Bill restricting electric car stores now law in Mississippi
Mississippi Gov. Tate Reeves signed a bill Tuesday restricting electric car manufacturers from selling vehicles in person unless they open franchised dealerships. Defying calls from some fellow Republicans in the Legislature to veto the measure, Reeves enacted into law House Bill 401, introduced by Republican Rep. Trey Lamar of Senatobia. The law will force electric car companies such as Tesla and Rivian to sell vehicles through franchises rather than company-owned stores, which is how they currently operate.news.yahoo.com
Mississippi passes bill restricting electric car dealerships
The Mississippi Senate gave final approval Thursday to a bill to restrict electric car manufacturers from opening new brick-and-mortar dealerships in the state unless they comply with the same laws traditional carmakers follow. On the Senate floor Thursday, the bill sparked an intraparty debate among GOP lawmakers. Proponents said the law would ensure all car manufacturers, regardless of their business model, play by the same rules.news.yahoo.com
Tesla plans to offer a $30 monthly subscription for unlimited overnight home charging. It will launch in Texas because the windy nights help generate power.
The subscription was a way to incentivize customers to charge their vehicles at home using a source of renewable energy, Tesla's Drew Baglino said.news.yahoo.com
Tesla says it will cut costs of next generation cars in half
Tesla says it will cut the cost of its next generation of vehicles in half, largely by using innovative manufacturing techniques and smaller factories. CEO Elon Musk and other executives outlined the goals during a 3 1/2-hour investor day presentation at Tesla's Austin, Texas, headquarters Wednesday as they presented the company's third master plan. The changes could bring the cost of a new generation of vehicles to around $25,000.news.yahoo.com
Elon Musk has called Biden a 'damp sock puppet' and feuded with the president for months, but Biden shared some rare praise for the billionaire earlier this month
Elon Musk hasn't been a fan of President Joe Biden in the past, though the billionaire appeared to extend an olive branch earlier this month.news.yahoo.com
Tesla engineering HQ leaving Texas to return to California, Musk announces
Elon Musk announced during a joint press conference with California Gov. Gavin Newsom that Tesla would be returning its global engineering headquarters to California, two years after a dramatic exit that saw the electric car company leave the Golden State for a facility in Austin, Texas.news.yahoo.com
Elon Musk's tweeting style seizes spotlight in Tesla trial
Tesla CEO Elon Musk’s impulsive and sometimes inflammatory usage of Twitter has taken center stage in a trial focused on whether he misled investors with his 2018 tweets indicating he had lined up financing to take the electric automaker private, a proposal that rapidly unraveled.
Elon Musk rebuffed in bid to move Tesla tweet trial to Texas
A federal judge on Friday rejected Tesla CEO Elon Musk’s bid to move or delay a trial over a misleading tweet about a potential buyout of the electric automaker, setting the stage for the mercurial billionaire to be thrust into a legal drama amid the turmoil of his Twitter takeover.
Feds reviewing Musk tweet about disabling driver monitoring
A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a “Full Self-Driving” system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. safety regulators.