Republicans and some Democrats tried to repeal a waiver issued by the Biden administration that allows federally funded E.V. chargers to be made from imported iron and steel.
Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
There is always something to be grateful for.
President Biden’s support for autoworkers helped them make big wage gains, and labor organizers are looking to bring about similar gains elsewhere as carmakers transition to electric vehicles.
The United Automobile Workers said on Friday it had secured an important concession from General Motors regarding the contracts of workers at battery factories.
The industry’s transition to battery power is already underway. Republican presidential candidates are pushing to reverse course.
Vivek Ramaswamy will end his day in Michigan with a rally opposing plans by a Chinese subsidiary to build an electric vehicle battery factory in the state.
Why I’m worried about the next phase of the Inflation Reduction Act’s ro
The former president will be making a campaign stop in Michigan on Wednesday amid the United Automobile Workers’ strike. He has both appeased unions and sought to circumvent them.
The president and his leading Republican rival are heading to Michigan to address members of the U.A.W., whose political clout is growing.