Tesla will spend more to increase production at two new factories.
Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.
Amazon Wants 100,000 Electric Vans. Can Rivian Deliver?
Amazon has ordered 100,000 trucks to cut its carbon dioxide emissions, but Rivian will take years to deliver.
Tesla Profit Falls in Second Quarter
The world’s largest maker of electric cars struggled with production problems in China.
Electric Car Sales Climb Sharply Despite Shortages
A scarcity of semiconductors and raw materials held back production, but buyers remain enthusiastic.
Manchin, Playing to the Home Crowd, Is Fighting Electric Cars to the End
The West Virginia senator, who holds the swing vote in negotiations for a budget plan, wants to cut incentives. The president and most Senate Democrats say buyer credits are crucial to fight climate change.
Advanced Batteries Move From Labs to Mass Production
Makers of batteries that could charge in a few minutes are setting up assembly lines, bringing the technology a big step closer to auto showrooms.
Ford Quarterly Sales Were Up Slightly From Last Year
The automaker sold 483,688 vehicles in the United States in the second quarter.
Tesla Sales Slow as the Pandemic Hobbles Production
The decline in deliveries by the electric carmaker in the second quarter was the first drop since the beginning of 2020. The main reason was factory shutdowns in China.
Icons of Italian Automotive Style Struggle to Go Electric
Ferrari and Lamborghini are trying to design battery-powered cars that inspire the same devotion as their costly internal combustion models.
Biden’s TikTok Problem
A BuzzFeed report raises questions about Biden’s approach to TikTok and Chinese deal-making.