Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
A group of state treasurers and investors is complaining that the company, facing falling sales, is about to miss a legal deadline to hold a shareholder forum.
Mr. Musk’s involvement in politics was once seen by investors as a benefit to Tesla. Not anymore.
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
China’s lead in electric vehicle technology, which is already huge, could become insurmountable if incentive programs are slashed, auto experts and environmentalists say.
The vehicles will have safety monitors and may not operate in bad weather, making them more restricted than the fully autonomous vehicles promised by Elon Musk.
BYD and other companies doubled their share of the car market after the European Union imposed higher tariffs on electric vehicles from China.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
El fabricante de automóviles, que ya sufría un fuerte descenso de sus ventas y ganancias, ahora podría enfrentarse a la ira del presidente de EE. UU.
Already suffering from steep declines in sales and profit, the carmaker could now face the president’s wrath.