But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Category: Electric and Hybrid Vehicles
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Truck Companies Sour on California’s Strict Clean Air Rules
A deal designed to force compliance with tougher emissions standards is as risk after the Trump administration intervened.
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Lyft and Baidu in Deal to Use Chinese Driverless Cars in Europe
Lyft and Baidu plan to start service early next year, joining Uber and Momenta in using electric cars from China, which are the least expensive even with tariffs.
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Inside Elon Musk’s Huge Payday
Tesla has awarded its chief executive a “first step payment worth roughly $29 billion to replace a plan blocked by a Delaware judge..
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Tesla Awards ‘Good Faith’ Shares to Musk Worth $29 Billion
The “interim” package announced on Monday was intended to help retain Elon Musk, whose previous pay plan was invalidated by a judge. The car maker’s chief has hinted that he needed a larger stake in the company.
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Trump Will Slow, but May Not Stop, the Rise of Electric Vehicles
President Trump and Republicans in Congress are eliminating federal incentives to buy electric vehicles, but carmakers need to keep selling and investing in them.
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Jury Says Tesla Was Partly to Blame for Fatal Crash
Lawyers for the family of a woman struck and killed by a Tesla sedan in 2019 argued that the company’s Autopilot software should have avoided the crash.
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Ford Is Latest Carmaker to Blame Tariffs for Profit Slump
The company estimated that duties on imported cars and car parts would cost it $2 billion this year.
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The Country Where 76% of Cars Sold Are Electric
Subsidies, hydroelectricity and a manufacturing powerhouse neighbor are moving the cars into Nepal faster than almost anywhere else.
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Elon Musk Sees ‘Rough’ Times Ahead
Shares in Tesla were down in premarket trading as the carmaker lays out the risks from President Trump’s tariffs and his scrapping of tax credits.
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Tesla Expected to Report Falling Profit as Car Sales Fall
Elon Musk has said that robotaxis are the company’s future, but most revenue still comes from cars.