Sixteen new models and some of their variations are eligible for all or half of the new credit, while nine models — mostly foreign-made vehicles — are no longer eligible, for now. Most of the eligible cars so far are made by the “big three” EV automakers in the US — Ford, General Motors and Stellantis — plus Tesla.
Tesla Motors
The administration is linking with additional partners like car rental company Hertz and BP gas stations to bring EV fast charging infrastructure to locations across America, including major cities such as Atlanta, Austin, Boston, Chicago, Denver, Houston, Miami, New York City, Orlando, Phoenix, San Francisco and Washington, DC.
The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company's 50% growth target. Sales grew 40% year over year, while production climbed 47% to 1.37 million.
Twitter Inc. said in a regulatory filing on Thursday that Elon Musk, currently the company’s biggest individual shareholder, has proposed buying the remaining shares of Twitter that he doesn’t already own at $54.20 per share, an offer worth more than $43 billion.
Oscar Mayer is making cold cuts as Kraft Heinz moves its headquarters to Chicago. Tesla may soon be cruising the Mag Mile; while Groupon looks to reverse its fortunes with a new CEO. Joining us with these stories and more is Crain's Chicago Business deputy managing editor Ann Dwyer.
