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☆ An ex-Tesla owner shares why his experience with a Rivian R1T during Hurricane Helene made him a convert
▼ + stars: | 2024-10-11 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +8 min

North Carolina resident Michael Cusick and his Rivian R1T got caught in Hurricane Helene last week. But his experience with his Rivian R1T EV truck following Hurricane Helene — a storm that ravaged the southeast, including Cusick's home in Asheville, North Carolina — has cemented his position as a new Rivian convert. Cusick's Rivian in Pisgah National Forest in North Carolina earlier this year. A Rivian spokesperson told Inside EVs, which earlier reported on Cusick's truck, that Rivian battery packs are sealed to provide floodwater protection. The interior of Cusick's Rivian truck was kept dry during Hurricane Helene, Cusick told BI.

Persons: Michael Cusick, R1T, Hurricane Helene, Cusick, Rivian, Tesla, —, Helene —, Asheville , North Carolina —, Cusick's, Zers, Roy Cooper, it's, It's, Michael Cusick That's, They're, Michael Cusick Cusick Organizations: Service, Tesla, Chevy Silverado, Asheville —, Asheville, Gov, Associated Press, Business Locations: Carolina, Hurricane, Asheville , North Carolina, Rivian, Asheville, Pisgah National Forest, North Carolina, St, Augustine , Florida, Buncombe County, Virginia, Atlanta

☆ Demi Moore's grotesque new movie 'The Substance' has a shocking, bloody, and unhinged ending — and Oscar buzz
▼ + stars: | 2024-09-24 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +10 min

Demi Moore gives the wildest performance of her career in French filmmaker Coralie Fargeat's provocative new movie "The Substance." "The Substance" centers on Elisabeth Sparkle (Moore), a former A-lister whose career is on the decline. They can't survive separately because with Elisabeth dead, there's no more stabilizer fluid, and without stabilizer fluid, Sue can't continue to exist. So Sue's body (while she's en route to the big New Year's Eve performance) starts deteriorating: her teeth begin coming out, and a nail pops off. The monster rips down a photo of Elisabeth's younger face and tapes it on, then dolls itself up with carefully placed earrings and some makeup.

Persons: Demi Moore, Coralie, Palme, Fargeat, Moore, —, Elisabeth Sparkle, lister, Elisabeth, she's, Harvey, Dennis Quaid, who's, convulses, Margaret Qualley, double's, Sue, Sue doesn't, specter, it's, Christine Tamalet, Elisabeth isn't, Sue wakes, Sue can't, regurgitates Organizations: Service, Cannes Film, Business, Hollywood Locations: Hollywood

☆ Up to $400 to change a lightbulb? Appliance repair costs are no joke
▼ + stars: | 2024-09-20 | by ( Stephanie Dhue | Stephanie-Dhue | ) www.cnbc.com time to read: +8 min

It sounds like the setup to a lightbulb joke: How much does it cost to change a microwave bulb? While my lightbulb situation may be somewhat unique, experts say it is not uncommon to learn the cost of repairs is more than the cost to replace an appliance. Figuring out the cost for a repairMy first call to repair our microwave was to the appliance store where I made the purchase. Several states — including California, Maine, Massachusetts, Minnesota and New York — have implemented so-called "right to repair" laws. Some products designed 'with a hostility to repair'Consumer advocates say state laws and the FTC actions help, but haven't solved the problem.

Persons: Stephanie Dhue's, Stephanie Dhue, Gay Gordon, Byrne, Gordon, they're, Nathan Proctor, we've, Alex Reinauer, Proctor Organizations: GE, GE Appliances, U.S ., Getty Images, Federal Trade Commission, Competitive Enterprise Institute, Consumer, FTC Locations: California , Maine , Massachusetts, Minnesota, New York, Colorado, Oregon, South Dakota, France

Business vs. personal bank account interest rates at brick-and-mortar banks*Regional differences are possible at Regions Bank. Rates are as of July 22, 2024.Business vs. personal bank account interest rates at online banksPersonal bank accounts at online banks generally pay more than their business banking options. Business vs. personal bank account interest rates at credit unionsCredit unions also tend to offer competitive rates on business and personal bank accounts. Comparing account fees and accessibilityOpening a business bank account involves more documentation than opening a traditional bank account. Business vs. personal banking FAQsWhy might business savings accounts offer different interest rates than personal accounts?

