Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
G.M. Will Restart Cruise Taxi Service
General Motors said the self-driving division’s cars will operate in Dallas, Houston and Phoenix after an accident last year. Human drivers will supervise the cars.
Auto Sales Grew Slightly in Second Quarter
High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
Tesla Earnings Report Could Add to Concerns About Its Strategy
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.
¿Tesla ha alcanzado ya su punto máximo?
La empresa corre el riesgo de rezagarse en la industria que ayudó a crear. ¿Qué pasaría si eso sucede?
E.V. Sales Are Slowing. Tesla’s Are Slumping.
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.
Tesla’s Sales Drop, a Sign That Its Grip on the E.V. Market Is Slipping
Sales of the company’s electric cars dropped in the first three months of the year, even as other automakers sold more battery-powered vehicles.
Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor attributed the loss in the fourth quarter to charges related to pension plans and a restructuring of overseas operations.
G.M. Profits Hurt by Unsold Electric Vehicles and Strike
The automaker has placed a bet on battery-powered cars, but it has struggled to produce and sell the vehicles in large numbers.