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Tesla’s Q1 net income down 55% year over year

by Anas Siddiqui
Tesla’s Q1 net income down 55% year over year

Tesla’s first-quarter net income plummeted 55 per cent, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate the production of new, more affordable …

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Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

by Anas Siddiqui
Car rental giant Hertz dumps EVs in U.S. in favour of gasoline engines

Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and damage, and will opt …

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