Oil Set for First Weekly Drop Since April on Second-Wave Fears
Oil is heading for its first weekly loss since April, when prices collapsed below zero.
June 12, 2020Nikola’s Trevor Milton Has $7.4 Billion Fortune on Free Truck Orders
The executive chairman of Nikola Corp. is under siege from skeptics of the company he started in 2014 with the goal of revolutionizing the trucking industry.
June 12, 2020German Government Agrees on National Hydrogen Strategy
The German government agreed June 10 on a long-term strategy for increasing production and use of hydrogen as part of a plan to cut the country’s greenhouse gas emissions.
June 10, 2020Tesla’s Elon Musk: ‘Time to Go All Out’ on Semi Production
CEO Elon Musk sent an email to Tesla employees before the market opened June 10 declaring that it is “time to go all out” and put Tesla’s Semi into volume production.
June 10, 2020US Emissions Set for Record Dive With Factories and Cars Idled
Greenhouse gas emissions in the U.S. are poised for a record plunge this year, the result of coronavirus lockdown orders that have shuttered factories, closed stores and left cars and jets sitting idle.
June 9, 2020CHBC Names Bill Zobel Executive Director
The California Hydrogen Business Council announced the appointment of Bill Zobel as its executive director.
June 9, 2020US Targets Sanctions for Iran-Venezuela Oil Tanker Trade
The Trump administration is preparing sanctions on as many as 50 oil and fuel tankers as part of an effort to cut off trade between Iran and Venezuela, according to a person familiar with the matter.
June 9, 2020Nikola Gets Valued at $34 Billion Before Gain Is Wiped Out
Tesla Inc. shares are at an all-time high. Hertz Global Holdings Inc.’s are well above where they were before the company went bankrupt. But no stock in the automotive sector is a better indication of equity-market exuberance than Nikola Corp.
June 9, 2020Diesel Increases by a Penny; Gas Climbs Back Above $2
The nationwide average price of a gallon of diesel increased by 1 cent to $2.396, according to the weekly report from the Energy Information Administration on June 8.
June 8, 2020Nikola Stock Surges 104% on Third Day of Trading
Shares of Nikola Motor Co. surged 104% to a record in its third day of trading on the Nasdaq after a merger with VectoIQ Acquisition Corp.
June 8, 2020