Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.
Category: Automobiles
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Will the Trump’s Tariffs Spoil Earnings Season?
General Motors is the latest company to record a hit from the president’s trade war. But so far, investors remain upbeat.
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G.M. Profit Shrinks on Billion-Dollar Tariff Hit
General Motors was the second auto company this week, after Stellantis, to show the toll that President Trump’s trade policies are taking on the industry.
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China’s Problem With Competition: There’s Too Much of It
The Chinese government is taking steps to rein in what it calls “involution,” or excessive competition that is hurting local companies and fueling the country’s deflationary spiral.
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Tesla Driver Testifies Autopilot Failed to Prevent Fatal Crash
The driver gave testimony in a federal trial about Tesla’s role in a 2019 accident that killed a woman in Florida.
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Stellantis Says Profit Plunged as Tariffs Began to Bite
The company, which owns Jeep, Peugeot, Fiat and other brands, said it might soon have to begin raising prices.
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U.S. Proposes Steep Tariffs on Critical E.V. Battery Material
The Commerce Department plans to impose a 93.5 percent levy on Chinese graphite, an essential ingredient in the batteries that power electric vehicles.
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Ford Says Battery Plant’s Tax Break Survived Republican Attacks
Slight changes to the big budget bill left the factory’s tax credits intact, according to the carmaker, which will use the batteries to make more affordable electric vehicles.
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Tesla Sales Fall as Elon Musk Focuses on Self-Driving Cars
The company has devoted resources to autonomous driving rather than developing new models to attract car buyers.
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How U.S.-Japan Tariff Talks Got Stuck on Cars and Rice
Negotiations have stalled ahead of next week’s deadline, with some suggesting Japan misjudged the depth of President Trump’s frustration over Tokyo’s policies.
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How Republican E.V. Cuts Could Put U.S. Carmakers Behind China
China’s lead in electric vehicle technology, which is already huge, could become insurmountable if incentive programs are slashed, auto experts and environmentalists say.
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Trump’s Threat of More Tariffs Slows Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on their critical industries.