Persons: you'll, Sophia Acevedo, Sophia, Axel Springer, Education Sophia Organizations: U.S . Bank, Business, Regions Bank, American, Consumers Credit Union, Federal Reserve, Finance, Bank, Savings, Education, California State University Fullerton, National Association of Hispanic Journalists, Angeles Locations: Florida, Alabama, U.S, Illinois, Wisconsin, California

☆ Visiting China in 2024: A guide to visas, mobile payments and more
▼ + stars: | 2024-09-10 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +20 min

We’ve put together a guide to some of the most frequently asked questions regarding China travel. China travel FAQsDo you need a visa to go to China? However, travelers visiting under these visa-free transit programs have more restrictions in terms of places they can visit. Exploring the country via China’s vast high-speed railway network is not an option for those entering under the two transit visa schemes. Beijing, China's capital city, accepts international travelers visiting under the 144-hour visa-free transit program.

Persons: it’s, ”, Denny Tian, Gabriela Correia, Correia, Tian, Greg Baker, Correira, ” Gabriela Correia, David Tucker, We’ve, John Seaton Callahan, China ’, Kevin Frayer, –, ” Correira, you’ve, Didi, Uber, Yan Cong, China’s Organizations: CNN, Immigration Administration, China, Google, Getty, “, Service, Shanghai Hongqiao, Hong Kong, Hong, Hong Kong Immigration, Travelers, Facebook, ”, Publishing, United, US, Baidu, Apple, China Railway, Bloomberg Locations: China, Beijing, Portugal, Shanghai, AFP, “, Hunan, Singapore, Thailand, Austria, Australia, Belgium, France, Germany, Hungary, Ireland, Italy, Luxembourg, Malaysia, Netherlands, New Zealand, Poland, Spain, Switzerland, New York, Japan, South Korea, United Kingdom, United States, Hong Kong, Macau, Jiangsu, Zhejiang, Asia, Tibet, Tibet Autonomous Region, Hainan, China's, Hawaii, ”, Canada

☆ China's wealthy are increasingly looking overseas for business investment opportunities
▼ + stars: | 2024-09-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Instead of high-net-worth individuals, C-suite executives in China are increasingly using business jets, said Paul Desgrosseilliers, general manager at ExecuJet Haite General Aviation Services. ExecuJet HaiteBEIJING — China's wealthy are increasingly looking for ways to move capital outside the mainland to pursue business opportunities, rather than just chasing investment returns, according to asset managers and consultants. The company's active overseas clients rose by nearly 63% year on year to 3,244. Overseas assets under management rose nearly 15% to $5.4 billion from a year earlier, while mainland China assets under management fell over 6% to $15.8 billion, according to Noah's quarterly earnings report. "What we are hearing from them is that the fastest growth in terms of interest from Chinese clients [occurred] in the post-Covid [period to] early last year."

Persons: Paul Desgrosseilliers, ExecuJet, there's, Ryota Kadogaki, Grant Pan, Noah Holdings, Noah, Kadogaki, Mu Chen, That's, Pan, ExecuJet Haite Organizations: General Aviation Services, Beijing Daxing, Monolith, Investors, Ministry of Commerce, CNBC, Noah Holdings, Beijing Daxing International Locations: China, Beijing, BEIJING, Japan, Mainland China, Singapore, Hong Kong, Southeast Asia, East, Africa, Asia Pacific

☆ Iran is targeting the U.S. election with fake news sites and cyber operations, research says
▼ + stars: | 2024-08-09 | by ( ) www.cnbc.com time to read: +3 min

Researchers identified websites that they attributed to the Iranian operation, aimed at voters on the political left and right. The group behind the sites, according to Microsoft, is part of a larger Iranian operation, active since 2020, that operates more than a dozen other fake news sites targeting English-, French-, Spanish- and Arabic-speaking audiences. But researchers say the sites could be used closer to the election. Iran has neither the intention nor plans to launch cyber attacks. The U.S. presidential election is an internal matter in which Iran does not interfere."

