Search results for IRA
Industry
Tesla proxy reveals SpaceX links, signals picked up for merger preparations
Tesla’s newly released proxy statement for its 2026 annual meeting contains details that have fueled debate over a possible merger with SpaceX. It notes that independent director Ira Ehrenpreis joined SpaceX’s board in February, while CEO Elon Musk’s pay terms could change in a control transaction. Tesla also proposed an automatic voting instruction for retail shareholders on future meetings. The proxy also outlines Tesla’s holdings and revenue linked to SpaceX and xAI.
Industry
LG Energy Solution Q3 operating profit 756.0 billion won, up 26 percent year on year
LG Energy Solution said on Oct. 8 it posted third-quarter revenue of 9.64 trillion won and operating profit of 756.0 billion won, up 59 percent and 25.7 percent from a year earlier. Revenue rose 27.6 percent from the previous quarter, while operating profit jumped 567.3 percent. The quarter included 416.9 billion won in U.S. IRA tax credits. Excluding them, operating profit was 339.1 billion won.
Industry
U.S. clean energy policy change ripples as tax credits cut for 3,446 projects
More than 3,400 U.S. manufacturing projects and sites have been affected by changes to clean energy support policies, including reduced tax credits and project suspensions, an analysis showed. The BlueGreen Alliance released an interactive map tracking 3,446 affected clean energy-related projects nationwide, drawing on eight databases. The policy shift stems from a budget reconciliation law passed in 2025 that ended or reduced many tax benefits expanded under the Inflation Reduction Act.
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Industry
U.S. effectively bars Chinese batteries for power grids, putting energy storage market on alert
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Industry
LG Energy Solution posts 113.3 billion won Q2 operating profit, down 77 percent year on year
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Industry
Semiconductor, battery direct refund scheme in focus ahead of July tax reform plan
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Industry
LG Energy Solution posts Q2 operating profit of 113.3 billion won, down 77 percent year on year
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Crypto
Trump says bitcoin could be added to child investment accounts; if U.S. doesn\'t, China will
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Crypto
U.S. SEC commissioner predicts Clarity Act passage this summer as crypto regulation may accelerate
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Industry
ESS oversupply takes hold as output by South Korea\'s three battery makers this year more than doubles demand
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Industry
SpaceX-Tesla merger talks resurface ahead of Nasdaq listing
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Industry
Battery industry profit recovery comes into view as lithium prices rise
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Crypto
Robert Kiyosaki says 1974 shock now emerges, hold gold, silver and bitcoin
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Industry
LG Energy Solution posts Q1 operating loss of 207.8 billion won, swings to deficit
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Industry
Korea\'s three battery makers set for first-quarter losses
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Industry
POSCO Future M to build anode material plant in Vietnam, invest 357 billion won
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Crypto
Crypto.com launches integrated IRA product for stocks and cryptocurrencies
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AI & Enterprise
‘Claude killed my startup’, a founder’s confession