A bipartisan package includes the largest-ever federal spending for electric vehicle charging stations, public transit and clean water.
Ford has had to halt or slow production of highly profitable models like the F-150 pickup truck and various sport-utility vehicles.
The electric car company made $1 billion in the second quarter as its revenue roughly doubled from the same period a year earlier.
The deal would provide badly needed cash to a company that said this summer that it could go out of business without raising more money.
The auto giant bet on hydrogen power, but as the world moves toward electric, the company is fighting climate regulations in an apparent effort to buy time.
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.
The automaker has told owners of the 51,000 vehicles, from the 2017 to 2019 model years, to take precautions until defects are remedied.
Two new books, Eric Berger’s “Liftoff” and Tim Higgins’s “Power Play,” explore Musk’s terrestrial and extraterrestrial pursuits — and what has made him so successful.
The automaker said it would invest 40 billion euros, or $47 billion, on electric cars, vans and light commercial vehicles by 2030.
Elon Musk wanted to tap German engineering expertise, but may have gotten more local culture than he had bargained for.