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Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.

Nikola Corp. announced updates on its zero-emission hydrogen fuel-cell electric commercial truck program as the company vied for attention beside other truck makers in an increasingly crowded space it helped create in 2016 with its introductory announcement.

January truck tonnage fell 2.1% compared with year-ago levels, but ticked up 1.4% over December 2020 — a continuation of several months’ worth of sequential gains, American Trucking Associations announced.

DES MOINES, Iowa — The federal government announced Feb. 22 that it will support the ethanol industry in a lawsuit over biofuel waivers granted to oil refineries under President Donald Trump’s administration.

Diesel jumped 9.7 cents a gallon, the largest leap in more than three years, according to data released by the Energy Information Administration on Feb. 22.

Prices for the diesel exhaust fluid that is a vital component of emissions systems on newer trucks are rising as costs for urea — a core DEF ingredient — have jumped.

Xos Inc., a 5-year-old truck maker focused on delivering battery-electric commercial vehicles in Classes 5-8, announced a definitive agreement to go public through a business combination with NextGen Acquisition Corp., a publicly traded special purpose acquisition company based in Boca Raton, Fla.

Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early this week, according to people familiar with the matter.

More than 1,700 gas stations are without electricity Feb. 19 because of the Texas power disaster, threatening to push pump prices even higher with key refineries in the state still shut.