Category: Electric and Hybrid Vehicles

Tesla Bulls Take Heart From Strong Profits

The New York Times – Business:
Shares in the electric carmaker continued to rally after the company reported strong profits, even amid growing competition and economic pressures.
Tesla’s Profit Jumped 12% in Fourth Quarter

The New York Times – Business:
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior of Elon Musk.
Climate Change May Bring New Era of Trade Wars, as E.U. and U.S. Spar

The New York Times – Business:
Countries are pursuing new solutions to try to mitigate climate change. More trade fights are likely to come hand in hand.
Tesla Will Build Heavy Trucks at a New Factory in Nevada

The New York Times – Business:
The $3.6 billion investment, which also includes a new battery factory, presents a challenge to traditional truck makers that have been slow to sell electric vehicles.
Elon Musk Said Tesla Buyout Plan Didn’t Involve ‘a Specific Number’

The New York Times – Business:
Under questioning, Mr. Musk said he hadn’t discussed how much money investors would put in to help him take his car company private.
Elon Musk Says Saudi Fund Wanted to Take Tesla Private

The New York Times – Business:
Mr. Musk is testifying in a lawsuit filed by investors who claim that his statements about a plan to take Tesla private in 2018 caused them to lose billions of dollars.
Elon Musk Testifies That His Tweets Did Not Drive Tesla’s Stock Price

The New York Times – Business:
The chief executive of Tesla testified in a federal civil trial about a 2018 plan to take the automaker private that fizzled out.
British Battery Start-Up Files for Bankruptcy

The New York Times – Business:
The failure of Britishvolt is a blow to Britain’s plans to promote the manufacture of electric cars, and threatens the future of its automotive industry.
Elon Musk’s Appetite for Destruction

The New York Times – Business:
A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?
Elon Musk Faces Trial Over His 2018 Plan to Take Tesla Private

The New York Times – Business:
Investors are seeking billions of dollars in damages for their losses after Mr. Musk posted a proposal on Twitter that never materialized.
Tesla Cuts Prices Sharply as It Moves to Bolster Demand

The New York Times – Business:
The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
Korean Solar Company Plans to Build $2.5 Billion Plant in Georgia

The New York Times – Business:
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.