Electric Vehicles Start to Enter the Car-Buying Mainstream
While sales are still skewed toward affluent buyers, more people are choosing electric vehicles to save money.
Rivian Lost $1.7 Billion in the Third Quarter
The electric truck maker said it had enough cash to fund its operations through 2025.
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.
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.
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.
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.
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.
Tesla Cuts Prices in China in Sign of Slowing Demand
Shares of the company slumped as investors worried about increasing competition.
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.
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.