Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Tesla Profit Doubles From Tax Effect, but Price Cuts Hurt

Quarterly earnings soared from a year earlier after the company booked a tax benefit, but increased competition and a price war took a toll, the electric-car maker said.
Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow

Hybrid Cars Enjoy a Renaissance as All-Electric Sales Slow

Automakers like Ford, Kia and Toyota are offering more hybrid options to appeal to buyers who aren’t ready for fully electric vehicles.