Browsing: Americas

California and 12 other state attorneys general filed a federal lawsuit on February 18, targeting the U.S. Department of Energy and the Office of Management and Budget over the Trump administration’s cancellation of billions in federally approved clean energy awards, including a $1.2 billion commitment to California’s hydrogen hub, ARCHES (Alliance for Renewable Clean Hydrogen Energy Systems).

Tesla closed at $411.11 on February 6, gaining 3.5%, before extending modest overnight gains to $414.13. The company’s market capitalization hovers around $1.37 trillion, yet investor sentiment is increasingly influenced by Tesla’s pivot from a pure electric vehicle manufacturer to a vertically integrated energy and physical AI infrastructure platform.