Incentives and price cuts made Tesla electric cars cheaper than comparable gasoline models. But the company faces growing competition in China, a key market.
Deals with Ford and G.M. will make it easier to find a charger but could give Elon Musk control of critical infrastructure.
The electric car company, which operates the country’s most extensive charging network, struck a similar deal with Ford Motor recently.
Some shareholders saw the automaker’s decision to move up the deadline by two months as a way to suppress criticism during the company’s annual meeting on Tuesday.
Elon Musk’s seemingly erratic behavior is rational if one looks at the true source of his wealth.
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
The billionaire plans to compete with OpenAI, the ChatGPT developer he helped found, while calling out the potential harms of artificial intelligence.
The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
The facility will produce batteries the size of shipping containers to help electric utilities stabilize grids and use more renewable energy.
The electric car company’s decision to slash prices appears to have paid off in reviving demand.