Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
China wants to dominate the market for the cars of the future, and it has set its sights on Brazil’s giant auto market.
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
The driver gave testimony in a federal trial about Tesla’s role in a 2019 accident that killed a woman in Florida.
As the likes of Ford and Mercedes retreat, China is building factories and bringing affordable electric vehicles and hybrids to one of the world’s biggest markets in Brazil, and ultimately, the rest of Latin America. Somini Sengupta, our international climate reporter, explains.
The heat is so clean and alive.
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.
China’s national champion carmaker BYD embodies a state-led industrial model that America may no longer be able to compete with.
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.