Tesla revenue from NZ EV rebates hint at potential IRA benefits [Feature]

By Maria Merano Posted on June 8, 2023 Tesla doubled its revenue after New Zealand’s Clean Car policy introduced rebates to decarbonize its fleet. Tesla New Zealand’s revenue hints at the potential benefits of the United States Inflation Reduction Act (IRA). According to the company’s financial records, Tesla New Zealand’s (NZ) revenue for the 2022 …

Elon Musk’s Tesla-SolarCity deal lawsuit win upheld by DE Supreme Court

By Simon Alvarez Posted on June 7, 2023 The Delaware Supreme Court has upheld a lower court’s ruling that Tesla CEO Elon Musk did not push the electric car maker to overpay when it acquired rooftop solar provider SolarCity in 2016.  The deal, which was worth $2.6 billion, was controversial at the time, with some …

Tesla Model Y leads charge in UK’s massive increase in BEV adoption

By Joey Klender Posted on June 6, 2023 The Tesla Model Y might not be the best-selling vehicle in the United Kingdom, but it is the best-selling battery electric vehicle (BEV) in the region, according to new data from the Society of Motor Manufacturers and Traders (SMMT). Data released by the SMMT for May indicates …