Tesla’s Elon Musk Blames Panasonic Battery Lines for Low Model 3 Output
Tesla Inc. CEO Elon Musk said Panasonic Corp. cell lines at the electric-car maker’s Nevada battery factory have been holding up production of its Model 3 sedans.
Electric-Vehicle Tax Credits Get Bipartisan Boost in Senate
A bipartisan group of senators introduced legislation April 10 that would extend a lucrative tax credit for electric vehicles that could benefit companies such as Tesla Inc. and General Motors Co.
April 10, 2019Tesla Plunges as Delivery Drop Deepens Demand Concerns
Tesla Inc. shares plummeted as a record decline in deliveries during the first quarter stoked concern of slackening demand for the Model 3 sedan that started selling less than two years ago.
Tesla’s Model 3 Shatters Record in Electric Car-Crazy Norway
Just weeks after Tesla Inc. started rolling out its Model 3 in Europe, the electric-car manufacturer has beaten the monthly sales record in its key Norwegian market by a wide margin.
Maine to Give $5.1 Million in Subsidies for EV Purchases
Maine will provide a $5.1 million subsidy and add at least 50 public vehicle charging stations to encourage residents and companies to buy all-electric vehicles.
Chattanooga VW Will Source EV Batteries From New Georgia Factory
Volkswagen’s Chattanooga, Tenn., electric vehicle assembly plant will use batteries produced at a $1.67 billion factory in Georgia.
VW to Cut Jobs, Costs in Transition to Electric, Autonomous Cars
Volkswagen AG’s main car brand plans to deepen cost cuts and ax more jobs as profits slip in the industry’s shift to electric and self-driving cars.
VW Boosts EV Push to 22 Million Cars as Porsche, Audi Slip
Volkswagen AG aims to produce almost 50% more electric cars than it targeted previously, boosting a bet that has already strained profit margins.
How the Cobalt Market Fell Victim to Allure of Electric Cars
Cobalt prices were surging so much last year that thieves were carrying out elaborate heists at warehouses in Europe’s busiest port. Now, prices are in free fall, and mining companies are taking the financial hit.
Tesla’s Model 3 Dominated Global Electric-Car Market in 2018
Tesla Inc.’s Model 3 sedan took command of the global electric-car market last year, outselling the nearest competitor by about 50%.