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Gov. Newsom's office told Bloomberg News that the current proposal includes market-share limitations that would exclude Tesla’s popular EV models.

California Gov. Gavin Newsom is promising to step in with a state electric-car tax credit if President-elect Donald Trump repeals a federal subsidy after he takes office next year.

It’s the third time in a row that the group led by Saudi Arabia and Russia has turned a gathering scheduled for its Vienna headquarters into a virtual session.

Nebraska's attorney general filed an antitrust suit against four major original equipment manufacturers, alleging they colluded  to eliminate choice and raise truck prices.

Tesla didn’t disclose specifics, but told a California state judge that it expects to seek dismissal of the case by Dec. 24 upon satisfactory completion of the terms.

Tesla Inc.’s post-election stock surge has more to do with market exuberance than actual improvement in the fundamentals of its business, UBS Group AG analysts cautioned in a report.

NICOSIA, Cyprus — Exxon Mobil could partner with a consortium composed of Eni of Italy and Total of France to jointly develop gas deposits close to each other off Cyprus’ southern coast.

An auto trade group asked U.S. President-elect Donald Trump to ease requirements on making vehicles more fuel efficient and to protect the industry from “unfair” practices by China.

The Texas-based company is accused of discharging hundreds of thousands of gallons of industrial wastewater containing excessive amounts of oil and grease.

The move caps months of talks with owners, customers and creditors to find a way for Europe’s rare homegrown maker of EV batteries to continue operations.