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Elon Musk’s Tesla (TSLA) stock sale is already more than enough to cover his tax bills

Teslarati

Experts say that the Tesla CEO has already sold more shares than he needs to pay his current tax obligations. . million shares, worth about $3 billion, to pay taxes on three tranches of stock options he exercised this week. Elon Musk’s Tesla stock sales are designed for maximum taxation. Musk has sold a total of over $8.8

Tax 145
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Imperium3 New York produces its first full-sized prismatic cells

Green Car Congress

The first cells were produced using manual settings to refine the product design for future automated production. million in Excelsior Jobs Program tax credits in exchange for job creation commitments for the iM3NY project. Additionally, Empire State Development has offered performance-based incentives totaling $7.5

New York 468
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AirCapture, OCOchem and partners win $2.93M DOE grant for direct air capture of CO2 and conversion to formic acid

Green Car Congress

million grant from the US Department of Energy to design and engineer an integrated carbon dioxide capture and conversion plant co-located at Nutrien’s Kennewick Fertilizer Operations plant in Kennewick, Wash. Carbon dioxide capture company AirCapture and carbon dioxide conversion company OCOchem, along with other partners, have won a $2.93-million

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Study suggests neither cap-and-trade nor carbon tax have made significant impact on reducing GHG emissions

Green Car Congress

Norway) had independently imposed a carbon tax in the 1990s as part of their effort to reduce carbon emissions. The team reports that on the whole neither the carbon tax nor the cap-and-trade system appears to have been very effective in achieving the goals of Kyoto during the period studied. —Freedman et al. Freedman, M.,

Tax 244
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Archer Aviation selects site in Georgia for eVTOL manufacturing facility

Green Car Congress

Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.

Georgia 199
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Mn/DOT assessing potential for mileage-based user fee to replace fuel tax; Battelle conducting technology assessment

Green Car Congress

The Minnesota Department of Transportation (Mn/DOT) will recruit 500 people from Wright and Hennepin counties to take part in research to test technology that could someday be used to collect a mileage-based user fee (MBUF) in lieu of a gasoline tax. These funding sources support construction and maintenance of the highway system.

Fuel Tax 262
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NY launches first EV charging station installation rebate initiative for public and private locations; $5M available

Green Car Congress

Cuomo announced that $5 million is available as part of the first rebate designed specifically for the installation of electric vehicle charging stations at workplaces, office buildings, multi-family apartment buildings, and public locations such as theaters, malls, parks and retail locations. New York Governor Andrew M.