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FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo
BusinessElectric Vehicles (EVs)LabourNews

Tesla to lay off more than 3,000 employees in California, notices show

Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and Retraining Notification (WARN) notices.

FILE PHOTO: Tesla's Model 3 is displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Angelika Warmuth/File Photo
BusinessElectric Vehicles (EVs)News

Tesla launches performance variant of Model 3 compact sedan

Tesla launched a performance variant of its Model 3 compact sedan in the United States at $52,990.

FILE PHOTO: The logo of a Tesla electric vehicle is placed on a car outside a dealership in Drogenbos, Belgium November 25, 2023. REUTERS/Yves Herman/File Photo
BusinessElectric Vehicles (EVs)LabourNews

Tesla to lay off nearly 2,700 employees in Texas factory, notice shows

Tesla will lay off 2,688 employees at its Texas factory, which follows another round of layoffs last week for the electric-vehicle maker under...

FILE PHOTO: Traffic moves along a freeway as vehicles travel towards Los Angeles, California, U.S., March 22, 2022.  REUTERS/Mike Blake/File Photo
AutomotiveEmissionsNewsRegulations

California, 21 other states back EPA vehicle emissions rules

California, New York, Michigan and Pennsylvania – among others – intervene in Republican states' EPA lawsuit regarding emissions regulation.

FILE PHOTO: Solar panels from SunPower are installed on residential buildings at a model home display in the Eureka Grove neighborhood of Granite Bay, California, U.S., October 5, 2021. REUTERS/Nathan Frandino/File Photo
BusinessFinanceNewsSolar

Solar company Sunpower flags issues with financial reporting

SunPower has identified misstatements in its results for fiscal year 2022, the U.S. solar power storage and energy service provider says in a...

FILE PHOTO: A pulling rig is erected at an oil well in the middle of a cotton field to swab the well in Seminole, TX, U.S. September 19, 2019.REUTERS/Adria Malcolm/File Photo
BusinessNatural GasNewsOil

US oil and gas M&A hits quarterly record after blockbuster 2023

US oil and gas deals hit a record $51 billion in the first quarter, a continuation of last year's fierce merger pace centered...

FILE PHOTO: A view of a Fisker logo during the 2021 LA Auto Show in Los Angeles, California, U.S. November, 17, 2021. REUTERS/Mike Blake/File Photo
BusinessElectric Vehicles (EVs)News

EV startup Fisker at risk of filing for bankruptcy in 30 days

Cash-strapped business needs relief from creditors after talks with large automaker for investment collapsed last month.

FILE PHOTO: The GM logo is seen on the facade of the General Motors headquarters in Detroit, Michigan, U.S., March 16, 2021.  REUTERS/Rebecca Cook/File Photo
AutomotiveBusinessElectric Vehicles (EVs)LabourNews

General Motors beats quarterly results targets – as gas funds EV work

The automotive giant has raised its annual forecast, saying stable pricing and gas-powered vehicles will help ease investors' concerns over continued EV development.

Gov. Gavin Nerwsom and first partner Jennifer Siebel Newsom plant a valley oak during the dedication for the new Dos Rios State Park in the Central Valley near Modesto, Calif., Monday, April 22, 2024. (Paul Kitagaki Jr./The Sacramento Bee via AP)
ClimateEmissionsEnvironmentNewsRegulations

California announces new state park and sets climate goals for natural lands

Dos Rios, a 1,600 acre tract of California's Central Valley, can be used for hiking and picnicking – but the hope is to...

A string of disappointments have raised the stakes for for Tesla's first-quarter earnings announcement (AFP)
AutomotiveBusinessElectric Vehicles (EVs)News

Tesla earnings a ‘moment of truth’ for Musk after stumbles

Tesla earnings report comes amid the turbulence of price cuts, recalls, delays and a controversial pay package for CEO Elon Musk.

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