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.
Electric Vehicles May Become Harder to Rent
Rental car firms are offering temporary deals on electric cars, which they are selling after they lost value more quickly than expected.
Biden Offers $1.7 Billion to Help Factories Build Electric Vehicles
A Jeep plant that closed last year will be among those that will benefit from federal grants meant to help automotive manufacturers and protect jobs.
Tesla’s Share of U.S. Electric Car Market Falls Below 50%
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
As the E.V. Revolution Slows, Ferrari Enters the Race
Growth in electric vehicle sales has been slowing, but the Italian luxury carmaker is stepping up investment and setting ambitious targets.
Auto Sales Grew Slightly in Second Quarter
High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months between April and June.
Elon Musk’s Politics May Be Pushing Some Buyers Away From Tesla
The Tesla chief executive’s polarizing statements have alienated some potential customers and may be partly responsible for a recent slump in sales.