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Teaming up with the SPAC controlled by former investment banker Michael Klein will put a valuation of $1.2 billion on Plus. The combined entity will be known as PlusAI.

Elon Musk says Tesla is “tentatively” set to begin providing robotaxi service in Austin, Texas, on June 22.

President Donald Trump announced June 11 that the United States will get magnets and rare earth minerals from China under a new trade deal and that tariffs on Chinese goods will go to 55%.

Under its current terms, the deal would allow U.S. buyers to import Mexican steel duty-free as long as they kept total shipments below a level based on historical trade volumes.

FMCSA  is seeking public input about its planned revision to the National Consumer Complaint Database that handles complaints against unsafe and unscrupulous companies.

In a June 9 email to customers, a representative said the company is “working toward the goal of returning to full operational capacity by” June 15 or sooner and apologized for any disruption.

The Senate is considering a plan to save a lucrative tax credit for hydrogen production that would be scrapped under the tax-and-spending bill passed by the House, key Republicans said.

Tesla executives including Elon Musk promoted a video of one of its vehicles driving in Austin with nobody behind the wheel, hinting that it’s close to launching its robotaxi service there.

Site visits are set to start for potential buyers of Nikola’s remaining assets in the coming days, said Vince Lorenz, Nations Capital director of fleet and valuations.  

Refrigeration technology for temperature-controlled trailers has expanded beyond conventional diesel-powered refrigeration units to a growing number of greener alternatives.