The electric-car company led by Elon Musk no longer has the market to itself. Investors are focusing on autonomous driving and other new technologies.
Sales of the company’s cars are flagging, but investors are focusing on the potential of autonomous driving and Mr. Musk’s ties to President-elect Donald J. Trump.
The Japanese companies are considering joining forces to survive in a rapidly changing auto industry, but auto history is filled with troubled and failed marriages.
Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.
A pesar de que Trump se ha opuesto a las políticas que favorecen a los vehículos eléctricos, si llega a la presidencia podría aliviar el escrutinio regulatorio de Tesla o proteger los créditos y subsidios lucrativos.
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
Alcon Entertainment, the Hollywood company behind “Blade Runner 2049,” said it had denied a request to use images from the movie but that Mr. Musk did so anyway.
The National Highway Transportation Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.