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New money arrangement is separate from $1.5 billion bankruptcy loan

California will outlaw sales of new gasoline-powered passenger cars and trucks by 2035, Gov. Gavin Newsom announced Wednesday, a move he says will cut greenhouse gas emissions by 35% in the nation’s most populous state.

Elon Musk said the company has "stopped counting" orders for the electric pickup.

Workers will vote on the agreement on Sunday

Tesla is aiming to manufacture a “compelling” $25,000 electric vehicle within the next three years by making use of improved battery technology, CEO Elon Musk said Tuesday during the company’s “Battery Day” presentation.

Nissan said its manufacturing and engineering teams packed the newest Rogue model with "the latest technologies." The company is using advanced manufacturing technology such as virtual reality and collaborative robots to build the vehicle. 

A $4.3 billion battery-making company backed by Bill Gates could rival Tesla.

Online used-car retailer Carvana Co said it expects record revenue and retail sales in the third quarter due to a strong rebound in demand for vehicles, following easing of lockdown restrictions.

Jordan previously owned a motorcycle racing team that competed in the AMA Pro Superbike series.

Tesla Inc. CEO Elon Musk tapered down expectations ahead of the electric-car maker’s Battery Day event scheduled for Tuesday evening, sending shares lower.

Though no longer involved in Nikola’s leadership after the separation agreement, Milton remains the firm’s biggest individual shareholder

North American International Auto Show was canceled in 2020.

Tesla Inc. shares bounced around Monday as traders looked ahead to the company’s upcoming Battery Day event.