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The Cybertruck qualifies for up to $7,500 in U.S. tax credits for the first time in 2025, part of reshuffling under tougher rules that took effect Jan. 1 that also disqualify other EVs for subsidies.

In June, ATA President Chris Spear met with then-presidential candidate Donald Trump to gain insight into what the trucking industry might expect should Trump win a second term.

The transportation community will meet in Washington Jan. 5-9 for the annual meeting of the Transportation Research Board.

China plans to tighten export restrictions on certain technology used to make battery components and the processing of two crucial metals amid rising trade tensions globally.

Biden is set within days to issue the executive order barring the sale of new drilling rights in portions of the country’s outer continental shelf, according to people familiar.

The Elon Musk-led company sold 1.79 million vehicles last year, it said Jan. 2, which was slightly less than what it delivered in 2023 and also below analysts’ consensus estimate.

News of the latest incursion follows the White House announcement on Dec. 27 that nine telecommunications firms had been breached by a state-sponsored Chinese hacking group.

Initial applications for U.S. unemployment capped 2024 at an eight-month low, reflecting the muted levels of job cuts in a labor market that has remained surprisingly resilient.

The proposal is aimed at addressing concerns raised by CFIUS, which said last week that the Japanese company’s takeover of U.S. Steel would lead to a decline in American steel output.

New Jersey asked a federal judge to block New York from moving forward on Jan. 5 with a plan to charge drivers entering Manhattan’s central business district while a legal challenge plays out.