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Category: Automobiles

Posted on November 8, 2022

Lucid Said It Will Raise Up to $1.5 Billion in Capital

The electric carmaker made the announcement on the same day it reported losing $670 million in the third quarter.
Posted on October 26, 2022

Ford Lost Money in the Third Quarter as Costs Surged

The automaker is struggling with supply chain problems and wrote off its investment in a self-driving technology business.
Posted on October 26, 2022

How Biden Uses His ‘Car Guy’ Persona to Burnish His Everyman Image

In the run-up to the midterm elections next month, President Biden is hoping his gearhead reputation will appeal to some parts of the Trump base.
Posted on October 25, 2022

GM Reports Increased Profits in Third Quarter Amid High Inflation

General Motors sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Posted on October 25, 2022

G.M. Reports Jump in Profit on Strong Sales

The automaker sold more cars in the third quarter after struggling with a shortage of computer chips earlier in the year.
Posted on October 24, 2022

Tesla Cuts Prices in China in Sign of Slowing Demand

Shares of the company slumped as investors worried about increasing competition.
Posted on October 19, 2022

E.V.s Start With a Bigger Carbon Footprint. But That Doesn’t Last.

The manufacturing and disposal of electric vehicles result in more greenhouse gases than nonelectric models, but that difference will eventually disappear altogether.
Posted on October 19, 2022

Tesla’s Profit Jumped in Third Quarter on Strong Sales

The electric carmaker is growing fast but investors are worried that sales are starting to slow because of higher prices and interest rates.
Posted on October 19, 2022

E.V. Bonanza Flows to Red States That Denounce Biden Climate Policies

No Republican in Congress voted for the Inflation Reduction Act. But their districts and states will greatly benefit from the investments spurred by the law.
Posted on October 14, 2022

Nikola Founder Trevor Milton Is Convicted of Fraud

Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks.

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