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LAS VEGAS — One person died and seven others were hurt Wednesday when a Tesla Cybertruck caught fire and exploded outside President-elect Donald Trump’s Las Vegas hotel.

In its first accident probe of an electric-battery heavy truck, NTSB is examining the Aug. 19 crash of a 2024 Tesla Semi that burned to the ground after it veered off the road and struck a tree.

Tesla shares climbed to a record for the first time since November 2021, buoyed by optimism the company’s self-driving ambitions can get a boost under the forthcoming Trump administration.

Gavin Newsom is positioning California as a foil to Donald Trump’s policies, laying the groundwork for resistance on everything from deportations to regulation rollbacks.

Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.

Tesla promised to drop the wall on its so-called charging “walled garden” two years ago, making its Superchargers accessible to all EVs. 

President-elect Donald Trump’s plan to revoke an up to $7,500 consumer tax credit for plug-in EVs would do more damage to the Detroit Three’s electrification prospects than to Tesla. 

Members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles a Transportation Department priority.