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Tesla Targets Full Semi Production by End of 2026

Tesla expects production of its Semi Class 8 tractor to accelerate to full throttle by the end of 2026, according to a senior executive, as the automaker offers more details about the vehicle.

October 25, 2024

Biden Greenlights Lithium Mine in Race to Secure Supply

Ioneer Ltd.’s Rhyolite Ridge Lithium-Boron Project in Nevada has received its federal permit from the Bureau of Land Management, according to a company statement Oct. 24.

October 24, 2024

GM Sees Timing Issue as Canada Reduces EV Rebates

“Just as mandates and regulations start to bite, the timing is not necessarily lining up very well, in that the purchase incentive support comes off,” GM Canada's president said. 

October 24, 2024

Tesla Stock Rises After Q3 Earnings Beat Estimates

The company on Oct. 23 reported adjusted earnings of 72 cents per share for the quarter, above the average analyst estimate.

October 23, 2024

Tesla’s Shrinking Margins Put Pressure on Upcoming Earnings

Shares of the Elon Musk-led company have fallen 12% this year through Oct. 22, while all of its Big Tech peers have advanced.

October 23, 2024

Matador Increases 2024 Oil Output Projection by 5%

Dallas-based Matador now plans to produce an average of 98,500 to 101,500 barrels of oil per day in 2024, a 5% increase from the company’s previous projection.

October 23, 2024

Birla Carbon to Open $1B Graphite Plant in South Carolina

The company will build a 435,000-square-foot facility in Orangeburg County to launch next-generation synthetic graphite production operations.

October 23, 2024

NACFE: Early Electric TRUs Show Promise; Struggle With Costs

The research, published Oct. 18, marked NACFE’s first analysis of alternatives available to fleets, with the introduction of all-electric TRUs in its early stages.

October 23, 2024

Hyundai Testing Novel Hydrogen Production

Hyundai’s plant in Georgia has been running its internal logistics operations using hydrogen and the automaker has been testing domestic production of the fuel using biogas from food scraps.

October 23, 2024

Diesel Price Drops 7.8¢ to $3.553

The national average diesel price fell 7.8 cents to $3.553 per gallon, according to U.S. Energy Information Administration data released Oct. 21.

October 21, 2024