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The Latest Breaking News on Electric Vehicles

Elon Musk admits Tesla investors would rely on "funding secured" tweet

A key question the jury must decide is whether Musk's tweets were significant enough to impact investor decisions.

Axios

The Loop: Elon Musk takes stand in trial over his tweets, how man stopped second LA shooting, and the Earth's core might have reversed — as it happened

The news Australia is searching for, and all the news that happened while you snoozed: This is The Loop, your quick catch-up for this morning's stories as they happen.

ABC News

Elon Musk cites Saudi wealth fund at second day of Tesla trial

Elon Musk testified that Saudi Arabia’s sovereign wealth fund “unequivocally” wanted to take Tesla Inc. private in 2018, a core element of his defense to claims that his tweets about the take-private plan misled shareholders.

Tribune News Service

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‘Tesla terroriser’ suspect accused of road rage attacks on drivers on California highways is identified

TikTok sleuth TizzyEnt says followers provided name which he passed on to investigators

The Independent UK

Chevrolet Silverado EV Towing Test Results Shared By GM

Chevrolet recently tested the towing capacity of its upcoming Silverado EV fully electric pickup truck.

InsideEVs

Sandy Munro: Tesla's Price Cuts Will Annihilate EV Competitors

In one of the latest videos, Munro Live's Sandy Munro and Cory Steuben shared some interesting thoughts about the Tesla's most recent price cuts.

InsideEVs

US: Tesla "Magic Dock" For Supercharging CCS1 Cars Coming Soon?

Supercharging of non-Tesla EVs in the United States might be closer than ever before, as some kind of preparations were indicated in recent media reports.

InsideEVs

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Tesla Owners Punishing Peers Who Tie Up Superchargers Without Charging

What to do if someone is parked at a Supercharger but not charging? You shouldn't aim to get revenge, but some Tesla owners are doing just that.

InsideEVs

Tesla Stock May Benefit From Fed's "Soft Landing," Says Goldman Sachs

As the Federal Reserve hopes to engineer a "soft landing," steering the economy clear of recession while maintaining inflation, Tesla could benefit greatly.

InsideEVs

Twitter to launch ad-free subscription tier, Elon Musk says

Tesla boss hopes for rise in revenue after advertising downturn in wake of takeover

The Guardian - UK

Peak gasoline heralds price shocks for drivers, inflation headaches

Gasoline demand in the U.S. has peaked, with a surprise slowdown last year signaling that consumption is unlikely to ever again return to pre-COVID levels.

Tribune News Service

Lucid Air Reservation Holders Can Get $7,500 Off If They Choose To Lease

This is surely a response to Tesla’s recent price cut, but strangely it only applies to Airs leased through Lucid Financing Services.

InsideEVs

In the Elon Musk trial, fraud isn't just about false statements

A jury is being asked to decide Musk's state of mind when he tweeted "funding secured."

Axios

A Fifth of New Cars in California Zero-emission in 2022

One-in-five new cars sold in California in 2022 was a zero-emission vehicle, the state said Friday, as the largest car market in the United States charges towards its goal of electrifying its fleet. Last year officials set ambitious targets for boosting the number of electric vehicles (EVs) and plug-in hybrid…

Asharq Al-Awsat

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Asharq Al-Awsat

Elon Musk Takes Stand in Tesla Tweet Fraud Trial

Tesla CEO Elon Musk took the stand in a California fraud trial on Friday, accused of lying in tweets about taking the auto company private, punishing investors. Musk was called to testify by lawyers for angry investors who accuse him of costing them millions of dollars in 2018 with untrue…

Los Angeles Times

Elon Musk's defense of his erratic tweets: They're truthful, just not 'comprehensive'

When Elon Musk posts on Twitter about Tesla, he must follow the same federal regulations that apply to corporate disclosure, the mega-billionaire acknowledged in court testimony on Friday.

Tribune News Service

Elon Musk plays down impact of his tweets at Tesla fraud trial

Tesla Inc. CEO Elon Musk played down how much impact his tweets have on the company’s stock price as he defended himself at a trial over his 2018 tweet about taking the electric car-maker private.

The Guardian - US

Musk tells Tesla trial: ‘Just because I tweet doesn’t mean people believe it’

The carmaker co-founder said Twitter was the most democratic way to communicate but tweets didn’t affect stock as he expected

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StockNews.com

2 Dirt-Cheap Auto Stocks to Buy Right Now

Although macroeconomic headwinds affected the auto industry over the last two years, sustained vehicle demand and a growing transition to electric vehicles are expected to boost the industry’s growth in the foreseeable future. Therefore, investing in fundamentally sound yet cheap auto stocks General Motors (GM) and Mazda Motor (MZDAY) could…

InsideEVs

Elusive Red Tesla Semi Spotted At California Supercharger

The Class 8 truck can’t charge at regular Superchargers, so it’s unclear what it was doing there.

ABC News

Electric vehicle charging infrastructure in regional NSW falls short over holidays

Lengthy waits at electric vehicle charging stations at regional towns along the Pacific Highway have prompted calls to improve regional charging infrastructure.

InsideEVs

Tesla's Germany Factory Ready For Major Production Ramp, Say Officials

Not long ago, Tesla opened Giga Berlin and has been boosting production ever since. However, it seems the German factory is now ready for a more notable ramp.

Irish Mirror

Minister Eamon Ryan promises thousands more electric vehicle chargers across Ireland in €100m plan

The Transport Minister has promised that there will be high-powered fast chargers located every 60kms on Ireland's main roads

InsideEVs

Well-Known Tesla Investor Sees 10,000 Cybertrucks Delivered In 2023

Tesla has plans to bring the Cybertruck to market this year, but how many will it be able to deliver? This fund manager and adviser makes an educated estimate.

StockNews.com

What Is the Best Auto Stock on Wall Street Right Now?

Auto giant General Motors (GM) achieved top-to-bottom-line growth in its third quarter and raised its full-year 2022 guidance. With the growing EV adoption worldwide, the company is committed to rapidly scaling its EV portfolio. With Wall Street analysts seeing an 18% upside in the stock, this auto stock could be…

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