A coalition of free-market groups accused federal regulators on Tuesday of ignoring evidence that would undermine proposed measures governing automotive sales that stand to enrich a politically-powerful company at consumers’ expense.
A federal judge in Washington, D.C., has ruled that a lawsuit filed by a government watchdog group against the Department of Energy over “political favoritism” within a multi-billion dollar federal green energy loan program can advance.
Tech billionaire and Hillary Clinton donor Elon Musk reportedly chastised an employee for missing a company event to witness the birth of his child.
Tesla, the trendy electric car manufacturer, has announced they’ll be releasing a new model priced at about $35,000. This is a huge drop from the $100,000+ models they’ve manufactured to date.
The media frenzy over the announcement has been near-orgasmic as some (such as Gizmodo.com) are hailing the new, affordable model as being the most significant automotive release since the Model T.
DETROIT (Reuters) – A video that went viral of a burning Tesla electric car has emerged as a public relations nightmare for the company, analysts said Thursday, as the “green car” maker lost as much as $3 billion in market value two days after the incident in Washington state.
The New York Post reported Thursday about a budding romance between two of President Barack Obama’s most famous fundraisers.
Sen. Debbie Stabenow (D., Mich.) said she is “working with” the Department of Energy to revive the department’s dormant $25 billion auto loan program that has not closed a loan in two years.
A $25 billion Department of Energy loan program responsible for federal investments in automotive companies like the struggling carmaker Fisker has not closed a loan in two years.
New York Times writer John M. Broder discovered that “theory can be trumped by reality, especially when Northeast temperatures plunge,” while driving a $101,000 Tesla Model S Sedan recently.