Tesla’s Elon Musk responds to claims that he doesn’t pay income taxes

Tesla’s Elon Musk responded to claims that he doesn’t pay income taxes, along with several other wealthy CEOs, in a report from ProPublica earlier this week. The report, which showed the wealth increases of several of the world’s richest people, including Musk, Jeff Bezos, Warren Buffett, and Michael Bloomberg, along with their tax rates, claimed that […]

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Tesla (TSLA) could dominate $1.2 trillion market with autonomous, Uber-like vehicle fleet

Tesla (TSLA) is looking at a more-than-decent chunk of a market valued at $1.2 trillion with its upcoming Tesla Network, a new Uber-like ride-hailing service with autonomous electric cars, according to Ark Invest.
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Lordstown Motors, short on cash, warns of possible closure

Lordstown Motors says it is running out of cash for its future development of electric vehicles and might be forced to close its doors for good within the next year. On Tuesday, Lordstown Motors warned that it was facing issues with cash flow and that there is “substantial doubt” about the company’s ability to remain […]

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Lordstown crunch, Apple car batteries, ride-hailing and charging deserts: Today’s Car News

Apple reportedly shops around for batteries for an EV. Charging deserts might keep electric ride-hailing from some urban communities. Electrify America enters home charging. And is Lordstown Motors viable? This and more, here at Green Car Reports. On T…