Report: Trump's transition team will revoke Biden's electric vehicle and emissions policies.

According to Reuters, the transition team's plan includes eliminating the Consumer tax credit for Electric Autos purchases, imposing tariffs on all Battery materials globally, and withdrawing Biden's support for Electric Autos and charging infrastructure.

wallstreetcnDec 16 21:38

Tesla's lithium refining plant in Texas has officially started production, becoming the first North American automaker to process lithium in-house.

① Tesla's large lithium refining plant in Texas has officially begun Operation, just a year and a half after breaking ground; ② The plant uses an acid-free lithium extraction process, does not use hazardous reagents, and the byproducts can be used to produce Building Materials; ③ Tesla is the only Auto Manufacturer in North America that refines lithium independently, and Musk has previously called for increased investment in lithium processing.

cls.cnDec 16 20:13

Broadcom, Tesla Propel Nasdaq 100 Gains, Bitcoin Hits $107,000, Fueling Crypto Stocks Rally: What's Driving Markets Monday?

Benzinga12minutes ago

Technology, Consumer Discretionary Push Nasdaq Composite to Fresh Record High

MT Newswires35minutes ago

The U.S. court has approved Musk and Tesla (TSLA.US) to appeal the ruling on the $56 billion compensation plan.

The Chief Justice of the Delaware Court of Chancery, Kathaleen McCormick, has approved the appeal by USA billionaire Elon Musk and Tesla (TSLA.US) to the Delaware Supreme Court regarding the attempt to restore the compensation plan in which Tesla would pay Musk $56 billion. Tesla shareholder Richard Tornetta initiated a lawsuit in 2018 seeking to revoke the related compensation plan. Justice McCormick rejected the new compensation plan in January of this year, describing its scale as 'incomprehensible' and stating that the plan violated the fiduciary duty to investors. Tesla shareholders voted in favor of this in June.

AASTOCKSDec 16 09:53

'Tesla Is Having Major Issue With Its Self-Driving Computer Inside New Cars' - Electrek

Benzinga48minutes ago