Persons: Donald Trump, Kamala Harris Organizations: Microsoft, International League for Women's, Analysis Center, Islamic Revolutionary Guard Corps, Iran's United Nations, Associated Press, U.S, Trump Locations: Iran, Russia, China, Savannah, U.S

Navy Federal Flagship Rewards Credit Card ReviewIn a sea of travel credit cards, the Navy Federal Credit Union Visa Signature® Flagship Travel Rewards Credit Card is a standout product for its affordability and value. If you are indeed a Navy Federal Credit Union member, the Navy Federal Credit Union Visa Signature® Flagship Travel Rewards Credit Card is the top-tier offering. Navy Federal Flagship Rewards Card ComparisonNavy Federal Credit Union Flagship Rewards Card vs. Navy Federal Credit Union cashRewards Credit CardThe Navy Federal Credit Union cashRewards Credit Card is another option from Navy Federal, with a $0 annual fee and a welcome bonus of $300 cash back when you spend $3,000 within 90 days of account opening plus a one-time $98 statement credit when you pay $49 or more for an annual Walmart+ membership (offer valid for accounts applied by 10/09/2024). Read our Navy Federal Credit Union cashRewards Credit Card reviewNavy Federal Credit Union Flagship Rewards Card vs. Chase Sapphire PreferredThe Navy Federal Credit Union Visa Signature® Flagship Travel Rewards Credit Card has a lower annual fee than the Chase Sapphire Preferred® Card, which charges $95 per year. Read our Chase Sapphire Preferred Card reviewNavy Federal Flagship Rewards Card Frequently Asked QuestionsWho is eligible for the Navy Federal Flagship Rewards card?

Persons: There's, you'll Organizations: Navy Federal Credit, Card, Federal Credit, Navy, Credit, Amazon Prime, Amazon, Navy Federal Credit Union, Chase, Navy Federal, Service Center, Visa, TSA, Walmart, Federal Credit Union, Department of Defense, National Guard, Credit Union's

Fees no monthly service fee Annual Percentage Yield (APY) 0.25% Minimum Opening Deposit $25 Pros Check mark icon A check mark. up to $500 Pros Check mark icon A check mark. Fees no fees Annual Percentage Yield (APY) 5.10% Minimum Opening Deposit $0 Bonus N/A Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 0.45% Minimum Opening Deposit $0 Pros Check mark icon A check mark. Fees no monthly service fee Annual Percentage Yield (APY) 4.65% Minimum Opening Deposit $100 Pros Check mark icon A check mark.

Persons: Alliant, Foster, Ally, Cash, Charles Schwab, KeyBank, It's, you've, You'll Organizations: Alliant Credit Union Alliant, Credit Union, Alliant Credit Union, Alliant Credit, Ally Bank, American Express Bank, American Express National Bank, American Express, Axos Bank, Axos, BMO Alto BMO, BMO Bank N.A, FDIC, BMO Branch, BMO Alto, BMO, Savings, Charles Schwab Schwab, Charles, Charles Schwab Bank, Schwab, Green, Banking, The Bancorp Bank, Stride Bank, N.A, CIT Bank CIT Bank, CIT Bank, Connect, CIT, Citi Citi ®, BBB, Citi, Consumers Credit Union Consumers Credit, Consumers Credit Union, Consumers Credit, Delta Community Credit Union Delta Community Credit, Delta Community Credit, Utah Free, Discover, Discover Bank, Falcon International Bank Falcon International, Falcon, Falcon International Bank, Falcon International, Bank, Navy Federal Credit Union Navy Federal Free, Federal Credit Union, Federal Free, Navy Federal Credit Union, Department of Defense, Navy Federal Free, Regions Bank Regions, Regions Bank, Regions, State Employees Credit Union State Employees Credit, State Employees Credit Union, Service Credit, Service Credit Union, American Consumer, Security Service Credit Union Security, Security Service, UT, Stripes, Security Service Credit Union, The Security, Security Service Credit, TD, U.S . Bank U.S, U.S, U.S . Bank, State, . Bank Locations: CA, CT, NJ, NY, VA, FL, Chicago , Illinois, eDocuments, Metro Atlanta , Georgia, Kentucky , Texas, Georgia, Texas, AZ, Arizona , California, Colorado, U.S, North Carolina, Europe, New Hampshire, Massachusetts, Colorado , Texas, Utah, Midwest, Chevron, Banks

☆ This Tesla YouTuber had 2 broken Cybertrucks, but still calls it his 'dream car'
▼ + stars: | 2024-07-13 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

"It was love at first sight," said Lamar, who did not wish to provide his full name but goes by Lamar MK on YouTube. AdvertisementYouTuber Lamar MK with his first Cybertruck. YouTuber Lamar MK with his new Cybertruck, which broke a few weeks after he got it. After getting his new Cybertruck delivered, Lamar MK had it wrapped to give it a blue and yellow color scheme. Tesla did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, hasn't, Lamar MK, Tesla, Lamar, YouTuber Lamar, Cybertruck, I'm Organizations: Service, Lamar, Business, YouTube, Tesla

☆ What to know about the massive car dealership outage
▼ + stars: | 2024-06-28 | by ( Ramishah Maruf | Eva Rothenberg | ) edition.cnn.com time to read: +8 min

Here’s what you need to know about the massive software outage. Its systems are used by roughly 15,000 car dealerships across the United States and Canada. Under normal circumstances, the CDK software allows the dealership to register a vehicle almost instantaneously, but now the process faces heavy delays. It said it was able to bring a “small initial test group” of car dealerships back online. But the next morning, the company told dealerships another incident had happened.

Persons: CDK, aren’t, they’ve, Scott Campbell, CNN they’ve, Don Aycock, “, ”, Robbie Jacob, Jacob, Michael Deveney, Katelyn Salvato, hasn’t, Salvato, …, Callahan, We’ve, ” Callahan, it’s, Lisa Finney, ” Finney, ” Eric Noonan, John Dwyer, “ There’s, ” Noonan, Ryan Callahan, Tom McParland, McParland Organizations: New, New York CNN, Auto, CNN, Capital City Buick GMC, Buick, Diego —, Kia, Midway Automotive, Massachusetts, of Motor Vehicles, Pride Motor Group, “, DMV, Bloomberg, Binary Defense, Mazda, Automatch Consulting Locations: New York, North America, United States, Canada, Berlin , Vermont, Clay County , Florida, Diego, Lynn , Massachusetts, Eastern Europe, Seekonk , Massachusetts

☆ ‘Months to correct, if not years’: Car dealerships and customers feel the impact as CDK outage drags on
▼ + stars: | 2024-06-25 | by ( Eva Rothenberg | ) edition.cnn.com time to read: +7 min

“The financial impact it will directly have on us will take months to correct, if not years,” Callahan said. Tom McParland, the owner of Automatic Consulting, a national car buying service, said the outage was impacting customers because they have fewer dealers to choose from. “It limits the customer’s leverage.”Some dealers also can’t apply factory rebates without CDK’s software, so customers may miss out on money-saving deals. Under normal circumstances, the CDK software allows the dealership to register a vehicle almost instantaneously, but now the process faces heavy delays. He told CNN he was able to buy the car but was unable to sign the title.

Persons: Ryan Callahan, ” Callahan, CDK, Tom McParland, ”, McParland, Michael Deveney, “, ” Deveney, Katelyn Salvato, hasn’t, Salvato, …, We’ve, they’ve, Scott Campbell, Nicolas, CNN they’ve, Don Aycock, Robbie Jacob, Jacob, Tekion Organizations: New, New York CNN, Mazda, North America, Automatic Consulting, Midway Automotive, Massachusetts, of Motor Vehicles, Pride Motor Group, “, DMV, CNN, Massachusetts Department of Transportation, Capital City Buick GMC, Porsche, Buick, Diego —, Kia, Cox Automotive Locations: New York, Seekonk , Massachusetts, Lynn, Berlin , Vermont, Los Angeles, ”, Clay County , Florida, Diego

☆ Tesla is recalling the Cybertruck again, this time because a piece can fly off
▼ + stars: | 2024-06-25 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

CNN —Tesla has issued two recalls on the Cybertruck, its third and fourth, since the model was introduced late last year. An investigation by Tesla revealed that the piece had not been properly installed. Cybertruck owners will be asked to bring their trucks to a Tesla service center where the trim piece will either be replaced or installed properly with “adhesion promotor” and pressure sensitive tape. The trucks are also being recalled for a separate issue in the electric motor that powers the truck’s single huge windshield wiper. Tesla has previously recalled the Cybertruck for other issues.

