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Senate GOP Prepares New Draft of Trump’s Tax Plan

Senate Republicans intend to propose revised tax and health care provisions to President Donald Trump’s $3 trillion signature economic package, shrugging off criticism by Elon Musk.

June 9, 2025

Transportation Chief Moves to Reverse Fuel Economy Standards

Transportation Secretary Sean Duffy said in a rule June 6 that Biden-era fuel economy standards for gas-powered cars and trucks are illegal and moved to reverse them.

June 9, 2025

Tesla’s EV Deliveries Dropping as Demand Erodes Sharply

Wall Street is reining in expectations for Tesla deliveries as the Elon Musk-run automaker struggles with waning consumer demand and the threat of reduced U.S. federal incentives for EVs.

June 6, 2025

Tesla Plunges After Trump-Musk Conflict Erupts

Tesla's shares sank as Elon Musk and President Donald Trump’s simmering feud devolved into a public war of words between two of the world’s most powerful people.

June 5, 2025

Ship Carrying EVs Abandoned in Pacific After Catching Fire

A ship carrying more than 3,000 cars to Mexico was abandoned in the middle of the Pacific Ocean after catching fire June 3, highlighting a growing risk to the transportation of electric vehicles.

June 4, 2025

Mercedes, BMW, Others Step Up Response to China Export Curbs

Automakers in the U.S. and Europe raised concerns about China’s export controls on rare earth metals, as Beijing’s move threatens to disrupt global car production.

June 4, 2025

OPEC Raises Oil Output as Group Begins Bumper Set of Hikes

OPEC raised oil production last month as the group began a series of accelerated increases spurred by Saudi Arabia, according to a Bloomberg survey.

June 3, 2025

Reservation System at Ports Cuts Ship Emissions by Up to 24%

Researchers have calculated that the containership reservation system at the ports of Los Angeles and Long Beach is paying a climate dividend.

June 3, 2025

Trucks in China Make Switch From Diesel to Electric

More and more Chinese trucks are being powered by batteries, another sign that oil-based fuels are getting shoved to the sidelines in an increasingly electrified economy.

June 3, 2025