Wednesday, December 25

Tag: electric vehicles

Biden Takes The Bullhorn, Walks The Picket Line
Domestic Politics, Types of News: Brief, United States

Biden Takes The Bullhorn, Walks The Picket Line

President Biden joins striking workers in Michigan September 26, 2023. September 26, 2023—The power of the U.S. presidency is the bully pulpit, and today President Joe Biden put it to use. As the national autoworkers' strike grew in numbers and gained more news media attention, politicians are taking close notice. The issue is not only that the expanding strike has consequences for workers, consumers, business and the larger U.S. economy, it is also a political one. It is not cynical to say that both parties want to win the loyalties of blue-collar workers, especially in a swing state like Michigan. It's simply a practical matter in U.S. politics. Biden Comments On Workers' Pay Today, Biden wooed striking workers in person. He arrived on the scene one day in advance of a vis...
Tesla’s Interesting Timing On A New Factory In Mexico
Climate Action, ESG, Sustainable Finance, Communism, Dictatorship, Democracy, Political Systems, Domestic Politics, Types of News: Analysis

Tesla’s Interesting Timing On A New Factory In Mexico

AMLO Welcomes The Deal, Rails Against U.S. Government And Critics Of Electoral Law Feb. 28, 2023—Mexican President Andrés Manuel López Obrador announced today that Tesla plans to build a new electric vehicle plant in Monterrey, Mexico, the second largest city in the country. He hailed the investment as something that would bring well-paid jobs to the region. The new Mexico-based factory will join a Tesla fleet of factories: four in the United States, one in China, and one in Germany. Furthermore, it will benefit from $369 billion worth of U.S. subsidies for clean energy that Congress included as part of the 2022 Inflation Reduction Act. The company is likely to announce more details Wednesday during its planned "Investors Day." The news comes as countries and companies recalibrate...

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