Republican Bill to End E.V. Tax Credit Could Hurt G.M. and Ford
A House Republican bill introduced this week would do away with tax credits that had encouraged Americans to buy electric vehicles and automakers to invest in new factories.
Automobiles
Tesla Board Chair Robyn Denholm Made $198 Million Selling Stock as Profit Fell
Robyn Denholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for President Trump and alienated many car buyers.
Carvana, a Used Car Retailer, Thinks Trump’s Tariffs Could be Good for Business
The chief executive of Carvana, which sells used cars online, said President Trump’s tariffs could help his company by increasing demand for its vehicles.
Is Slate Auto’s Electric Truck the Answer to Expensive Cars?
Slate Auto, a start-up backed by Jeff Bezos, plans to sell a small, spartan electric truck that comes with no paint, stereo or touch-screens.
Elon Musk’s Use of X Mimics Hearst’s and Ford’s Manipulation of Media
The Tesla billionaire is using his social media site X to rant and accuse. The politics of rage rarely worked out well for earlier moguls.
Car Prices Expected to Rise as Tariffs on Parts Kick In
Tariffs on imported parts will have a broad impact because all vehicles use components made abroad.
GM Cuts Profit Forecast by 20% and Says Auto Tariffs Will Cost It Billions
General Motors now expects to earn a lot less than it did before President Trump imposed 25% tariffs on imported cars and auto parts.
Tesla Chair Denies That Board Sought to Replace Elon Musk
Robyn Denholm, who leads Tesla’s board, said on social media that board members were “highly confident” in Mr. Musk, the company’s chief executive.
G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors also said its profit in the first three months of the year fell 7 percent from a year earlier.
Trump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The planned concessions to give automakers more time to relocate production to the United States would still leave substantial tariffs on imported cars and car parts.