Ross Gerber Says There’s ‘No Excuse’ to Not Own an EV Amid High Gas Prices: ‘Plenty of Affordable…’
Ross Gerber urges drivers to switch to affordable EVs, saying Iran war-driven gas price shocks make gasoline cars too costly.
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Rivian Automotive (NASDAQ: RIVN) stock rallies nearly 5% on Wednesday after the electric vehicle manufacturer smashed second-quarter delivery projections and raised its full-year output forecast.
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Ross Gerber urges drivers to switch to affordable EVs, saying Iran war-driven gas price shocks make gasoline cars too costly.
Jason Calacanis warns cheap Chinese EVs could devastate U.S. automakers, while Sen. Elissa Slotkin cites security risks.
Tesla stock has gained over the last month as the company's robotaxi ambitions advance. This news could overshadow what would normally be bad news.
Ripple co-founder Chris Larsen urges California to allow $10,000 Chinese EVs like BYD’s Seagull for low-income drivers.
https://www.bloomberg.com/news/articles/2026-09-16/china-considers-byd-to-join-xi-s-ceo-entourage-for-trump-summit
Ford Motor Company announced a $1 billion investment in a new state-of-the-art paint shop at its Kentucky Truck Plant, with construction expected to begin by year-end. This investment adds to Ford's recent $2 billion commitments for EV platform transformation at Louisville Assembly Plant and battery energy storage systems production in Glendale, reinforcing its long-term manufacturing presence in Kentucky.