Musk, Bezos, Bankman-Fried, Trump: It Was a Bad Week for Billionaires
Musk, Bezos, Bankman-Fried, Trump: some of our most prominent billionaires laid waste to their carefully cultivated image as benevolent saviors.
This Remote Mine Could Foretell the Future of America’s Electric Car Industry
Hiding a thousand feet below the earth’s surface in this patch of northern Minnesota wetlands are ancient mineral deposits that some view as critical to fueling America’s clean energy future.
Ford to Cut 3,000 Jobs to Reduce Costs in Transition to Electric Vehicles
The automaker said the move was needed to be competitive and reallocate resources.
Tesla to Cut 10% of Salaried Staff, Musk Tells Employees
The electric carmaker has been growing fast in recent years, but Elon Musk, its chief executive, appears to be concerned about a weakening economy.
Ford Plans 6,000 New Union Jobs in Three Midwestern States
The automaker said the move would further its electric-vehicle goals. It may also defuse tensions with the U.A.W. ahead of contract talks next year.
Jobs Data May Show Peak Employment
Despite strong job growth, all the positions lost during pandemic may not be regained.
Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
The German automaker, which has made cars in the state for decades, has invested $1 billion in a factory to supply the power for electric vehicles.
California Sues Tesla, Saying It Permitted Racial Discrimination at Factory
The suit comes months after a jury awarded a former Black employee at the electric carmaker’s San Francisco-area factory $137 million.
Este podría ser el año crucial para los vehículos eléctricos
“Es una de las principales transformaciones industriales quizá en la historia del capitalismo”, dijo un ejecutivo de la industria. La creciente demanda por los coches eléctricos está impulsando una transición radical que podría beneficiar al medioambiente.
General Motors to Spend $7 billion on Electric Vehicle Plants
The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.