Job Cuts At Tesla, Musk Says Road Ahead Very DifficultSaying the road ahead was "very difficult," Tesla's CEO Elon Musk said Friday that the company would be cutting its staff by about 7 percent.
VW, Ford Team Up On Pickups And Vans, Explore Deal On ElectricsVolkswagen and Ford say they're forming a global alliance in which they will develop commercial vans and medium-sized pickups together.
Tesla Cuts Prices As 4Q Deliveries Miss Analysts' EstimatesShares of Tesla Inc. tumbled Wednesday after the company cut vehicle prices and announced 4th quarter sales figures that fell short of Wall Street estimates.
GM Fights Government To Retain Tax Credit For Electric CarsGeneral Motors is fighting to retain a valuable tax credit for electric vehicles as the company tries to deal with the political fallout triggered by its plans to shutter several factories.
Tesla Says Order By Monday To Get Full $7,500 Tax CreditUnder federal law, buyers get the full credit until a manufacturer reaches 200,000 in sales since the start of 2010.
Electric Promise: Volvo Cars Opens First U.S. FactoryVolvo Cars aims to make 130,000 hybrid or all-electric vehicles a year at the new factory, once it reaches peak capacity.
Tesla Raises Production, But Falls Short Of Model 3 GoalsElectric car maker Tesla increased the production of its Model 3 mass-market car in the first quarter, but still fell far short of the numbers that it had promised last summer.
In The Market For A Tesla? You'll Have To Hurry To Get The Tax CreditTesla is nearing a milestone level of sales that will result in the loss of a $7,500 federal tax credit aimed at encouraging Americans to buy electric cars.
Honda Prepares To Unveil New Compact Gas/Electric Hybrid SedanHonda said that it will unveil a new five-passenger gas/electric hybrid sedan at the Detroit auto show next month, and the company is bringing back the Insight name.
Tesla Wants To Electrify Big Trucks, Adding To Its AmbitionsAfter more than a decade of making cars and SUVs — and, more recently, solar panels — Tesla Inc. wants to electrify a new type of vehicle: big trucks.
GM Says Next-Gen Electric Cars Will Cost Less, Go FartherGeneral Motors is telling investors its next generation of electric vehicles will cost the company 30 percent less than current ones, making them profitable after the new version debuts in 2021.
GM To Offer 2 More Electric Vehicles In Next 18 MonthsEven though gasoline-powered vehicles are what people are buying now, General Motors is betting that electric vehicles will be all the rage in the future. In fact, they are promising two more electric vehicles in the next 18 months.