Alan Ohnsman

Musk has repeatedly tied Tesla’s future to autonomous driving and humanoid robots, rather than simply selling electric vehicles and batteries. Image by MICHAEL SWENSEN/Getty Images via AFP

The latest round expands on Alphabet's previous plan to invest up to $5 billion in the autonomous driving company that's preparing to launch its ride service in two new cities.

In this week's Current Climate newsletter: This powder could be a gamechanger for capturing CO2; No $25,000 Tesla; Steve Ballmer's climate philanthropy

The autonomous vehicle company's weekly ridership has jumped more than 50% in two months and more than doubled since the start of 2024.

The billionaire’s support of Trump, who promises to roll back environmental progress, is a dilemma for a company whose core buyers identify as climate-conscious Democrats.

The billionaire's high-profile support for the winning Republican presidential candidate likely means lighter federal scrutiny of his companies and greater influence for the world's wealthiest man.

The company said 300,000 people in the second-largest U.S. city have been waiting to use its robotic ridehail service – twice the number of paid weekly rides it provides.

Solar, wind and utility-scale battery projects are expected to keep growing regardless of the next administration’s “drill baby drill” obsession for a simple reason: they’re cheaper.

Plus: Sierra Club prepares to fight; the nomination of Lee Zeldin to EPA Current Climate brings you the latest news about the business of sustainability every Monday.

Jose Muñoz, tapped to be the company’s first non-Korean CEO, said its new U.S. auto and battery plants allow it to adapt to regulation changes and loss of a federal electric vehicle tax credit.