Persons: CNN — Tesla, Tesla Organizations: CNN, Traffic

☆ Elon Musk announces Tesla stock option grants for 'exceptional performance' — read his email to workers
▼ + stars: | 2024-06-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Read previewTesla is implementing a system to reward "exceptional performance" with stock option grants. "There will also ben an ongoing program to award spot option grants for anyone who does something outstanding for the company," Musk said. One Tesla worker told BI that they felt Musk's email was proof the tide might finally be turning. Read Musk's full email to Tesla staff below:Over the next few weeks, Tesla will be doing a comprehensive review to provide stock option grants for exceptional performance. There will also ben an ongoing program to award spot option grants for anyone who does something outstanding for the company.

Persons: —, Elon Musk, Musk, Tesla, We've, reapprove, Read, Elon Organizations: Service, Business, Reuters Locations: Delaware

☆ Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah
▼ + stars: | 2024-06-07 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits owed to Exxon Mobil by diverting the funds using a taxpayer database he had access to. Rupe was working at the IRS' service center in Ogden, Utah, in 2021 when he began the diversion scheme, according to an indictment filed Wednesday. As part of his job, Rupe "had the ability to adjust tax, credits, penalties, and interest to certain taxpayer accounts in an IRS computer database," the indictment said. In April 2022, the indictment says, Rupe accessed a database to transfer $2.02 million in tax credits from oil and gas giant Exxon's taxpayer account to Ex Xo Exteriors Ltd.'s taxpayer account, the indictment alleges. More than a year later, in August 2023, Rupe "accessed an IRS database to transfer the diverted tax credit funds from one tax year to another," the indictment says.

Persons: Rodney Quinn Rupe, Rupe Organizations: IRS, Exxon Mobil, Prosecutors, Treasury, Xo Locations: Utah, Syracuse , Utah, U.S, Salt Lake City, Ogden , Utah

☆ Another top proxy advisor has recommended shareholders vote against Elon Musk's $56 billion Tesla pay package
▼ + stars: | 2024-06-01 | by ( Nathan Rennolds | ) www.businessinsider.com time to read: +4 min

Read previewInfluential proxy advisor Institutional Shareholder Services (ISS) has recommended that Tesla shareholders vote against Elon Musk's proposed $56 billion pay package. AdvertisementIt comes after Glass Lewis, another leading proxy advisory firm, also urged Tesla investors to vote against the deal. Tesla was quick to respond to the report in a letter to shareholders titled "What Glass Lewis Got Wrong About Tesla." Related storiesOn the other hand, Glass Lewis urged shareholders to reject the proposed move, saying it offered them "uncertain benefits and additional risk. "ISS and Glass Lewis effectively control the stock market," he added.

Persons: —, Elon Musk's, Musk, Glass Lewis, Tesla, John Thys, Lewis Organizations: Service, Services, ISS, Tesla, Bloomberg, Business, Company, Getty, Harvard Law, Corporate, SpaceX, Boring Company Locations: Texas, Amsterdam, AFP, Tesla, Delaware

☆ I'm a professional declutterer. Here are 5 things from your bathroom you need to throw out.
▼ + stars: | 2024-05-28 | by ( Julia Williamson | ) www.businessinsider.com time to read: +4 min

As a professional decluttrer, here are five things I recommend you purge today. As for throwing things away, don't worry about waste; keeping something but not using it is the same as consigning it to the trash. AdvertisementSo much 'other' stuff ends up in the bathroomMany things find their way into the bathroom that are only tangentially connected to hygiene. Items like candles, toys, lint rollers, irons — all kinds of things find their way into the bathroom and refuse to leave. If you don't actually use it in the bathroom, there might be a better place to store it.

