Elon Musk, the chief executive and public face of Tesla, is constantly making news and broadcasting his opinions on his social media site, X. But the electric car company has another leader — one who maintains a much lower profile. For more than five years, Tesla’s board has been led by Robyn M. Denholm, a… Continue reading Tesla’s Board Chair Under Scrutiny for Oversight of Elon Musk
Author: New York Times Online News
How China Built BYD, Its Tesla Killer
China’s BYD was a battery manufacturer trying its hand at building cars when it showed off its newest model in 2007. American executives at the Guangzhou auto show gaped at the car’s uneven purple paint job and the poor fit of its doors. “They were the laughingstock of the industry,” said Michael Dunne, a China… Continue reading How China Built BYD, Its Tesla Killer
How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
In July Michael Puglia drove home with what seemed like the coolest vehicle he’d ever own — a Ford F-150 Lightning electric pickup truck. It was big enough to haul around his children and all their hockey gear. He’d never have to gas it up, and the ride was exhilarating. “It’s unbelievably fast and responsive,”… Continue reading How Ford’s F-150 Lightning, Once in Hot Demand, Lost Its Luster
Vision Pro Goggles Are Not Safe While Driving a Tesla, U.S. Says
Videos being shared across social media this week depict an almost dystopian, futuristic scene: drivers of Teslas in Autopilot mode while wearing Apple Vision Pro headsets, seemingly unaware of the road in front of them. The videos led federal transportation officials to issue warnings. But are people really mindlessly riding around in Teslas in Autopilot… Continue reading Vision Pro Goggles Are Not Safe While Driving a Tesla, U.S. Says
The Land of Ferrari and Lamborghini Has a New Speed Limit: 30 K.P.H.
When Bologna became the first major Italian city to impose a speed limit of 30 kilometers, or 20 miles, an hour, Luca Mazzoli, a local taxi driver, posted a sign in his cab warning passengers of the change. He had to, he said grumpily the other day, “to explain why I am driving so slowly.”… Continue reading The Land of Ferrari and Lamborghini Has a New Speed Limit: 30 K.P.H.
Ford Reports Quarterly Loss but Says Sales Grew
Ford Motor said it lost $526 million in the final three months of 2023, mainly as a result of special charges related to its employee pension programs and the reorganization of some of its overseas operations. The automaker said its fourth-quarter revenue rose to $46 billion, from $44 billion a year earlier, thanks to strong… Continue reading Ford Reports Quarterly Loss but Says Sales Grew
G.M. Profits Hurt by Electric Car Business and Strike
General Motors said on Tuesday that its profit in the final three months of 2023 was depressed by the cost of a 40-day strike at some of its U.S. plants and an accounting charge related to electric vehicles. The automaker, which has been banking on a rapid rise in sales of battery-powered models, earned $2.1… Continue reading G.M. Profits Hurt by Electric Car Business and Strike
Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?
A Delaware judge’s decision to void the pay package that helped make Elon Musk the world’s richest person leaves Tesla’s board with some difficult decisions to make. Chancellor Kathaleen St. J. McCormick of the Delaware Court of Chancery on Tuesday ordered Tesla to cancel stock options awarded to Mr. Musk, the electric car company’s chief… Continue reading Elon Musk’s $50 Billion Tesla Pay Was Struck Down. What Happens Next?
G.M. Profits Hurt by Electric Car Business and Strike
General Motors said on Tuesday that its profit in the final three months of 2023 was depressed by the cost of a 40-day strike at some of its U.S. plants and an accounting charge related to electric vehicles. The automaker, which has been banking on a rapid rise in sales of battery-powered models, earned $2.1… Continue reading G.M. Profits Hurt by Electric Car Business and Strike
Truck Makers Team Up to Push for Electric Vehicle Chargers
There are more than four million electric vehicles on American roads, but fewer than 1,000 of them are heavy-duty trucks. On Tuesday, the three largest truck makers announced a push to remedy that deficit by calling on governments and utilities to help them build many more places to charge big rigs. Daimler Truck, which owns… Continue reading Truck Makers Team Up to Push for Electric Vehicle Chargers