The company is earning big profits on gasoline cars and trucks but is struggling to catch up to Tesla in the fastest-growing segment of the auto market.
Elon Musk’s electric car company is facing intensifying competition from newer Chinese automakers and established Western car companies.
Sales of electric vehicles have slowed recently partly because prices of some models like the F-150 Lightning had risen a lot.
Some energy experts say battery-powered vehicles will increasingly help keep the lights on and support electric grids, rather than straining them.
The automaker saw a big jump in deliveries of pickup trucks as demand from consumers and businesses remained strong.
The biggest U.S. automaker sold more trucks and sport-utility vehicles as supply chain problems eased and demand remained strong.
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.
The company bought a shuttered General Motors plant in Ohio but struggled to produce its pickup truck.
Buying an electric car has become much more complicated because of restrictions on which models qualify for a federal tax credit of up to $7,500.
Rules that take effect on Tuesday will limit the $7,500 credits to electric cars made domestically with minerals from the U.S. or trade allies.