Tesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage.
Category: Electric and Hybrid Vehicles
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New Rules Will Still Push Carmakers to Sell More Electric Cars
New Biden administration auto rules are less forceful than an earlier proposal but will still add to market pressure for cheaper electric vehicles.
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U.S. Accuses Two Men of Stealing Tesla Trade Secrets
Federal prosecutors said the pair tried to sell technology to manufacture batteries for electric cars that belonged to the company.
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Tesla’s Troubles Raise Questions About Its Invincibility
As the share price plunges, investors wonder whether the company, led by Elon Musk, can withstand intensifying competition.
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Tesla Settles Discrimination Suit With Former Factory Worker
The carmaker and energy company settled with a Black man who had worked at its California factory and had won a $3 million judgment against the company.
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China’s Exports Surge Are Drawing a Global Backlash
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
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Toyota’s Hybrid-First Strategy Is Delivering Big Profits
Toyota, the world’s largest automaker, has been criticized for selling few electric vehicles, but its decision to focus on hybrids is paying off financially.
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Rivian Will Delay Construction of a $5 Billion Factory in Georgia
The money-losing electric vehicle company, which makes vans, trucks and S.U.V.s, is trying to preserve cash as it works to produce and sell more affordable vehicles.