risks turning the United States into an assembly shop for Chinese-made technology.
Happy Thanksgiving, Hermit Billionaires!
There is always something to be grateful for.
Biden’s Electric Car Problem
Examining the real effect of a law meant to supercharge the production and sale of electric vehicles.
The Rise and Fall of the U.S.-China Economic Partnership
China and the U.S. both gained from their economic integration. As they pull apart, each is finding it will be hard to fully replace the other.