Tesla Motors Inc., the electric-car maker led by billionaire Elon Musk, slid the most in more than 21 months after reporting quarterly vehicle sales that missed some estimates and lower revenue from regulatory credits.
Tesla Motors Inc., the top seller of premium all-electric autos, slid as much as 11 percent after reporting quarterly vehicle sales that missed some estimates and lower revenue from regulatory credits.
Tesla Motors Inc., the electric-car maker led by Elon Musk, was the top seller of California zero- emission vehicle credits in the past year as Toyota Motor Corp. led hybrid-car credit trades, according to a state tally.
Poet LLC, the second-biggest U.S. ethanol producer, will try to persuade a California appeals court the state’s low-carbon fuel standard should be thrown out because its environmental effects weren't adequately studied.
Chevron Corp. helped write the first-in-the-nation rule ordering reduced carbon emissions from cars and trucks. Its biofuels chief spoke at the ceremony where California Governor Arnold Schwarzenegger signed the executive order in 2007, the same year the oil company pledged to develop a gasoline replacement from wood.
InsideClimateNews.org — California is replacing oil with cleaner-burning fuels in cars and trucks, thanks to a landmark low-carbon fuel rule, according to a recent report. But the rule's fate is uncertain amid legal chaos and a shortfall in the production of clean biofuels.
California’s low-carbon fuel standard doesn’t discriminate against Midwest ethanol producers, a federal appeals court ruled in upholding what it called “innovative” regulations to fight global warming.
California’s low-carbon fuel standard was blocked by a federal judge who found that it discriminates against out-of-state corn ethanol and crude oil and violates the Commerce Clause of the U.S. Constitution.