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Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them
Finance
Tesla’s price cuts are driving down car values so much that EV makers are sending checks to leasing firms to compensate them
By Elisabeth Behrmann, Wilfried Eckl-Dorna and BloombergFebruary 21, 2024
An electric vehicle shown charging in a car parking spot
Tech
British EV maker, once valued at $13 billion, has gone into bankruptcy protection without making any sales—after getting kicked out of Nasdaq
By Prarthana PrakashFebruary 6, 2024
Warren Buffett said Ferrari was ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value
Finance
Warren Buffett said Ferrari was ‘in a special place’ 8 months ago. Now it’s nearing a $100B market value
By Steve MollmanFebruary 1, 2024
As Chinese electric vehicles spread overseas, German car-parts maker says it must ‘adapt in order to survive’—by boosting sales in China
Tech
As Chinese electric vehicles spread overseas, German car-parts maker says it must ‘adapt in order to survive’—by boosting sales in China
By Stefan Nicola and BloombergDecember 10, 2023
Workers issue nickel ore in the furnace process .
Asia
Electric-vehicle batteries need nickel, and Indonesia has the biggest reserves. Now it wants a partnership with U.S., and the Biden admin is listening
By Trevor Hunnicutt, Ernest Scheyder and ReutersNovember 12, 2023
Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
Finance
Carmakers are struggling to make electric vehicles affordable for pinched consumers—and rethinking their investments amid sagging demand
By David Welch and BloombergNovember 4, 2023
Charlie Munger says Elon Musk is outclassed by the head of China’s BYD—poised to overtake Tesla in global sales of fully electric vehicles
Success
Charlie Munger says Elon Musk is outclassed by the head of China’s BYD—poised to overtake Tesla in global sales of fully electric vehicles
By Steve MollmanNovember 2, 2023
Autoworkers are still talking with GM, Ford and Stellantis but the UAW says ‘We have a long way to go’ and warns of an expanded strike
Success
Autoworkers are still talking with GM, Ford and Stellantis but the UAW says ‘We have a long way to go’ and warns of an expanded strike
By David Koenig and The Associated PressSeptember 19, 2023
A GM worker with median pay would have to work 362 years to make the CEO’s annual compensation
Finance
A GM worker with median pay would have to work 362 years to make the CEO’s annual compensation
By Alexandra Olson and The Associated PressSeptember 17, 2023
13,000 auto workers walk off the job at GM, Ford and Stellantis factories as UAW strike begins
Success
13,000 auto workers walk off the job at GM, Ford and Stellantis factories as UAW strike begins
By Tom Krisher, Corey Williams, Mike Householder and The Associated PressSeptember 15, 2023
What to know about the UAW auto workers strike against GM, Ford and Stellantis that could paralyze the U.S. auto industry this week
Finance
What to know about the UAW auto workers strike against GM, Ford and Stellantis that could paralyze the U.S. auto industry this week
By Tom Krisher and The Associated PressSeptember 11, 2023
Elon Musk and Tesla poised to benefit from ‘highly likely’ UAW strike against Detroit’s Big 3—and the timing is just right
Tech
Elon Musk and Tesla poised to benefit from ‘highly likely’ UAW strike against Detroit’s Big 3—and the timing is just right
By Steve MollmanSeptember 10, 2023
UAW president throws automaker proposals in trash as tensions ahead of possible union strike intensify: ‘Be ready to stand up for yourselves’
Finance
UAW president throws automaker proposals in trash as tensions ahead of possible union strike intensify: ‘Be ready to stand up for yourselves’
By Michelle Chapman, Tom Krisher and The Associated PressSeptember 9, 2023
American new car shoppers now only have one option under $20,000 as automakers jettison compact vehicles
Finance
American new car shoppers now only have one option under $20,000 as automakers jettison compact vehicles
By Tom Krisher and The Associated PressAugust 21, 2023
BYD chairman Wang Chuanfu
Praised by Elon Musk, top Chinese EV maker BYD urges China’s car brands to go global and ‘demolish the old legends’
By Steve MollmanAugust 13, 2023
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