The price reductions in the United States will make more of the company’s electric vehicles eligible for a federal tax credit.
Category: Tesla Motors Inc
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Tesla Cuts Prices Sharply as It Moves to Bolster Demand
The New York Times – Business: -
Mercedes-Benz Plans to Build U.S. Electric Car Charging Network
The New York Times – Business:The network could help increase the low number of charging stations, encouraging more people to buy electric vehicles.
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Tesla Sales in China Slump as Competition Intensifies
The New York Times – Business:Worry about the carmaker’s sales in the world’s largest car market is one reason the shares have plunged.
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Auto Sales Likely Fell in 2022 Because of Supply Chain Chaos
The New York Times – Business:Automakers have been hampered by the supply of semiconductors and higher interest rates.
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Tesla Investors Fear for a Tough 2023
The New York Times – Business:A huge sell-off wiped billions of dollars from the electric carmaker’s market capitalization on Tuesday. Analysts see more trouble ahead.
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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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Why China’s Economy Faces a Perilous Road to Recovery
The New York Times – Business:Years of lockdowns took a brutal toll on businesses. Now, the rapid spread of Covid after a chaotic reopening has deprived them of workers and customers.
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Crypto Mogul Sam Bankman-Fried’s ‘Epic’ Legal Battle
The New York Times – Business:The disgraced crypto entrpreneur was freed on $250 million bond, but is due back in court in early January on federal fraud charges.
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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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Would Elon Musk Actually Step Down as Twitter’s C.E.O.?
The New York Times – Business:The Twitter owner has said he will resign as chief executive, but it’s far from certain whether he would actually step down as the boss.