Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
G.M. Profit Shrinks on Billion-Dollar Tariff Hit
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
Tesla Sales Fall as Elon Musk Focuses on Self-Driving Cars
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell
Robyn Denholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for President Trump and alienated many car buyers.
Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell
Robyn Denholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for President Trump and alienated many car buyers.
Ford Says Tariffs Will Cost Company $1.5 Billion in 2025
Ford Motor also reported a sharp drop in profits in the first three months of the year.
Tesla Chair Denies That Board Sought to Replace Elon Musk
Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.
Musk reducirá su tiempo en Washington mientras Tesla cae un 71 por ciento
El fabricante de automóviles comunicó el fuerte descenso de sus beneficios trimestrales después de que su marca se viera afectada por el papel de su presidente ejecutivo en el gobierno de Trump.
Tesla’s Falling Profit May Pressure Elon Musk to Return to Day Job
The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.