The tax package that President Donald Trump signed into law last month included a rule change that attacked what’s been an important source of revenue for Rivian and Tesla for years.
August 6, 2025Search
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Carney Considers Select Rollback of Canada Counter-Tariffs
Canadian Prime Minister Mark Carney said he wants to maximize the impacts of retaliatory tariffs on the U.S. but minimize the pain for Canadian businesses.
August 6, 2025Eaton Q2 Profit Inches Lower as Costs Outpace Revenue Bump
Supply chain turmoil and an increase in tariffs globally are bolstering the costs of all industrial manufacturers — particularly those using aluminum, steel and copper, Eaton noted.
August 5, 2025Williams Sees LNG Share Topping 25% Of US Gas Market
The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.
August 5, 2025Musk Seeks Dismissal of Tesla Stock-Sale Suit
The filing came the same day Tesla directors disclosed their decision to grant Elon Musk an interim stock award — valued at $30 billion — while a legal fight over his 2018 pay package drags on.
August 5, 2025Heavy Truck Battery Swap Station Is Test Case for Cities
Singapore’s first charging and swapping station for big rigs can replace batteries in under five minutes. The entirely automated process can handle 60 trucks a day.
August 5, 2025Federal Proposal Would Ease Out-of-Sight Drone Restrictions
The federal government had already approved 657 waivers to allow companies such as Amazon and major utilities to do this in certain circumstances, but the waiver process made it difficult.
August 5, 2025Trailer Flooring Market Sees Few Changes, R&D Spending Grows
Some products have been tweaked over the years, but the basics of trailer flooring have remained constant, said Mark Glasgow, chief of sales at trailer manufacturer Utility Trailer.
August 5, 2025BMW Strikes Back at Tesla With Longer-Range EVs
The iX3 SUV will be the first of 40 new or updated models. “We’re 109 years old, and it’s by far the biggest single investment into one architecture we’ve ever done,” CEO Oliver Zipse said.
August 4, 2025Joby Buys Helicopter Ride-Share Business for $125 Million
The electric aviation pioneer seeks to expand its battery-powered air taxis into a ready-made market for its aircraft.
August 4, 2025