Shares of electric vehicle companies fell Monday after U.S. Sen. Joe Manchin announced his opposition to President Joe Biden’s “Build Back Better” plan, which provides tax credits for consumers who purchase electric vehicles. Manchin’s opposition almost certainly dooms the current version of the bill. Among the worst hit stocks Monday included electric vehicle makers Lordstown Motors, Rivian...
markets
electric vehicles
Electric Vehicle Stocks Fall With Biden’s ‘Build Back Better’ Plan in Jeopardy
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
The Briefing
crypto
Let’s Talk About Jack Dorsey

Well, it’s been a minute since Jack Dorsey has been in the news. But lest you think that Elon Musk—and Congress’s favorite punching bag, TikTok—get all the fun, today short seller Hindenburg Research sent Block’s stock down 15% with a report saying the payments company, formerly known as Square, had been inflating its user metrics by serving criminals with shady “Wild West compliance.”You can...
Latest Briefs
U.S. Prosecutors Charge Do Kwon with Fraud after Arrest in Montenegro
Mysten Labs to Buy Back Investment From FTX for $96 Million
Slack’s Sales Chief Departing Salesforce Next Month
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
First Look
startups
ai
Boom Times in San Francisco’s AI Underground
Exclusive
startups
electric vehicles
SpaceX Plans New Funding With Backing From Saudi, UAE Investors