AvatarThe New York TimesAvatarAvatar3 hours agoTesla Seeks to Revive Musk’s $47 Billion Pay Deal After Judge Says Noverified_publisherThe New York Times - Jack EwingThe company’s directors are asking shareholders to again approve the multibillion-dollar compensation plan and to move the company’s registration to Texas, from Delaware. Facing criticism that it is overly beholden to Elon Musk, Tesla’s board of directors said on Wednesday that it would essentially …
AvatarThe New York TimesAvatarAvatar2 days agoTesla Will Lay Off More Than 10% of Workersverified_publisherThe New York Times - Jack EwingAlong with the departure of two senior executives, the cuts added to signs of turmoil at the electric car company. Signs of turmoil at Tesla multiplied on Monday after the electric car company told employees it would lay off more than 10 percent of the work force to cut costs and two senior …
AvatarThe New York TimesAvatarAvatar4 days agoMost N.Y.C. Drivers Who Honk Are Breaking the Law. Can They Be Stopped?verified_publisherThe New York Times - Erin NolanThe city’s noise code has limited the use of vehicle horns for almost a century. Enforcing the law is another matter. Hardly a second had passed since the light turned green, but there was already a symphony of honks and beeps and toots urging traffic forward on Columbus Avenue. About a minute …
AvatarThe New York TimesAvatarAvatar5 days agoTell Us: Has Elon Musk’s Behavior Affected How You View Tesla?verified_publisherThe New York Times - Jack EwingMr. Musk, the chief executive of Tesla, has turned off many people with polarizing remarks on social media, and it may be affecting the automaker’s sales. Endorsing an antisemitic post on X. Withholding Starlink satellite internet service from Ukraine to prevent a drone attack on Russian forces. …
AvatarThe New York TimesAvatarAvatarWhat Happened When a German Car Factory Went All Electricverified_publisherThe New York Times - Jack EwingZwickau, a city in Germany’s east, may not be as famous as Detroit, but its economy has revolved around internal combustion engines since August Horch established Audi here at the beginning of the 20th century. So when Volkswagen announced in 2018 that it would convert its Zwickau factory, the …
AvatarThe New York TimesAvatarAvatarFord Slows Its Push Into Electric Vehiclesverified_publisherThe New York Times - Neal E. BoudetteThe automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast. Ford Motor on Thursday delayed the production of at least two new electric cars and said it would pivot to making more hybrids. Its decision was the latest sign that large …
AvatarThe New York TimesAvatarAvatarNASA Picks 3 Companies to Help Astronauts Drive Around the Moonverified_publisherThe New York Times - Kenneth ChangThe agency’s future moon buggies will reach speeds of 9.3 miles per hour and will be capable of self-driving. NASA will be renting some cool wheels to drive around the moon. Space agency officials announced on Wednesday that they have hired three companies to come up with preliminary designs for …
AvatarThe New York TimesAvatarAvatarTesla’s Sales Drop, a Sign That Its Grip on the E.V. Market Is Slippingverified_publisherThe New York Times - Jack EwingSales of the company’s electric cars dropped in the first three months of the year, even as other automakers sold more battery-powered vehicles. Tesla appeared to be losing command of the market it effectively created after it reported a stunning drop in quarterly sales on Tuesday, raising fresh …
AvatarThe New York TimesAvatarAvatarAuto Industry Expects Minimal Disruption From Port Shutdownverified_publisherThe New York Times - Neal E. BoudetteBaltimore is a top destination for car shipments, but companies are finding ways to use other ports on the East Coast. Concerns about the impact of the Baltimore bridge collapse on auto imports and exports are beginning to ease as car companies turn to other ports along the East Coast. On Thursday, …
AvatarThe New York TimesAvatarAvatarA Pivot to China Saved Elon Musk. It Also Binds Him to Beijing.verified_publisherThe New York Times - Mara HvistendahlTesla and China built a symbiotic relationship, with credits, workers and parts that made Mr. Musk ultrarich. Now, his reliance on the country may give Beijing leverage. When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his …
AvatarThe New York TimesAvatarAvatarHow Elon Musk Became ‘Kind of Pro-China’verified_publisherThe New York Times - Mara HvistendahlMr. Musk helped create China’s electric vehicle industry. But he is now facing challenges there as well as scrutiny in the West over his reliance on the country. When Elon Musk first set up Tesla’s factory in China, he appeared to have the upper hand. He gained access to top leaders and secured …
AvatarThe New York TimesAvatarAvatarAutomakers Are Rerouting Car Shipments Away From Baltimoreverified_publisherThe New York Times - Neal E. BoudetteThe city’s port ranks first in the country for the volume of automobiles and light trucks it handles. Several large automakers said on Tuesday that they were working to reroute shipments of cars because of the collapse of the Francis Scott Key Bridge in Baltimore. The Port of Baltimore plays an …