Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.
About 80 percent of new cars sold in Norway are battery-powered. As a result, the air is cleaner, the streets are quieter and the grid hasn’t collapsed. But problems with unreliable chargers persist.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.
The electric car company’s decision to slash prices appears to have paid off in reviving demand.
Elon Musk is expected to announce plans for a new factory in Mexico and an array of other measures to win back investors’ favor.
The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving a scaled-down target.
An agreement with the White House to allow electric cars made by other automakers is part of a broad drive to improve charging and increase sales of battery-powered vehicles.
If successful, the workers who help develop Tesla’s Autopilot driver-assistance system would be the first group at the company to organize.
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.
Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its unusual stainless steel “exoskeleton.”