Ford Motor also reported a sharp drop in profits in the first three months of the year.
Category: Electric and Hybrid Vehicles
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Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
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Tesla Chair Denies That Board Sought to Replace Elon Musk
Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.
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How Much Time Will Musk Devote to Tesla?
The carmaker denied a report that its board had explored finding a successor to Elon Musk. But even if he sticks around, he and the company face big challenges.
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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
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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.