The carmaker dismissed hundreds of employees in a unit that was critical to its success and seen as important to the future of electric vehicle sales in the United States.
The Cybertruck looks edgy, that’s for sure, but it has serious problems.
Elon Musk met with the country’s premier, a longtime Tesla ally, and secured regulatory nods and a necessary partnership with a Chinese tech company.
The National Highway Safety Administration said it had concerns about how Tesla handled the recall based on recent crashes and testing of cars that had been updated.
The Japanese automaker, which has been slow to sell electric vehicles, said it would invest $11 billion to make batteries and cars in Ontario.
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
The electric vehicle maker has announced price cuts and a Cybertruck recall ahead of Tuesday’s pivotal earnings report.
La empresa corre el riesgo de rezagarse en la industria que ayudó a crear. ¿Qué pasaría si eso sucede?
From cars to solar panels to furniture, China is using lavish bank lending and enormous investments in robotics to cement its global leadership in manufacturing.
A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.
And what would that mean for the climate?
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.
La planta de Volkswagen en Zwickau dejó de producir autos Golf y se cambió a los vehículos eléctricos, dejando en evidencia los riesgos y oportunidades para los pueblos y ciudades industriales.
Mr. Musk, the chief executive of Tesla, has turned off many people with polarizing remarks on social media, and it may be affecting the automaker’s sales.
Volkswagen’s plant in Zwickau stopped producing Golfs and switched to electric vehicles, illuminating the risks and opportunities for factory towns and cities.
Sales of electric vehicles are sagging in part because they’re so boring to drive compared with their gas counterparts.
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.