Analysts expected a decline in sales for the quarter. Still, the dip may raise concerns about flagging demand.
The Equal Employment Opportunity Commission filed a lawsuit accusing the carmaker of mistreating Black employees at its factory in California.
The Canadian government matched financial incentives available in the U.S. to attract the investment from Northvolt, a Swedish company.
The company cited concerns about operating the factory competitively. It’s not clear if the pause is linked to its dispute with the United Auto Workers.
Elon Musk, the Tesla chief executive, may be able to exploit his rivals’ weaknesses, but the United Auto Workers union also has the electric carmaker in its sights.
Carmakers are anxious to keep costs down as they ramp up electric vehicle manufacturing, while striking workers want to preserve jobs as the industry shifts to batteries.
The union targeted one factory run by General Motors, one by Ford and one by Stellantis. Prolonged walkouts could hurt the U.S. economy and President Biden.
Many carmakers and charging companies are switching to the Tesla plug for electric vehicles. Why are they doing that and what will it mean?
As extreme weather events lead to more power outages, the carmaker said it would equip all its electric vehicles to act as sources of emergency power.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.