Mr. Musk dug into his companies’ budgets, preferring to cut too much rather than too little and to deal with the fallout later. Under Donald Trump, he is set to apply those tactics to the U.S. government.
President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American automakers.
Tesla said a defect could cause the electric truck to lose driver power and pledged to replace the affected part for free.
The Tesla billionaire is a key figure in the president-elect’s orbit. One question is whether his views on climate and clean energy will have any sway.
Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.
Electric vehicles are a top-tier issue in Michigan, where both candidates have framed a vote for their opponent as a threat to the state’s auto industry.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.
Communities that suffered the worst of plant closings in recent decades are now gaining an outsize share of fresh investment and new jobs.