Germany’s Leader, Olaf Scholz, Walks a Fine Line in China
Chancellor Olaf Scholz tried to promote German business interests while delivering warnings from Europe about trade and geopolitical tensions.
Tesla Will Lay Off More Than 10% of Workers
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.
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.
Tesla Profit Falls in Second Quarter
The world’s largest maker of electric cars struggled with production problems in China.
Trams, Cable Cars, Electric Ferries: How Cities Are Rethinking Transit
Urban transportation is central to the effort to slow climate change. It can’t be done by just switching to electric cars. Several cities are starting to electrify mass transit.
Tesla’s Factory in Berlin Runs Into Activists, Red Tape and Lizards
Elon Musk wanted to tap German engineering expertise, but may have gotten more local culture than he had bargained for.
Tesla’s Factory in Berlin Runs Into Activists, Red Tape and Lizards
Elon Musk wanted to tap German engineering expertise, but may have gotten more local culture than he had bargained for.
German Automakers Are Charged Up and Ready to Take on Tesla
As Tesla completes a factory in Berlin, Mercedes-Benz and Audi are introducing electric cars in bids to defend their dominance of the luxury market.