The electric carmaker maintained its momentum from last year even as larger automakers continue to struggle with parts shortages.
The price of nickel, an essential ingredient in most batteries, has soared because of fear that Russian supplies could be cut off.
The German automaker, which has made cars in the state for decades, has invested $1 billion in a factory to supply the power for electric vehicles.
The company said it expected to produce only 25,000 electric vehicles this year, adding a new cloud to its outlook only months after a hot I.P.O.
The White House effort is part of a push to reduce America’s dependence on foreign products, particularly those from China.
America must secure the raw materials that a clean energy future requires.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
Geopolitical tensions and a growing disparity between supply and demand have driven up prices. Here is what that means and what could happen next.
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.