The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.
Musk ayudó a crear la industria china de vehículos eléctricos. Pero ahora se enfrenta a desafíos allí, así como al escrutinio en Occidente por su dependencia al país.
Mr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country.
Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.
Mientras el precio de las acciones cae, los inversores se preguntan si la empresa, dirigida por Elon Musk, podrá resistir la intensificación de la competencia.
Federal prosecutors said the pair tried to sell technology to manufacture batteries for electric cars that belonged to the company.
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.
A boom in data centers and factories is straining electric grids and propping up fossil fuels.
La economía china se beneficia del aumento de las ventas de productos manufacturados al exterior, que crea empleos. Pero el impacto podría sentirse en las fuerzas laborales de Europa y Asia.
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
Once considered a laggard, the German luxury carmaker is one of only a few established automakers that has been able to compete effectively against Tesla.
Toyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.
The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to produce and sell more affordable vehicles.
Police believe the blaze at a high-voltage power pylon had been deliberately set, amid turmoil over the automaker’s plans to expand its assembly plant near Berlin.
A looming union election at a Volkswagen plant in Chattanooga could determine the trajectory of union organizing at more than a dozen auto factories.
¿Realmente queremos que Estados Unidos se convierta en un páramo automovilístico de coches sobrevaluados, caros y que consumen mucha gasolina?
Do we really want America to become a backwater of bloated, expensive, gas-guzzling cars?
A local town’s vote against the U.S. automaker’s proposed expansion is nonbinding, but citizens expect it to be honored.
It and other foreign automakers are trying to exploit upheaval caused by new technology to gain market share from their dominant rivals.
In a presidential battleground state, electric vehicles have emerged as a contested piece of the economic future — a job-killer or a job-creator.