Why Tesla was kicked out of the S&P 500’s ESG index

Why Tesla was kicked out of the S&P 500's ESG index

An aerial view of the Tesla Fremont Factory on May 13, 2020 in Fremont, California. Justin Sullivan | Getty Images The S&P 500 booted electric vehicle maker Tesla from its ESG Index in an annual rebalancing. Meanwhile, Apple, Microsoft, Amazon and even oil and gas multinational Exxon Mobil were included on the list. The S&P … Read more

EV battery costs set to spike as raw material shortages drags on

EV battery costs set to spike as raw material shortages drags on

Attendees look at the all-electric Ford F-150 Lightning pickup truck at the Washington Auto Show in Washington on Tuesday, January 25, 2022. Bill Clark | CQ-Roll Call, Inc. | Getty Images The cost to produce electric vehicles is primed to surge over the next four years, according to a new report, the result of scarcity … Read more

How Amazon, American Airlines and Subaru burn waste to make energy

How Amazon, American Airlines and Subaru burn waste to make energy

In northern California’s Stanislaus County, next to a landfill, there’s a company managing waste in a very different way: by burning trash instead of burying it. The energy recovery facility run by New Jersey-based Covanta harnesses steam to make enough electricity to power 18,000 homes in the area. A portion of the waste comes from … Read more

Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage

Tesla CEO Elon Musk dismisses hydrogen as tool for energy storage

Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the subject came up during a discussion with reporters at the Automotive News World Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely silly.” jim watson | AFP | Getty Images Tesla CEO … Read more

Rivian (RIVN) Q1 2022 earnings

Rivian (RIVN) Q1 2022 earnings

Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland/CNBC Electric vehicle maker Rivian Automotive on Wednesday maintained its 2022 production target, saying it’s still on track to build 25,000 vehicles this year, as it reported a jump in reservations and a first-quarter loss that … Read more

How electric pickups stack up in price, range

How electric pickups stack up in price, range

SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. Why? Because a successful battery-powered pickup is a critical step in the EV transition, … Read more