General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
Category: Electric and Hybrid Vehicles
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Trump’s Tariffs Squeeze an Already Struggling British Car Industry
The 25 percent levies threaten automakers that are navigating Brexit, a shift to electric vehicles and other obstacles.
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Tesla and Volkswagen May Have a Leg Up As Tariffs Raise EV Prices
Electric vehicles will get even more expensive, but prices for Teslas and some other models may not rise as much as prices for some conventional cars.
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Tesla’s Falling Profit May Pressure Elon Musk to Return to Day Job
The carmaker is expected to report a decline in quarterly earnings after Tesla’s brand suffered because of its chief executive’s role in the Trump administration.
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CATL Announces Major Advances in E.V. Batteries
CATL, the world’s largest maker of batteries for electric vehicles, described breakthroughs that could make E.V.s more competitive with gasoline-powered cars.
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Carmakers Highlight U.S. Manufacturing in Bid to Influence Trump Over Tariffs
Wary of directly criticizing the president’s trade policies, automakers are emphasizing how much they have already invested in U.S. manufacturing.
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Tesla U.S. Sales Plunge as G.M. and Others Make Gains
Overall sales of electric vehicles rose almost 11 percent in the first three months of the year as traditional carmakers offered new models.
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Tesla Halts Orders in China on U.S. Imported Models
The removal of an “order” button from Tesla’s Chinese website came after Beijing raised tariffs on American imports in response to President Trump’s levies against the country.
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Trump’s Tariffs Are Already Reducing Car Imports and Idling Factories
A few carmakers have closed factories, laid off workers or shifted production in response to the auto tariffs that took effect last week.
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Britain Eases Rules on Electric Vehicles as Auto Tariffs Hit
Even before the latest tariffs by the Trump administration, Britain’s car industry was struggling.
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‘The Tsunami Is Coming’: China’s Global Exports Are Just Getting Started
A staggering $1.9 trillion in extra industrial lending is fueling a continued flood of exports that could be spread even wider across the world by the Trump tariffs.
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Used Tesla Market Heats Up as Owners Sell to Protest Elon Musk
Teslas that have been sold or traded in during the backlash against the company’s chief executive have become bargains on lots.