Now, the question is whether his bet on the social media company will pay off for him — and what it will mean for the rest of us, writes columnist Max Fawcett.
When future historians go looking for the moment when the electric vehicle revolution truly got underway, they might end up pinpointing last Sunday’s Super Bowl, writes columnist Max Fawcett.
Tesla is turning to Mozambique for a key component in its electric car batteries in what analysts believe is a first-of-its-kind deal designed to reduce its dependence on China for graphite.
Pat Ryan's recent advances into the electric-vehicle parts market are quietly fuelling his factory's expansion at an industrial park on the edge of Halifax, far from Canada's automotive heartland.
Doug Ford is pitching Ontario as the next electric vehicle manufacturing powerhouse, seemingly a far cry from the premier who three years ago cancelled incentives for people to buy them.
In a notice posted on its website, Transport Canada said the popular car ceased to be eligible for the federal $5,000 electric car rebate program for both its 2021 and 2022 models.
The automaker said in a presentation for investors Wednesday that it will add about US$8 billion to its EV development spending from this year to 2025.
Driven by GM, Tesla, and the Biden administration, the U.S. is now poised to press ahead in the transformation to electric vehicles. Big challenges still loom, but technological advances, government support, and growing consumer appeal will drive the inevitable switch to EVs.
Tesla's sales of its increasingly popular electric cars got off to fast start this year, even though the company had to slam the brakes along with other major automakers last month because of worldwide efforts to contain the worst pandemic in a century.
"We're not the problem. We can throw all our car keys in Halifax harbour, turn down the heat, turn off the lights, walk around naked in the dark eating organic beets and it won't make a difference."
- Peter MacKay, Conservative Party leadership hopeful, February 2020 as reported by CBC