Tag: Automobiles

Trump Is Abusing His Tariff Power, Too

So here’s the story: Donald Trump has abused the powers of his office to threaten a U.S. ally. His threat is probably illegal; his refusal to produce documents about his decision process is definitely illegal. And his claims about the motivation for his actions don’t pass the laugh test. You probably think that I’m talking […]

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Wuhan Beyond the Coronavirus: Steel, Cars and Spicy Noodles

If Wuhan could be compared to an American city, it might be Pittsburgh — a much bigger, much hotter Pittsburgh. Wuhan, an industrial city in central China, straddles a river, the Yangtze. It is home to a troubled and declining steel industry. It is a university town filled with college students. The comparisons don’t go […]

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Tesla Value Hits $100 Billion. Will Elon Musk Get a Big Bonus?

Tesla’s share price hit a record high on Wednesday, surpassing a threshold that could ultimately unlock hundreds of millions of dollars in bonus compensation for its chief executive, Elon Musk. The award is contingent on a $100 billion market capitalization for Tesla — the milestone reached Wednesday — over a sustained period. In afternoon trading, […]

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G.M.’s Cruise Unveils a Self-Driving Car. Don’t Look for It on Roads.

SAN FRANCISCO — Cruise, the autonomous vehicle division of General Motors, unveiled an ambitious new vehicle on Tuesday that its executives said was “the beginning of the future beyond the car.” Emphasis on “beginning.” The futuristic electric vehicle, called the Cruise Origin, has a long road to travel before any passengers will be able to […]

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Detroit’s Revival Is Anchored in Its Train Station

DETROIT — Detroit’s former main train station, designed in the Beaux-Arts style by the same architects who created Grand Central Terminal in New York, has tall columns and vaulted ceilings that hint at its past glory. Yet much of the station is now crumbling, covered in rainbow graffiti and weathered by decades of rain and […]

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