Ford to Cut 4,000 Jobs in Europe as Electric Vehicle Sales Slow
The American automaker said the cost-cutting measure would help it compete with Chinese rivals in the face of slowing demand for electric vehicles.
How Elon Musk Cuts Costs at Tesla, SpaceX and X
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.
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement builds on an earlier announcement in which the German automaker said it would invest up to $5 billion in Rivian, a maker of electric vehicles. The new venture brings them closer.
G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
Tesla’s Third Quarter Earnings Report Robust Profit Increase
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
Tesla Sales Increase, Suggesting Electric Car Demand Is Rebounding
The automaker reported a gain of 6.4 percent for the latest quarter, its first such increase this year.
G.M. and Hyundai Plan to Work Together on New Vehicles
General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies.
Elon Musk Says Robotaxis Are Tesla’s Future. Experts Have Doubts.
Tesla says self-driving taxis will power its growth, but the company hasn’t said when such a service would be ready or how much it would increase profits.
Oil Companies are Thriving as the World Pushes for Clean Energy
High prices and growing demand have helped U.S. oil producers take in record profits despite global efforts to spur greater use of renewable energy and electric cars.