Persons: you've, bobby Organizations: Service, Business

☆ A Texas coastal engineer says a simple home-buying decision saved his house from Hurricane Harvey — and could help other home-owners in flood zones
▼ + stars: | 2024-05-25 | by ( Ellyn Lapointe | ) www.businessinsider.com time to read: +6 min

Advertisement2024 may be the worst hurricane season in history3D rendering of Category 4 hurricane near the US State of Louisiana. FrankRamspott/Getty ImagesA coastal engineer at Texas A&M University, Figlus is an expert on flooding. AdvertisementDespite rising flood and hurricane risk, a whopping 140,000 people moved to Houston, Texas, last year. This online service provides a detailed breakdown of flooding risk in a given area. AdvertisementAll in all, Figlus thinks people can still live in flood zones relatively safely, as long as they understand the risks.

Persons: Jens Figlus, Figlus, Hurricane Harvey, Harvey, Wager, jhorrocks, David J, Phillip Organizations: Service, Business, Texas, M University, Figlus, National Oceanic, Atmospheric Administration, University of Pennsylvania, Simpson, Census, FEMA Locations: Texas, Louisiana, of Louisiana, Atlantic, what's, Houston, Houston , Texas, Gulf, Galveston Bay, Hurricane

☆ Chinese asylum seekers in New York City live in limbo, caught between China and the US
▼ + stars: | 2024-05-15 | by ( Tara John | Yong Xiong | ) edition.cnn.com time to read: +14 min

It was his only day off from working 12-hour shifts at a Chinese restaurant in New York City. Evelio Contreras/CNNAfter arriving in New York, Ye spent a week in a Manhattan shelter. For Chinese asylum seekers like Ye, there is a well-trodden route to residency in the US. … It’s impossible for them to be spies.”But the rhetoric around the rise of undocumented Chinese migrants highlights growing tensions between the US and Chinese governments. He received permanent US residence a year later and has gone on to help Chinese migrants in Flushing.

Persons: Ye Chengxiang, “, ”, Ye, Evelio Contreras, Amy Hsin, Jiang Zhen, Yong Xiong, Xi Jinping, Biden, Mark Green of, Wan Yanhai, …, Jiang, “ It’s, I’m, Melanie Stetson Freeman, ’ Wan, Flushing . Li Jiada, Li Jiada, Jesus, Li Organizations: NY CNN, Central America, CNN, Queens College, Customs and, Embassy, Central, Chinese Ministry of Foreign Affairs, China, Republicans, Republican, House Homeland Security Committee, Communist Party, Christian Science, Customs Enforcement, of, Yorker Locations: Flushing, NY, New York City, China, Communist, Ye, States, Colombia, Darien, South, Central, New York, Manhattan, Flushing’s, Sunset, Mexico, Central America, Queens, Hunan province, Guangdong, Chinatown, , Flushing , New York, San Francisco, Mark Green of Tennessee, Beijing, Flushing ., Flushing , Queens

☆ Investors are fearful. They shouldn’t be
▼ + stars: | 2024-04-22 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

The economy has been extraordinarily resilient for the past few years — consistently proving the naysayers wrong, he says. For all of the market gloom last week, stocks are still near all-time highs, and this earnings season has been strong. Investors have been worrying about the Federal Reserve keeping rates higher for longer. I speak with many institutional investors, and I don’t see them folding in fear. Residual lubricant reduced the retention of the pad to the pedal,” the NHTSA wrote in the recall document.

Persons: ”, Philipp Carlsson, there’s, Carlsson, Szlezak, they’re, I’m, it’s, I’ve, we’re, TikTok, Brian Fung, Joe Biden, Tesla, Chris Isidore, Peter Valdes Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Boston Consulting, ByteDance, NHTSA Locations: New York, Europe, Ukraine, Israel, Washington

☆ Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
▼ + stars: | 2024-04-22 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

The IRA splits $8.8 billion in total rebate funding between two programs: the Home Efficiency Rebates program and the Home Electrification and Appliance Rebates program. The Home Electrification and Appliance Rebates program The Home Electrification and Appliance Rebates program pays consumers a maximum amount of money for buying specific technologies and services, Saul Rinaldi said. Home Efficiency Rebates program Conversely, the Home Efficiency Rebates program is technology-neutral, Saul Rinaldi said. Larger rebates flow to those who cut more energy, Saul Rinaldi said. In this way, the Home Efficiency Rebate's value can technically exceed that of the Home Electrification and Appliance Rebates program, Zelmar said.

