Elon Musk’s factory in China saved his company and made him ultrarich. Now, it may backfire.
A Tesla driver’s family had sought damages for the 2018 crash, which happened while the carmaker’s driver-assistance software was in use.
Sales of electric vehicles are sagging in part because they’re so boring to drive compared with their gas counterparts.
The United States wants to persuade China to dial back its green energy industrial strategy as the Biden administration subsidizes its own supply chain.
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.
The carmaker’s disappointing results point to slowing demand and a “sharp deterioration in growth” that extends beyond Elon Musk’s company.
Plus, the fight to see the eclipse.
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.
The latest proposal comes from Luca de Meo, the C.E.O. of Renault Group, who is pushing for an Airbus-inspired alliance that would help European automakers fend off competition from cheaper Chinese-made electric vehicles.
The latest in a string of ambitious climate regulations aims to clean up the heaviest polluters on the road. But truckers are worried.