Camila Domonoske
Stories
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Exxon announced record earnings. It's bound to renew scrutiny of Big Oil
Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.
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Big oil saw big profits in 2022
Exxon reported more than $55 billion in profits for 2022, a record for the U.S. oil industry. Sky-high profits for oil have prompted windfall taxes in Europe and political pressure in the U.S.
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Tesla's profits soared to a record – but challenges are mounting
The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.
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Tesla investors have much to mull as the automaker prepares to reveal earnings
Elon Musk and Tesla face multiple lawsuits, and the pioneering company's stock value has cratered as more EV options come on sale. The company reports earnings on Wednesday.
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Tesla slashes prices across all its models in a bid to boost sales
The price cuts will make Tesla more competitive and will also mean the base model of the Model Y, the best-selling electric vehicle in America, could qualify for a revamped federal tax credit.
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FBI says two men attacked Washington's electric grid in order to commit a robbery
On Christmas Day, an act of sabotage cut off power for thousands of people near Tacoma, Wash. Federal agents have charged two men with conspiracy, saying they used the outage to rob a local business.
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5 things to know about Southwest's disastrous meltdown
Why did Southwest cancel so many flights, and what's next for affected travelers? The airline-in-crisis hasn't answered all the questions, but claims it has returned to normal operations.
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Intense cold strained, but didn't break, the U.S. electric grid. That was lucky
An intense cold snap caused rolling blackouts in some regions. But a more profound catastrophe didn't unfold, thanks partly to good fortune.
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2022 was a big year for EV battery plants in the U.S. How big? $73 billion big
As the auto industry goes electric, there have been so many massive battery projects announced that it can be hard to keep track of them all. So we added them up for you.
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There's a lithium mining boom, but it's not a jobs bonanza
The promised surge in clean-energy jobs from the growing popularity of electric vehicles in the U.S. is mostly focused farther down the supply chain, like at battery assembly plants.