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Elon Musk confirms his threat: give me 25% of Tesla or you don’t get AI and robotics

Baua Electric

Elon Musk appears to confirmed and even clarify what can be seen as a threat to Tesla shareholders: give me 25% of the company or I won’t build AI and robotic products at the company, after making clear that the company is worthless without those. Musk currently owns about 13% of Tesla’s shares.

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Polaris to buy Global Electric Motorcars LLC (GEM) from Chrysler

Green Car Congress

Since the company was established in 1998, it has placed more than 45,000 electric-powered vehicles on the road worldwide. The six GEM passenger and utility models are legal on most streets with posted speeds of 35 mph or less. -based subsidiary of Chrysler Group LLC.

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Car more than 15 years old? State govts announce discounts for scrapping; 5 things to know about how to scrap an old car – ET Auto

Baua Electric

Then you should know that 21 states and union territories (UTs) are offering up to 25% discount on personal vehicle price or road tax for customers who scrap their old vehicles and buy a new one, stated a Times of India news report. The tax can be up to 50% of your road tax and is based on the pollution level in your state.

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Lordstown Motors Goes Bust

The Truth About Cars

Lordstown’s share price collapsed in 2021 and the company has suffered numerous production delays. Former chief executive of Lordstown Motors, Steve Burns, managed to sell off every share of his stock before the company filed for Chapter 11. Because whoever was steering the company appears to have run it straight into an iceberg….

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Was the Jeep Wrangler 4xe 2021’s 3rd Highest-Selling EV in the US?

EV Adoption

I say apparently as a PR person with Stellantis, the parent company of Jeep, stated the following to me in a January 18 email: I can tell you that it is true, we were the best selling plug-in hybrid SUV last year in the US. Rick Deneau, Stellantis.

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Top Factors Affecting EV Adoption

EV Connect

While studies show that 30% of newer drivers aged 18-25 plan to buy an EV next, the overwhelming majority (58%) in the US still plan to stick with gasoline. Incentives and restrictions The extension of the light-duty EV tax credit through 2032 locks in generous savings for consumers in the short term. older) drivers away from gas.

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EV Tax Credit: The Guide Your Car Dealer Doesn’t Want You To Read

EV Life

This article is for informational purposes only, and is not intended to provide tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. As one might imagine, car dealerships are excited to share the $7500 tax credit to encourage you to buy a car.