Hyundai to Invest $21 Billion in US in Bid to Avoid Trump’s Tariffs
Hyundai already makes cars in the United States, in Georgia and Alabama.
It Is Happening Every Day, Every Where
Hyundai already makes cars in the United States, in Georgia and Alabama.
More than 80 Teslas were damaged in Hamilton, Ontario, the police said, amid other acts of vandalism against the company owned by Elon Musk.
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.
The German luxury carmaker said its latest compact sedan solved problems that had kept people from buying electric vehicles.
A lot has changed since former President Joseph R. Biden Jr. snubbed Elon Musk at an event in 2021.
President Trump has spent years bashing electric vehicles. But with Elon Musk by his side, he said he would buy a bright red one.
The automaker’s shares soared after Election Day as Elon Musk took a high-profile role as a Trump adviser. Now those gains have evaporated.
The backlash against the electric vehicle company has turned violent at times, as its billionaire chief executive parlays his support for President Trump into consequential influence over the federal government.
The electric car company led by Elon Musk builds all the cars it sells in the United States in California and Texas, shielding it from tariffs that could devastate competitors.
February numbers show the U.S. electric car maker is struggling to attract buyers in the region, as anger at Elon Musk’s politics intensifies.