Tesla Stock Gains After Elon Musk Says Posts About Trump 'Went Too Far'
Shares in Tesla rose premarket, after Elon Musk gave a tentative launch date of June 22 for robotaxis, and said he swung too hard at President Trump:
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Politico
21 minutes ago
- Politico
Trump revokes California's nation-leading electric vehicle mandate
President Donald Trump moved Thursday to eliminate California's nation-leading vehicle emissions standards, upending strict rules that had become a template for states across the nation to realize their greenhouse gas ambitions. Trump signed three Congressional Review Act resolutions rolling back a trio of California's rules at a White House signing ceremony, delivering on his Day 1 executive order to quickly roll back electric vehicle mandates around the country. 'We officially rescue the US auto industry from destruction by terminating California's electric vehicle mandate, once and for all,' Trump said at a Oval Office signing alongside House Speaker Mike Johnson (R-La.), Transportation Secretary Sean Duffy, Energy Secretary Chris Wright and EPA Administrator Lee Zeldin. The president, in a wide-ranging speech before the signing, used the moment to hit on a range of issues, including inflation, his disdain for windmills and his recent fallout with Tesla CEO Elon Musk. 'Now we know why Elon doesn't like me so much,' Trump quipped, before saying that Musk never asked him to save EV rules and that their break was over other 'smaller things.' While the Trump administration has also gone on the offensive against federal vehicle standards, California's regulations aimed at phasing out gas-powered passenger vehicles and heavy-duty diesel trucks — which are followed by a dozen other states — have drawn the stiffest opposition from the auto and fossil fuel industries. 'Worse than unachievable, these EV mandates were going to be harmful,' said John Bozzella, president and CEO of the Alliance for Automotive Innovation. 'Harmful to auto affordability, to consumer choice, to industry competitiveness and to economic activity.' The move takes place against the backdrop of worsening relations between Trump and Gov, Gavin Newsom, with the president ordering the military to quell unrest in Los Angeles over immigration raids. It also comes as Tesla CEO and former White House adviser Elon Musk clashed with Trump last week over electric vehicle policies. Trump's signature revokes the Golden State's unique permission to exceed federal vehicle pollution standards, which it's used for decades to set nation-leading rules. A dozen other Democrat-led states have opted to follow California's rules, representing one-third of the U.S. auto market. California's regulations aim to require automakers to sell increasing percentages of zero-emission vehicles, culminating in a 2035 target of all new-car sales being electric or otherwise carbon-free. Trump had targeted California's rules in his first term and on the campaign trail for his second term. EPA Administrator Lee Zeldin asked Congress to revoke them using the Congressional Review Act, which allows Congress to overturn rules passed in the waning days of the previous administration. The request triggered a debate among Republicans about whether to stretch congressional norms by using the CRA to roll back California's rules, which Senate Parliamentarian Elizabeth MacDonough and the nonpartisan Government Accountability Office have said aren't subject to the law. In addition to the rules for passenger vehicles, Thursday's signings roll back California's authority to enforce zero-emission sales targets for commercial trucks and higher standards for heavy-duty diesel engines. The fight over whether Congress acted lawfully will now head to the courts. California Gov. Gavin Newsom and Attorney General Rob Bonta said last month they would sue immediately after Trump signs the resolutions. The outcome of that court case will have widespread implications, as Democratic leaders seek to wean drivers and industry off fossil fuels and hit lofty greenhouse gas emissions reduction goals. But the question is especially acute for California, which has struggled for decades to reduce the nation's worst smog in the Los Angeles area and Central Valley and comply with federal air quality standards under the Clean Air Act. Failure to reach those standards could result in sanctions and withholding of federal highway funds, which both Republican and Democratic administrations have floated in the past. Trump's EPA threatened sanctions against the state in 2019, just days after the agency revoked an earlier version of its electric vehicle rules. 'It is hard to imagine that they will not threaten sanctions,' said Ann Carlson, who was head of the National Highway Traffic Safety Administration under former President Joe Biden. 'The president clearly has it out for California, and Los Angeles is obviously in his sights.' EPA said in a statement when asked about the possibility of sanctions that it will enforce the Clean Air Act. 'EPA will continue to implement the Clean Air Act as provided in law and will continue to hope that California can get into attainment after decades of nonattainment,' the agency said. EPA could develop its own plan for California to meet federal standards, though air quality experts say that's unlikely because the agency would have to take unpopular steps like restricting driving. California Air Resources Board spokesperson Lindsay Buckley said in a statement that without the waivers, the state will need to find an alternative to reach compliance. CARB chair Liane Randolph told state lawmakers during a hearing last month that she's 'confident California will prevail in litigation,' but that could take years, during which the rules are not enforceable. Randolph suggested that the state could consider approaches like district emissions rules for 'indirect sources' like warehouses that attract commercial trucks, incentives to encourage EV purchases and putting more funding towards public transit.
Yahoo
22 minutes ago
- Yahoo
GOP Megabill Boosts Wealthy Households While Hurting Poor, CBO Says
Middle-income Americans also would see gains from President Trump's agenda of tax reductions and spending cuts.
Android Authority
22 minutes ago
- Android Authority
Google Pixel 10 may fail to live up to our MagSafe dreams, after all
Rita El Khoury / Android Authority TL;DR Google is preparing a range of 'Pixelsnap' accessories for the Pixel 10 that support wireless charging. Despite Qi2 support, the phone may require the use of a case to add the magnets needed for alignment. In addition to Google's own accessories, look for a range of similar Made by Google solutions from third parties. What is so hard about giving Android users what they want? When it comes to wirelessly charging our phones, we're not asking for that much: just some proper MagSafe-style Qi2 charging with integrated magnets. And with our discovery earlier this week of Google's work towards a new line of 'Pixelsnap' accessories, we were getting cautiously optimistic that the Pixel 10 series might just be the phones to do it, supporting Qi2 magnetic attachment right out of the box. Sadly, that dream may already be over, as a new report emerges to dash our hopes. A frustratingly recurring motif for wireless charging on Android phones has been the absence of magnets required for securely attaching Qi2 chargers with perfect alignment when it comes to phones themselves. Instead, manufacturers like Samsung have required users to pick up a case for their phone with these magnets, and while that works in a pinch, it's far less convenient than having that support baked-in. Following our publication of Google's Pixelsnap plans, Android Headlines shares its own report that attempts to confirm Google's development of a series of Qi2 accessories. But the site also adds one important detail: Google will put magnets in its cases. If true, that strongly implies that the phones themselves would not have magnets of their own. And while that wouldn't be at all surprising, given the sorry state of Android Qi2 support, it's nonetheless disappointing. Beyond that frustrating development, Android Headlines reports some new information on some more of Google's Pixel 10 accessory strategy. In addition to Pixelsnap accessories, we'll be seeing the regular assortment of 'Made for Google' options from third parties, with many also supporting Qi2 and seeing sales through the Google Store. The site claims Google's Pixelsnap Charger will look much like Apple's own MagSafe Charger, and that the Pixelsnap Charger with Stand will resemble the old Pixel Stand 2. So far, though, we've yet to see imagery of either. Finally, Google's reportedly working on a new dual-port USB-C charger with 45W output support. Whether or not any Pixel 10 phones will actually support charging that fast remains to be seen. Got a tip? Talk to us! Email our staff at Email our staff at news@ . You can stay anonymous or get credit for the info, it's your choice.
