Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
Biden’s China Tariffs Are the End of an Era for Cheap Chinese Goods
The president’s move to protect strategic manufacturing sectors from low-cost competition aims to increase jobs, but consumers might not like the costs.
Don’t Slam the Door on Inexpensive Chinese Electric Vehicles
Electric vehicles shouldn’t be a luxury item, but Biden’s tariffs mean they may remain so.
Few Chinese Electric Cars Are Sold in U.S., but Industry Fears a Flood
Automakers in the United States and their supporters welcomed President Biden’s tariffs, saying they would protect domestic manufacturing and jobs from cheap Chinese vehicles.
‘It Is Desolate’: China’s Glut of Unused Car Factories
Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Tesla Earnings Report Could Add to Concerns About Its Strategy
Analysts expect first-quarter results to show a decline in profits, fueling worries that competitors will grab a bigger slice of slowing electric car sales.
Tesla Seeks to Revive Musk’s $47 Billion Pay Deal After Judge Says No
The company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware.
Tesla Will Lay Off More Than 10% of Workers
Elon Musk’s electric car company reported a drop in sales in the first three months of the year, and its profit margin has been falling for months.
Tesla’s Sales Drop, a Sign That Its Grip on the E.V. Market Is Slipping
Sales of the company’s electric cars dropped in the first three months of the year, even as other automakers sold more battery-powered vehicles.
China Sets Economic Growth Target of About 5%
Premier Li Qiang targets economic growth of about 5 percent this year as China signals readiness to borrow more for spending programs.