Camila Domonoske

Exxon earned nearly $56 billion in profit last year, the biggest annual profit any Western oil company has ever seen. Chevron set its own record with $35 billion in profit.

Exxon reported more than $55 billion in profits for 2022, a record for the U.S. oil industry. Sky-high profits for oil have prompted windfall taxes in Europe and political pressure in the U.S.

Tesla sets its prices — and changes those prices — like no other automaker. Recent price cuts upset Tesla owners, but are catching the eye of lots of potential Tesla buyers.

The company has seen its share value drop sharply, and rivals are edging into the electric vehicle market. But after doubling its profits in a year, Tesla says it has no plans to slow down.

Elon Musk and Tesla face multiple lawsuits, and the pioneering company's stock value has cratered as more EV options come on sale. The company reports earnings on Wednesday.

The Corvette E-Ray is a mid-engine sportscar with a powerful V8 ... and a small electric motor up front. Meet the latest version of the venerable sports car model.

The price cuts will make Tesla more competitive and will also mean the base model of the Model Y, the best-selling electric vehicle in America, could qualify for a revamped federal tax credit.

A lot of people may be thinking about buying an electric car this year. Here's what you need to know about price caps, income limits and other rules.

The government is offering a hefty tax credit to buyers of electric vehicles, but taking advantage of it is not straightforward. Here's what you need to know.

The transformational automaker's market cap has dropped by a staggering amount over the past year. Blame new competition, sales that fell short of a lofty target — and a distracted CEO.

Tesla's stock value fell in 2022, and it missed its delivery target. It still dominates the U.S. electric vehicle market but is off to a rocky 2023 with the economy, competitors and a distracted CEO.

On Christmas Day, an act of sabotage cut off power for thousands of people near Tacoma, Wash. Federal agents have charged two men with conspiracy, saying they used the outage to rob a local business.

Why did Southwest cancel so many flights, and what's next for affected travelers? The airline-in-crisis hasn't answered all the questions, but claims it has returned to normal operations.

An intense cold snap caused rolling blackouts in some regions. But a more profound catastrophe didn't unfold, thanks partly to good fortune.

As the auto industry goes electric, there have been so many massive battery projects announced that it can be hard to keep track of them all. So we added them up for you.

2022 was a record-setting year for investing in EV battery plants in the U.S. and there's a good chance 2023 will be even bigger.

The recent winter storm could have created another disaster: massive power outages. But luck and planning kept the electricity flowing — for the most part.

The promised surge in clean-energy jobs from the growing popularity of electric vehicles in the U.S. is mostly focused farther down the supply chain, like at battery assembly plants.

Gas prices are now lower than when Russia invaded Ukraine in February and are expected to fall even further, a likely relief to many stretching their savings during the holiday season.

Lawmakers in Congress passed big incentives for electric vehicles this year, but only for cars that are assembled in the U.S. — which is upsetting foreign carmakers.