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Stockreport

EU drops 2035 combustion engine ban after automaker pressure [Yahoo! Finance Canada]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance Canada
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
STRASBOURG, Dec 16 (Reuters) - The European Commission proposed on Tuesday dropping the EU's effective ban on new combustion-engine cars from 2035 by allowing continued sales of some non-electric vehicles following intense pressure from Germany, ?Italy and Europe's auto sector. The EU executive appears to have bowed to calls from carmakers to keep selling ?plug-in hybrids and range extenders that burn fuel as they struggle to compete against Tesla and Chinese electric vehicle makers. Current EU rules require all new cars ?and vans from 2035 to have zero emissions. Under Tuesday's proposal, the target would shift to a 90% cut in CO2 emissions from 2021 levels, instead of 100%. Automakers would need to offset the remaining emissions by using lower-carbon steel made in the EU and synthetic e-fuels or non-food biofuels such as agricultural waste and used cooking oil. The plan also gives automakers a three-year window from 2030 ?to 2032 to cut car CO2 emissions by ?55% from 2021 l [Read more]

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Stockreport

EU drops 2035 combustion engine ban after automaker pressure [Yahoo! Finance Canada]

Tesla, Inc.  (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
STRASBOURG, Dec 16 (Reuters) - The European Commission proposed on Tuesday dropping the EU's effective ban on new combustion-engine cars from 2035 by allowing continued sales of some non-electric vehicles following intense pressure from Germany, ?Italy and Europe's auto sector. The EU executive appears to have bowed to calls from carmakers to keep selling ?plug-in hybrids and range extenders that burn fuel as they struggle to compete against Tesla and Chinese electric vehicle makers. Current EU rules require all new cars ?and vans from 2035 to have zero emissions. Under Tuesday's proposal, the target would shift to a 90% cut in CO2 emissions from 2021 levels, instead of 100%. Automakers would need to offset the remaining emissions by using lower-carbon steel made in the EU and synthetic e-fuels or non-food biofuels such as agricultural waste and used cooking oil. The plan also gives automakers a three-year window from 2030 ?to 2032 to cut car CO2 emissions by ?55% from 2021 l [Read more]

IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS