Fewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024

Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time, …

Tesla Recalls Autopilot Software in 2 Million Vehicles

Tesla’s reputation for making technologically advanced cars suffered a blow on Tuesday when the company, under pressure from regulators, recalled more than two million vehicles. U.S. officials said the automaker had not done enough to ensure that drivers remained attentive when using a system that can steer, accelerate and brake cars automatically. The recall by …