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Tesla’s S3XY range updates show how ridiculously far legacy auto has fallen in the EV race – Teslarati

Anyone that has followed the Tesla story over the past few years would know that one of the primary talking points against the electric car maker is the impendi…

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Anyone that has followed the Tesla story over the past few years would know that one of the primary talking points against the electric car maker is the impending competition that’s coming from more experienced, more competent carmakers. Critics argued that once legacy automakers get serious in their electric car efforts, a company as inexperienced as Tesla would easily be overwhelmed. This scenario has not happened at all — and if Teslas recent range updates to its S3XY lineup are anything to g…

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GM shares close at new year-to-date high following Hummer EV debut – CNBC

GM stock closed at $37.41, up 4.6% – pushing the shares for the year in the black (up 2.2%) for the first time since Jan. 2.

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Shares of General Motors closed Thursday at their highest price so far this year following the successful debut Tuesday of the new GMC Hummer EV as well as the automaker’s announcement earlier in the week of more than $2 billion in new U.S. investments to support electric vehicles.
The stock settled at $37.41 a share, rising 4.6% for the day and pushing the price up 2.2% year to date. That was just enough to drive the shares into the black for the first time since Jan. 2. The stock has jumped by…

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Revamped Coronavirus Risk Map: Mass. Up to 77 Communities in the Red – NBC10 Boston

The weekly report from the Department of Public Health includes a breakdown of the total number of coronavirus cases in each Massachusetts city and town, and…

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Massachusetts’ latest weekly community-level data on the coronavirus pandemic, including the updated town-by-town risk assessment map, shows 77 communities considered at the highest risk for transmitting COVID-19, an increase of 14 from last week.
This week’s report from the Department of Public Health was revamped to include data on isolated outbreaks, requiring its release to be moved back from Wednesdays to Thursdays. This is the first week of the new version.
Last week, Massachusetts climbed…

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Meet NextEra, America’s most valuable energy firm – The Economist

The clean-energy utility has surpassed ExxonMobil in market capitalisaion—and shows no signs of slowing

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TO MANY INVESTORS, backing an American oil company looks only slightly shrewder than stuffing cash in a blender. Facing covid-19 and old concerns over low returns, the industry is scrambling to boost efficiency. On October 19th ConocoPhillips said it would pay $9.7bn for Concho Resources, a Texan fracking firm. The next day two other frackers, Pioneer Natural Resources and Parsley Energy, announced a $4.5bn tie-up. Across the sector, oilmen are vowing to put profits before growth. How about a firm…

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