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NIO takes hardline approach on vlogger with legal action

Teslarati

Similar to fellow EV maker Tesla, which has taken a hardline approach to inaccurate reports, NIO has taken the legal route to counter misinformation that has reportedly harmed the company. NIO noted that the vlogger’s comparison was incorrect , especially since Norway exempts EVs from import duties and value-added tax.

Legal 74
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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. Using today’s market pricing, the contract terms would deliver an SC6.0 billion (US$3 billion) and IRR of 57%.

Supplies 243
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Tesla’s Elon Musk responds to claims that he doesn’t pay income taxes

Teslarati

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. ” However, Musk hasn’t accepted a salary from Tesla, and his stock isn’t taxable unless he sells it due to the Capital Gains Tax. .”

Tax 145
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Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

Tesla’s ( NASDAQ:TSLA ) third-quarter 2023 earnings call is less than a week away, and investors are already submitting questions for the event’s Q&A session. Similar to past earnings calls , Tesla is gathering inquiries from both retail and institutional TSLA shareholders using investor communications platform Say.

Tesla 122
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How Do the Electric Vehicle Tax Credits Work?

Blink Charging

Federal tax credits for electric vehicles in the United States are complicated, especially with new changes for 2023. The good news is that there are now tax credits for individuals and businesses that buy or lease a new or used electric vehicle! First, the easy part: How do I claim the $7,500 EV tax credit?

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More bad buzz for Chevy Blazer EV: software glitches, doors that fly open

Baua Electric

It has been touted as the latest vehicle to shake up the industry, giving consumers an American-branded vehicle with a decent range and high-performance specs at a moderate price. The Chevy Bolt qualifies for federal tax incentives, but its production is being stalled , for now, with employees laid off.

GM 52
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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford’s battery manufacturing is supposed to be done by licensing technology from China’s Contemporary Amperex Technology Co (CATL) and the issue has raised questions about national security and whether or not subsequent Ford products would be eligible for federal tax credits that are now tied to regional content requirements.