On Sunday, Tesla CEO Elon Musk said the company managed to meet a self-imposed deadline to produce 5,000 Model 3 cars in a week.
Author: CNBC Online news
Tesla hits Model 3 production target, but shares turn lower
Tesla said Monday that it met a closely watched goal for production, however it fell short on deliveries during the second quarter.
Ford’s European boss takes a jab at Tesla
Alex Kraus | Bloomberg | Getty Images Steven Armstrong, Ford Motor Co. Adding more fuel to the growing feud between Ford and Tesla, a Ford executive had a snappy rejoinder ready for Elon Musk when the Tesla CEO tweeted on Sunday that the company hit its production goals.
Trump tariffs could add $5,000 to price of new cars and trucks in US
“While we understand that the administration is working to achieve a level playing field, tariffs are not the right approach,” the Alliance said. “Tariffs on autos and auto parts raise vehicle prices for all customers, limit consumer choice and invite retaliatory action by our trading partners,” it said. “Automakers support reducing trade barriers across the… Continue reading Trump tariffs could add $5,000 to price of new cars and
trucks in US
Elon Musk lashes out at the media, again
Elon Musk had some choice words for reporters Thursday.
Why it doesn’t matter if a Harley is ‘made in America’
So back to our original question, what does it really mean to be “made in America”? Since the 1980s, U.S. companies have been using this label in their advertising to push back against foreign competition as global production expanded into Asia and elsewhere. In this era of “America First,” the Trump administration has doubled down… Continue reading Why it doesn’t matter if a Harley is ‘made in
America’
Apps like Uber and Lyft could improve public transportation instead of undercutting it
The number of innovative transit partnerships is growing rapidly, but the jury is still out on what types of partnerships can yield win-wins for communities, companies and transit agencies. An overarching goal should be to increase mobility – that is, passenger miles traveled – while reducing vehicle miles traveled. This will only happen if ride-hailing… Continue reading Apps like Uber and Lyft could improve public transportation
instead of undercutting it
Why companies are scrambling for the once little-known element cobalt
The EU is reportedly considering international talks to cut car tariffs
Adam Berry | Getty Images An employee performs the final inspection of a Golf 7 automobile at the Volkswagen in Wolfsburg, Germany. The proposal is being looked at by officials in Brussels, the administrative heartland of the European Union, ahead of a meeting between Jean-Claude Juncker, the president of the European Commission, and President Donald… Continue reading The EU is reportedly considering international talks to cut
car tariffs
Tariffs create uncertainty in the automotive industry, says former Toyota exec
The Trump administration’s tariffs might hurt the car and truck industry more than help, auto industry veteran Jim Press told CNBC.