A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
Category: Electric and Hybrid Vehicles
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Tesla Investors Fear for a Tough 2023
The New York Times – Business: -
Tesla Car Sales Rose 18% in Last Quarter
The New York Times – Business:The company’s rapid growth is expected to ease as the economy slows and demand for its electric cars weakens.
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Which Electric Vehicles Qualify for Federal Tax Credits?
The New York Times – Business:Here is a partial list of electric and plug-in hybrid vehicles that will qualify for federal tax credits in 2023.
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Jeep Plant Shutdown Imperils Illinois Town and 1,350 Workers
The New York Times – Business:Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
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Elon Musk’s Distraction Is Just One of Tesla’s Problems
The New York Times – Business:The maker of electric cars faces sharp competition, plummeting shares and production woes while its chief executive is preoccupied with Twitter.
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Tesla’s Direct Sales Model Helps It Thwart Customer Lawsuits
The New York Times – Business:Sales contracts prevent buyers of the company’s electric cars from pursuing class-action suits if something goes wrong.
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In a Future Filled With Electric Cars, AM Radio May Be Left Behind
The New York Times – Business:Carmakers say electromagnetic interference causes static and noise on AM transmissions, annoying customers. Broadcasters say they could lose a connection to their core listeners, who rely on the radio for emergencies.
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Workers at E.V. Battery Plant in Ohio Vote to Unionize
The New York Times – Business:The result, at a plant owned by General Motors and a South Korean company, is a milestone for the auto union in organizing electric vehicle workers.