Business

Tesla says its 4Q profit rose 59%, expects strong demand

Tesla on Wednesday posted record net income in the fourth quarter of last year, and the company predicted that additional software-related profits will keep its margins higher than any other automaker.

Energy & Green Tech

Targeted demand response reduces price volatility of electric grid

Demand response, a measure taken to reduce the energy load in response to supply constraints within the Texas electric grid, has been a topic of recent conversation after the wake of Winter Storm Uri just one year ago. Demand ...

Automotive

Ford, GM profits fall as sales drop due to chip shortage

The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.

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