Friday, 9 May 2025

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FILE PHOTO: Miniatures of windmill, solar panel and electric pole are seen in front of NextEra Energy logo in this illustration taken January 17, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
BusinessEconomyElectricityFinanceInfrastructureNewsPoliticsUtilities

Utility NextEra reports Q2 profit miss as segment sales slide

NextEra Energy missed profit estimates for the second quarter, hurt by higher interest rates and expenses in its renewables segment

FILE PHOTO: A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/File Photo
AutomotiveBusinessElectric Vehicles (EVs)NewsTransport

Tesla’s bleak margins sour investors as Musk hypes everything but cars

Tesla shares sank more than 11% on Wednesday CEO Elon Musk hyped the company's investment plans for AI and self-driving technologies

FILE PHOTO: A full-size mock-up of an electrically powered Lilium Jet air taxi is seen in a presentation bay inside a hangar at the German company’s headquarters in Oberpfaffenhofen airport outside Munich, Germany, December 2, 2022. REUTERS/Tim Hepher/File Photo
AviationBusinessElectric Vehicles (EVs)NewsTransport

Lilium to begin studying US air-taxi assembly sites this year

German eVTOL firm hopes to open assembly plant in United States by the end of the decade as it pursues regional air transport...

FILE PHOTO: Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  REUTERS/Joel Angel Juarez/File Photo
AutomotiveBusinessCourtsNews

Rivian to face trial in Tesla trade secrets theft case, judge says

After judge denies dismissal of lawsuit, Rivian-Tesla trial set to go ahead after company allegedly Elon Musk's employees.

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of X looks on during the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024.  REUTERS/David Swanson/File Photo
AutomotiveBusinessEconomyElectric Vehicles (EVs)FinanceNewsPoliticsRegulationsTransport

Musk says any Trump move against EV support would hurt competitors more than Tesla

Tesla CEO Elon Musk said on Tuesday that Donald Trump's potential removal of support for EVs would hurt other automakers more than Tesla

Tesla reported a drop in second-quarter profits after a string of vehicle price cuts in response to stiffening competition among electric vehicles (AFP)
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

Tesla reports profit drop on price cuts, lower vehicle sales

Tesla reported a significant drop in Q2 profits Tuesday due to price cuts while heavily investing in AI and other tech.

A Texas Instruments Office is shown in San Diego, California, U.S., April 24, 2018.  REUTERS/Mike Blake/file photo
BusinessElectric Vehicles (EVs)FinanceManufacturingNews

Analog chipmaker Texas Instruments beats second-quarter profit estimates

Texas Instruments' Q2 profit beat estimates as analog chip demand stabilized; shares rose 4%, year-to-date gain 16%.

Tesla electric vehicles use a Tesla supercharging station in Union City, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz/file photo
AutomotiveBusinessElectric Vehicles (EVs)FinanceNewsPublic TransitTransport

Tesla profit margins worst in five years as price cuts, incentives weigh

Tesla on Tuesday reported its lowest profit margin in more than five years and missed Wall Street earnings targets in the second quarter

A Tesla Cybertruck is parked on a local Tesla dealer in Paramus, New Jersey, U.S., July 23, 2024.  REUTERS/Eduardo Munoz
BusinessElectric Vehicles (EVs)FinanceIndustryManufacturingNews

Tesla shares could swing 10% either way after earnings, options show

With Tesla market cap at around $800 billion, such a move would make for a swing in the value of the company of...

Wind turbine technician Terrill Stowe stands on the nacelle, which houses the gearbox and generator, atop the tower of a wind turbine on the campus of Mesalands Community College in the former Route 66 town of Tucumcari, New Mexico (AFP)
EfficiencyElectricityIn-DepthInfrastructureTransmissionUtilitiesWind

Don’t look down: Fearless trainees propel US wind turbine boom

High above the New Mexico plains, technicians train on a towering wind turbine, tackling the booming wind industry and its challenges.

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