Sixteen states argue the Postal Service failed to properly vet clean alternatives to polluting trucks that could get as little as 8.6 miles to the gallon.
His products are good for customers and good for the world.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
Tesla is highly traded, and Elon Musk’s sale of more than $16 billion worth of stock last year did not appear to push share prices lower.
The automaker reported an 11 percent jump in revenue for the first three months of the year compared with a year earlier.
Deliveries of the F-150 Lightning, Ford’s most important new vehicle in many years, will begin in the coming week, it said.
Mr. Musk has been building a stake in the social media company and last week made an unsolicited offer to acquire it outright.
The boutique British carmaker, known for lightweight sports cars more than supermarket runs, is planning to expand production substantially as it goes fully electric.
The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.
Ford’s chief executive is about to introduce an electric F-150 pickup truck that could determine whether the automaker can survive and thrive in an industry dominated by Tesla.