Electric Vehicle (EV)

Ford Pleads for Government Aid to Sell EVs Nobody Wants

The UK government is being pushed by the Ford Motor Co. to mandate consumer incentives to push drivers into electric vehicles (EVs) as an industry backlash grows over imposed sales targets and the marketplace flatly rejecting the product.

CORTE MADERA, CALIFORNIA - JUNE 27: An electric car charges at a mall parking lot on June

Elon Musk Promises Tesla Robotaxis in a Few Years – Stock Drops 7%

Elon Musk unveiled Tesla’s latest autonomous vehicle concept, the “Cybercab” robotaxi, with his signature flair and ambitious timelines that have become all too familiar to investors. Promising driverless transportation in a few years with scant details, Musk’s presentation has fallen flat as Tesla shares are down seven percent in morning trading.

Elon Musk looks nonplussed