Persons: Zelmar, Jan, Biden, Kara Saul Rinaldi, Saul Rinaldi Organizations: Energy Department, AnnDyl, U.S . Department of Housing, Urban Locations: Arizona , California , Colorado , Georgia, Hawaii , Indiana , Minnesota , New Hampshire , New Mexico , Oregon, Washington, Georgia, Oregon , Indiana, New Mexico

☆ The most electric vehicle-friendly states, ranked
▼ + stars: | 2024-04-20 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +1 min

EV Charger Reviews evaluated the most electric vehicle-friendly states. They evaluated states based on factors including electricity costs and state tax credits. Maine was ranked the top state for EVs, followed by Colorado and Vermont. EV Charger Reviews used data from sources such as the US Department of Energy, the US Census Bureau, and the US Energy Information Administration to evaluate the EV factors in all 50 states. Each factor was assigned a numerical score and ranking, which helped determine the states' overall scores.

Persons: Maine Organizations: Colorado and, Service, US Department of Energy, Census Bureau, US Energy Information Administration Locations: EVs, Colorado, Colorado and Vermont

☆ Tesla recalls Cybertruck due to accelerator pedal that can stick
▼ + stars: | 2024-04-19 | by ( Chris Isidore | Peter Valdes-Dapena | ) edition.cnn.com time to read: +2 min

New York CNN —Tesla has been ordered to recall nearly 4,000 of its Cybertrucks due to an accelerator pedal that can stick in place when pressed down. “An unapproved change introduced lubricant (soap) to aid in the component assembly of the pad onto the accelerator pedal. Residual lubricant reduced the retention of the pad to the pedal,” the NHTSA wrote in the recall document. On Monday, NHTSA told CNN it had reached out to Tesla requesting more information on the issue. Unlike many Tesla recalls, this one cannot be fixed with a simple over-the-air software update.

Persons: New York CNN — Tesla, Tesla, Telsa Organizations: New, New York CNN, NHTSA, National, Traffic Safety Administration, CNN Locations: New York, Austin , Texas

☆ Tesla is laying off 285 employees in Buffalo, New York as part of a broad restructuring
▼ + stars: | 2024-04-17 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +3 min

Vehicles sit parked outside the Tesla Inc. solar panel factory in Buffalo, New York, U.S., on Wednesday, Dec. 26, 2018. Tesla is laying off 285 employees in the state of New York as part of a broader restructuring according to a WARN notice filed in the state. Most of these employees worked at the company's Buffalo factory and a handful at a store and service center in the area per the filing. Tesla took over the Buffalo factory after they completed a $2.6 billion acquisition of solar installer SolarCity in 2017. While Tesla said it would manufacture solar panels at the Buffalo factory, its efforts to grow its solar business have faltered through the years.

Persons: Tesla, Elon Musk, Lyndon, Peter Rive, Musk Organizations: Tesla Inc, Buffalo, SpaceX, Tesla, Reuters Locations: Buffalo , New York, U.S, New York, Buffalo

☆ Some Cybertruck owners report getting red warning screen alerts within days of taking delivery
▼ + stars: | 2024-04-13 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Some Cybertruck owners are reporting issues they say occurred shortly after delivery. AdvertisementSome Cybertruck owners are taking to the internet to report issues with their new Tesla pickup truck. Multiple owners have reported the same issueAt least five others who identified themselves as Cybertruck owners online have posted that they had seen the same warning screen. One Cybertruck owner on a Cybertruck owners forum said they'd seen the warning message, but had less success resetting the vehicle. It's not the only issue Cybertruck owners are flagging online — owners have also pointed out issues with the ADAS system and charging.

Persons: they've, —, Thomas Remo, Remo, they'd, Tesla, It's, Marques Brownlee, Brownlee Organizations: Service, YouTube, Business

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