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News
SpaceX posts loss in first report as a public company but less than expected
2+ hour, 33+ min ago (672+ words) By BERNARD CONDON, AP Business Writer The company run by Elon Musk posted a loss of $541 million, or 9 cents per share, in the three months through June, less than half what financial analysts had forecast. Revenue jumped to $7.8 billion, up…...
Need backup power? Automakers want you to look no further than their vehicles in your driveway
1+ week, 6+ day ago (814+ words) So when Kovar, 64, bought a Ford F-150 last fall, his hope was to be better prepared for any new crisis. “I was interested in trying to find some sort of power backup situation,” he said. Now, Kovar has a setup from…...
Commentary: Renewable-energy legislation shows clean energy’s economic promise
2+ week, 6+ day ago (690+ words) At the beginning of July, HB 1217 became law, making it illegal for local governments to enact initiatives addressing climate change and carbon reduction. If you read some of the headlines since it was passed, like one that said “Florida lawmakers…...
Letters: Unsafe e-bikes | Tax cuts hurt libraries | Elon Musk on Mars
3+ week, 1+ day ago (352+ words) — William Shallcross, Longwood Is a ban on e-bikes necessary? I see no reason to ban e-bikes since that is the modern form of transportation. But I think they should be licensed and children should be taught how to use them…...
Commentary: Florida can lead on clean energy if politics don’t get in the way
3+ week, 1+ day ago (475+ words) When I drive north on I-75 through Marion or Sumter County I’m amazed: row after row of solar panels stretching to the horizon. They aren’t a novelty anymore. They’re the new normal. Despite the chaos in Washington over climate policy, something…...
Commentary: Elon Musk is a trillionaire? Good for him, good for us
1+ mon, 1+ week ago (717+ words) Orlando Sentinel Elon Musk, the world’s preeminent innovator and visionary, becomes the world’s first trillionaire — and the political Left seethes. Of course, his wealth is largely based on his respective ownership stakes in his various companies, now including the value…...
SpaceX’s IPO is set to be the biggest ever and could make Elon Musk a trillionaire
2+ mon, 21+ hour ago (485+ words) By ALEX VEIGA and BERNARD CONDON, AP Business Writers Even as it makes a bid for a blockbuster market debut, SpaceX is currently losing billions of dollars a year. The filing shows that the company lost $2.6 billion from operations last…...
Five of the best used EVs you can get for dirt cheap, according to Edmunds
3+ mon, 4+ week ago (598+ words) By MICHAEL CANTU of Edmunds This price downturn doesn’t just apply to outdated EVs either. Some of Edmunds’ favorite models can be found for cheap on the used market. We included the average pricing of 2022 to 2024 models to give you…...
Tesla sales rise after brutal year of Musk boycotts but still fall short of expectations
4+ mon, 2+ day ago (358+ words) By BERNARD CONDON, AP Business Writer The company Thursday said sales rose 6% to 358,023, the first time in three years it posted a first-quarter increase from the year-earlier period. The positive figure follows a year of plunging sales due to an…...
Commentary: The hidden cost of the EV boom
4+ mon, 2+ week ago (374+ words) The problem is straightforward. Federal highways are primarily funded through fuel taxes deposited into the Highway Trust Fund. Electric vehicles don’t use gasoline or diesel, allowing their owners to evade the primary user-fee system that maintains those roads. The warnings…...