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Tesla stock rises despite Musk selling $3.58B of its shares

Tesla stock rises despite Musk selling $3.58B of its shares

Shares of Tesla rose slightly in midday trading Thursday despite news that CEO Elon Musk sold another $3.58 billion worth of the electric vehicle maker’s stock this week. The stock traded at $157.
The self-driving era is here, the question is what comes next

The self-driving era is here, the question is what comes next

TORONTO — The self-driving era is here, just not the one that was promised.
Edmunds answers the top 5 questions for new EV buyers

Edmunds answers the top 5 questions for new EV buyers

Electric vehicles, or EVs for short, have been the hot car commodity for 2022. Their sales were up nearly 82% from 2021 and now make up 5% of the total market, according to Edmunds data.

Ram recalls 1.4M trucks; tailgates can open unexpectedly

DETROIT (AP) — Stellantis is recalling about 1.4 million pickup trucks worldwide because the tailgates may not close completely and cargo could spill onto the road. The recall covers Ram 1500, 2500 and 3500 pickups from the 2019 to 2022 model years.
Most small SUVs flunk updated insurance industry crash tests

Most small SUVs flunk updated insurance industry crash tests

DETROIT (AP) — Most small SUVs flunked the latest frontal crash tests done by the insurance industry, but oddly enough, they're just as safe as they were before.
ICBC applies to regulator for two-year rate freeze on basic auto insurance

ICBC applies to regulator for two-year rate freeze on basic auto insurance

VANCOUVER — Premier David Eby says the provincial auto insurer is applying for a two-year rate freeze on basic auto insurance to help alleviate some of the high cost-of-living pressures on British Columbians.
EPA: US fuel economy flat in 2021, emissions down slightly

EPA: US fuel economy flat in 2021, emissions down slightly

DETROIT (AP) — Fuel economy for 2021 model year vehicles in the U.S. stayed flat with 2020 as people continued to buy less-efficient trucks and SUVs, according to an annual government report published Monday. The fleet of new vehicles got 25.
Free ride: DC unveils bold plan to boost public transit

Free ride: DC unveils bold plan to boost public transit

WASHINGTON (AP) — The COVID-19 pandemic laid bare for the District of Columbia and other major cities that public transit was a lifeline for essential workers and that even modest fares could be a burden to them.
GM joint venture gets $2.5B loan to build battery plants

GM joint venture gets $2.5B loan to build battery plants

NEW YORK (AP) — A joint venture between General Motors and South Korean battery company LG Energy Solution has closed on a $2.5 billion federal loan to help finance three lithium-ion battery cell plants in Ohio, Tennessee, and Michigan.
In The News for Dec.12: What will the Feds have to say on critical minerals at COP15?

In The News for Dec.12: What will the Feds have to say on critical minerals at COP15?

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Dec. 12, 2022 ... What we are watching in Canada ...