Ford Motor has written off $20 billion in electric vehicle investments but says it is forging ahead with an electric pickup that will sell for $30,000 next year.
Category: Tesla Motors Inc
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Ford Says an Affordable Electric Pickup Truck is Still Coming Next Year
The New York Times – Business: -
These Countries Embrace E.V.s to Avoid Oil Price Shocks
The New York Times – Business:People in Costa Rica and other Latin American, Asian and African countries are increasingly buying electric vehicles to avoid spiking fuel prices.
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Investors Fret Over Tesla’s $25 Billion A.I. Bet
The New York Times – Business:Elon Musk’s electric vehicle company said that it needs to spend big on artificial intelligence and robots. Wall Street is worried about the bill.
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Tesla Profit Rises but Remains Below Earlier Highs
The New York Times – Business:The company is investing in robots and self-driving taxis that are not yet generating significant sales.
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Musk’s SpaceX Goals Shift Ahead of Its I.P.O.
The New York Times – Business:As SpaceX prepares to go public, Mr. Musk has proposed moonshots that differ from the company’s original aim of reaching Mars.
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Ford Says Doug Field, Who Led Company’s E.V. Push, is Leaving
The New York Times – Business:Doug Field, a former Tesla and Apple executive, had returned to Ford Motor in 2021 to help develop new electric models and software.
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11 Electric Cars Worth a Look as Gas Prices Soar
The New York Times – Business:The war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used.
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Tesla Sales Rise as $4-a-Gallon Gas Revives Interest in E.V.s
The New York Times – Business:The repeal of tax credits last year sent electric vehicle sales plummeting. But with gas prices soaring, consumers are taking another, cautious, look.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
The New York Times – Business:Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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What to Know About Electric Cars When Gas Prices Are Surging
The New York Times – Business:War in Iran has disrupted global oil supplies, which is prompting some car shoppers to look for ways to climb off “the gas-price roller coaster.”