In a desperate attempt to stimulate sales and prop up a stock price dropping like a rock, Elon Musk’s Tesla has reduced the prices of three of its five models in the United States.
On Friday’s broadcast of Bloomberg’s “Wall Street Week,” Steve Rattner, who ran President Obama’s task force on the auto industry, stated that it is “especially tough” to make an inexpensive electric vehicle and that due to the vehicles needing less
Electric vehicle (EV) sales plunged across Europe in March as demand dried up despite the E.U.’s push to ban petrol and diesel vehicles by the middle of the next decade.
Elon Musk’s Tesla has announced a significant reduction in its global workforce, with layoffs affecting more than 10 percent of its employees.
Tesla owners reportedly waited hours to charge their vehicles after Monday’s total solar eclipse. The long lines at charging stations are like salt in the wound of EV owners who are forced to wait as their cars charge enough to reach home — a major concern when major traffic days can cause long delays.
The latest polling from Gallup shows that public support for transitioning to an electric vehicle (EV) has dropped by quite a lot since 2023.
Breitbart’s Jim Pinkerton believes there is a profitable and practical solution to the issue of carbon emissions that doesn’t involve banning gas-powered vehicles.
U.S. Treasury Secretary Janet Yellen told China that the Biden administration will “not accept” a flood of cheap industry-destroying exports.
China’s effort to jump-start its economy by exporting a vast quantity of cheap manufactured products is running into unexpected resistance from the United States, European Union, and even developing nations such as Brazil and Mexico. All of these nations are concerned with market disruptions caused by a tidal wave of Chinese imports, as happened during the “China Shock” two decades ago.
The fossil fuel industry is cashing in on the $7.5 billion for electric vehicle (EV) charging stations that President Joe Biden approved in the Inflation Reduction Act, lobbying to have the stations built at existing gas station locations.
During an interview with the Fox News Channel released on Thursday, Rep. Don Davis (D-NC) said that he has concerns about the regulations on gas cars put in place by the Biden administration and argued that we need to “follow
Apple is exploring the field of personal robotics as a potential new growth area following the cancellation of its electric vehicle project earlier this year.
Secretary of Transportation Pete Buttigieg said Tuesday on Fox News Channel’s “America Reports” that people who do not want electric cars were like those who wanted “landline phones forever.”
On Tuesday’s broadcast of the Fox News Channel’s “America Reports,” Transportation Secretary Pete Buttigieg stated that “the automotive sector is moving towards EVs” and China pushed for an advantage in the EV market “because that’s the economically smart play” but
President Joe Biden has set a goal of creating a national network of 500,000 publicly available electric vehicle (EV) chargers by 2030 as part of his grand all-encompassing climate agenda.
In a major shift from its long-standing aversion to advertising, Elon Musk’s Tesla has recently begun investing in paid media campaigns across various platforms, showing the company’s desperation to revitalize sales and convince Americans that EVs are the future of transportation.
Tesla’s lackluster sales performance in the first quarter of 2024 has caught many analysts off guard, signaling deeper issues for both Elon Musk’s electric vehicle manufacturer and the entire EV market.
The Biden administration has begun a crackdown on emissions generated by heavy duty diesel trucks and buses with regulations announced Friday aimed at forcing those vehicles to work towards meeting zero pollution targets.
“Ford will drastically cut the number of hourly workers at its factory that builds the Ford F-150 Lightning as sales of electric vehicles slow,” a local media outlet reported.
Tires on EVs have far less durability and wear much more quickly than tires on traditional gas-powered cars, a study shows.
Ohio Republican U.S. Senate candidate Bernie Moreno told Sirius XM’s Breitbart News Saturday that the “manic move to electric vehicles” will “destroy” the U.S. auto industry and greatly benefit China.
The Biden administration’s push for electric vehicles (EVs) is exacerbating the country’s inflationary woes by driving up the price of auto insurance, Breitbart Economics Editor John Carney told Fox Business host Larry Kudlow.
Democrats are siding with former President Donald Trump in suggesting that the United States must protect the nation’s auto workers.
Jason Isaac, the founder and CEO of the American Energy Institute, discusses the Biden administration’s new environmental regulation requiring automakers to phase out gas-powered vehicles.
Republican Ohio Senate candidate Bernie Moreno, who won his primary on Tuesday, quickly set his sights on Democrat incumbent Sherrod Brown.
President Joe Biden has issued a new environmental federal regulation to begin phasing out gas-powered cars, requiring American automakers to produce Electric Vehicles (EVs) as part of his sweeping green energy agenda.
The Merriam-Webster dictionary defines the term “bloodbath” as a “major economic disaster,” a characterization used by Donald Trump.
Elon Musk’s Tesla has suffered another safety setback after a tenacious lithium-ion fire battery suddenly hit a Tesla EV driving on an Ohio highway which led to a three-hour closure of the northbound lanes of Route 255 in Bethalto, Illinois on Sunday. Thankfully, the driver and their passengers safely escaped the burning vehicle before it was too late.
He Xiaopeng, the CEO of XPeng Motors, predicts a “bloodbath” against America’s auto industry with the help of cheap China-made electric vehicles (EVs).
The Biden administration is set to finalize its harsh tailpipe emissions regulations on gas-powered vehicles on Wednesday.
Industry insiders agree with former President Trump’s suggestion that China is looking to annihilate American auto manufacturing.
The chief executive officer of rental car company Hertz Global Holdings Inc. is resigning after a bet on electric vehicles crumbled.
Elon Musk’s Tesla, once hailed as the vanguard of the electric vehicle revolution, is facing mounting doubts about its ability to sustain growth and maintain its dominance in the increasingly competitive EV market. With its shares down 32 percent since January, the electric vehicle giant is the worst performing stock in the S&P 500 so far this year.
Nolte: The euphoria around electric vehicles has come to an end.
Electric vehicles including EVs produced by Elon Musk’s Tesla release more toxic emissions into the atmosphere and are worse for the environment than gas-powered vehicles, a resurfaced study from 2022 revealed.
Democrats want to “permanently” make China a “winner in our transportation,” Michigan Republican U. S. Senate candidate Mike Rogers (R) said.
Drivers who are “scared of change” are guilty of avoiding electric vehicles (EVs) and need to change their ways, the boss of loss-making European car company Polestar warned.
After a decade of secret development, Apple has scrapped its plans to build an EV to compete with Tesla. The tech giant had announced plans to release its debut EV in 2028 just last month.
Apple’s hitherto secret effort to develop its own self-driving electric vehicle (EV) has reached a dead end. Multiple sources confirmed to news outlets Wednesday the iPhone maker has dumped the project after a decade’s work delivered little return on investment.
Mercedes-Benz has backtracked on their plan to transition to selling only electric vehicles after 2030, with company officials saying that “market conditions” have not allowed that to happen.
