Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.
Category: Automobiles
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How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.
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How Elon Musk Might Use His Pull With Trump to Help Tesla
Although Donald Trump has opposed policies that favor electric cars, if he becomes president he could ease regulatory scrutiny of Tesla or protect lucrative credits and subsidies.
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G.M.’s Electric Vehicle Sales Surge as Ford Loses Billions
Ford is struggling to make money on battery-powered models while General Motors, which started more slowly, says it is getting close to that goal.
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For First Time in 87 Years, Volkswagen May Close 3 Plants in Germany
The automaker’s top employee representative told workers that management planned to shutter the factories to cut costs amid slumping sales.
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Tesla’s Third Quarter Earnings Report Robust Profit Increase
The electric car company said profits climbed 17 percent in the third quarter as strong sales of energy products helped to make up for relatively slow auto sales.
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I Can’t Buy a House. I Can’t Shop. I’m Too Worried About the Election.
Election anxiety is causing many consumers to avoid big-ticket purchases like houses, weddings and cars. “Every four years this happens,” one former car dealer said.
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Michael Valentine, Who Helped Drivers Stay Under the Radar, Dies at 74
An engineer who loved to drive fast, he helped build an industry-altering device that made its debut after the national speed limit of 55 m.p.h. became law.
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Tesla Self-Driving System Will Be Investigated by Safety Agency
The National Highway Transportation Safety Administration said it was looking into what Elon Musk’s electric car company called the full self-driving system.
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Why GM’s Mary Barra Still Believes in EVs, Despite Slow Sales
Mary Barra, G.M.’s chief executive, said that the company had fixed battery-manufacturing problems and that its electric vehicles would soon be profitable.
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Chinese Automakers Show Force at Paris Auto Show
Weeks after Europe imposed additional tariffs on electric vehicles made in China, the country’s car companies were defiant at France’s leading auto event.