Latest Tesla Inc News

The Latest: Nevada to disburse $5 million in vaccine effort

Jun. 17, 2021 20:45 PM EDT

LAS VEGAS — Nevada is distributing $5 million in cash prizes to residents who have been vaccinated as part of an effort to encourage more people to get shots. Gov. Steve Sisolak said Thursday that the new “Vax Nevada Days” initiative provided skeptics one more...

Electric vehicle company picks Oklahoma for assembly plant

Jun. 17, 2021 11:49 AM EDT

PRYOR, Okla. (AP) — Los Angeles-based electric vehicle company Canoo announced Thursday it has selected Pryor, Oklahoma, for its U.S. manufacturing facility, which is expected to employ 2,000 people. The company plans to build its factory on a 400-acre campus at the...

Get a jab, win a condo: Hong Kong tries vaccine incentives

Jun. 17, 2021 01:52 AM EDT

HONG KONG (AP) — Like many in Hong Kong, Jason Chan had no immediate plans to get vaccinated against COVID-19. For the finance professional, there seemed to be no pressing need, with travel restrictions still in place and no major outbreak at home. But Chan had a change...

GM, Ford outdo each other with electric vehicle investments

Jun. 16, 2021 15:21 PM EDT

DETROIT (AP) — General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch from gasoline to the new technology. The announcements Wednesday came as crosstown rival Ford said...

Editorial Roundup: U.S.

Jun. 16, 2021 12:25 PM EDT

Excerpts from recent editorials in the United States and abroad: June 15 The Guardian on U.S. President Joe Biden, China and Europe: It is 50 years next month since Henry Kissinger embarked on the secret mission to Beijing that...

Spain hopes to jumpstart electric car industry with EU funds

Jun. 16, 2021 11:51 AM EDT

BARCELONA, Spain (AP) — Daniel Sánchez is one of the luckier electric car owners in Spain. With a free recharging station less than a kilometer from his home just north of Barcelona, he can keep his Tesla ready to roll. “I cannot imagine stopping at a gas station...

Battery recycling firm to expand operations in Nevada

Jun. 15, 2021 21:01 PM EDT

RENO, Nev. (AP) — A battery recycling company founded by a former executive at Tesla Inc. broke ground on 100 acres (40 hectares) of land at an industrial park near Reno as part of its expansion plan. Redwood Materials, which was founded in Nevada in 2017, is expecting...

Leak of billionaires' tax data draws GOP outcry over privacy

Jun. 10, 2021 17:12 PM EDT

WASHINGTON (AP) — Republicans in Congress are alarmed by the leak of confidential IRS data to the investigative news organization ProPublica, enabling it to reveal that famous billionaires including Warren Buffett, Bill Gates and Mark Zuckerberg paid little in U.S. income tax at times. A...

Hong Kong opens vaccine drive to children aged 12 and older

Jun. 10, 2021 04:44 AM EDT

HONG KONG (AP) — Hong Kong will allow children age 12 and above to receive the Pfizer coronavirus vaccine as it seeks to boost immunization rates in the city. Government officials said Thursday they will offer the vaccine to about 240,000 children from 12 to 15 years...

ProPublica: Many of the uber-rich pay next to no income tax

Jun. 08, 2021 15:17 PM EDT

WASHINGTON (AP) — The rich really are different from you and me: They’re better at dodging the tax collector. Amazon founder Jeff Bezos paid no income tax in 2007 and 2011. Tesla founder Elon Musk’s income tax bill was zero in 2018. And financier George Soros went...