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UK parliament opens probe into EV transition

August 9, 2023 2:17 PM EDT

Britains parliament revealed Wednesday that the upper house is launching an inquiry into the countrys approach to phasing out fossil fuels and transitioning the public towards electric vehicles. The inquiry will also cover charging infrastructure and end-of-life disposal of EVs.

The U.K. is set to completely ban the sale of new internal combustion vehicles by 2030, with hybrids being phased out by 2035 in favor of fully... More

Tesla (TSLA) appoints Vaibhav Taneja as new CFO

August 7, 2023 10:17 AM EDT

Electric vehicle giant Tesla (NASDAQ: TSLA) said in a filing Monday that it has appointed Vaibhav Taneja as its new Chief Financial Officer.

Taneja, who has served as Teslas Chief Accounting Officer since 2019, will take on the position in addition to... More