Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
Electric Vehicle Charging Tax Credits Will Be Available in Much of Country
Biden administration officials opted to make a broad set of locations eligible for the tax credits, covering much of the country outside of major cities.
Flush With Investment, New U.S. Factories Face a Familiar Challenge
Worries are growing in Washington that a flood of Chinese products could put new American investments in clean energy and high-tech factories at risk.
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.
Tesla Sales Rebound After Steep Price Cuts
The leading electric-vehicle maker also drew buyers eager to take advantage of government incentives that will be harder to get in 2024.
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.
Clean Energy Tax Credits Leave the Door Open to Chinese Investment
The Treasury Department pledged to carefully scrutinize foreign investments in the United States for national security threats.
Europe and Asia React to U.S. Push for Tech and Clean Energy
Other governments, particularly in Europe, are trying to counter the Biden administration’s industrial policies with their own incentives.
U.S. to Limit China’s Ability to Benefit From Electric Vehicle Industry
The Biden administration issued new rules to prevent Chinese firms from supplying parts for electric cars set to receive billions of dollars in tax credits.
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.