It didn’t make many headlines, but last week, at a meeting of the International Maritime Organization, something potentially world-changing happened. The United Nations agency, which regulates the shipping industry, essentially committed to creating the world’s first global carbon price. “I’m very confident that there is going to be an economic pricing mechanism by this time […]
Read MoreTag: Tesla Motors Inc
How Elon Musk Became ‘Kind of Pro-China’
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 policy changes that benefited Tesla. He also got workers accustomed to long hours and fewer protections, after clashing with U.S. regulators over labor conditions at his California plant. The Shanghai […]
Read MoreTesla’s Pivot to China Saved Musk. It Also Binds Him to Beijing.
When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease. Mr. Musk had reason to celebrate. A few years earlier, with Tesla on the brink of failure, he had bet on China, […]
Read MoreTesla’s Troubles Raise Questions About Its Invincibility
Elon Musk appeared to be in a defiant mood Wednesday when he stood before employees at Tesla’s factory near Berlin a week after an arsonist set fire to a high-voltage power pylon and brought production to a standstill. “They can’t stop us,” Mr. Musk, the company’s chief executive, told workers in a giant tent beside […]
Read MoreBMW Is a Surprise Winner in Electric Vehicles
As BMW car bodies glided down an assembly line in Munich recently, showered by sparks from robotic welders, it was hard to tell which vehicles would be powered by batteries, fuel-burning engines or both. In the view of many analysts, that is not a good thing. The German automaker’s electric vehicles are made on the […]
Read MoreToyota’s Hybrid-First Strategy Is Delivering Big Profits
In today’s high-tech, high-stakes auto industry, fortunes can change quickly, and there’s no better example of that right now than Toyota Motor. Not long ago, it looked as if Toyota had fallen dangerously behind in electric vehicles. Tesla, the electric car pioneer, has grown rapidly and become the world’s most valuable automaker. Seeing Tesla’s success, […]
Read MoreMusk vs. OpenAI, Europe’s Tech Crackdown and a Month With the Vision Pro
This transcript was created using speech recognition software. While it has been reviewed by human transcribers, it may contain errors. Please review the episode audio before quoting from this transcript and email transcripts@nytimes.com with any questions. casey newton Casey, did you hear about the guy who was arrested for trying to steal a driverless car? […]
Read MoreOpenAI Says Elon Musk Tried to Merge It With Tesla
OpenAI, in its first public comments about Elon Musk’s lawsuit against the influential artificial intelligence research lab, said that Mr. Musk tried to transform the lab from a nonprofit into a for-profit operation before he left the organization in early 2018. The comments, made in a blog post published on Tuesday evening, are part of […]
Read MoreVolkswagen Sees Electric Vehicles as a Way to Grow in the U.S.
Probably only Americans of a certain age remember when the Volkswagen Beetle was the best-selling imported car in the United States and the hippest ride to a Grateful Dead concert was a Volkswagen Microbus. Volkswagen is trying to tap some of that nostalgia in its latest push to regain the status and sales it enjoyed […]
Read MoreElon Musk Says SpaceX Has Switched Incorporation to Texas
The rocket company SpaceX has switched where it is incorporated to Texas from Delaware, its founder, Elon Musk, said on Wednesday, weeks after a Delaware judge voided his pay package at Tesla, another company he owns. The Texas secretary of state, Jane Nelson, issued a certificate confirming that the state has accepted the company’s filing […]
Read MoreTesla’s Board Chair Under Scrutiny for Oversight of Elon Musk
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 […]
Read MoreHow 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,” […]
Read MoreStop Wearing Vision Pro Goggles While Driving Your 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 […]
Read MoreHow Nevada Is Pushing to Generate Jobs Beyond the Casinos
Before the pandemic brought everyday life to a halt, Joe Kiele supported himself through the industry that dominates Nevada’s economy. He waited tables at a steakhouse inside a casino in Reno. Four years later, Mr. Kiele, 49, remains in Reno, yet he now spends his workday inside a factory. In place of worrying about the […]
Read MoreTesla Recalls About 2.2 Million Electric Vehicles Over Warning Light Font Size
Tesla is recalling about 2.2 million vehicles because the font on the warning lights panel was too small to comply with safety standards, U.S. regulators said on Friday. “Warning lights with a smaller font size can make critical safety information on the instrument panel difficult to read, increasing the risk of a crash,” the National […]
Read MoreElon 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 of directors 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 […]
Read MoreElon Musk’s Tesla Pay Package Is Voided by Judge
A Delaware judge ruled on Tuesday in favor of Tesla shareholders who sued to block the pay package that helped make Elon Musk, the carmaker’s chief executive, a billionaire many times over and the world’s wealthiest human being. “The process leading to the approval of Musk’s compensation plan was deeply flawed,” Chancellor Kathaleen St. J. […]
Read MoreWhat Hefei, China’s EV City, Says About the State of the Economy
Ultramodern factories churn out electric cars and solar panels in Hefei, an industrial center in the heart of central China. Broad avenues link office towers and landscaped parks. Subway lines open at a brisk pace. Yet at Hefei’s market for construction materials, which fills 10 city blocks, local merchants are gloomy. Wu Junlin, a vendor […]
Read MoreTesla Drivers in Chicago Confront a Harsh Foe: Cold Weather
Charging stations in Norway see longer lines in the winter than summer, since vehicles are slower to charge in colder weather, but that has become less of an issue in recent years since Norway has built more charging ports, Mr. Godbolt said, citing a recent survey of members. Also, the majority of people in Norway […]
Read MoreMusk Demands Bigger Stake in Tesla as Price for A.I. Work
Elon Musk, the chief executive of Tesla, demanded that the company’s board give him shares worth more than $80 billion if it wants him to continue developing products based on artificial intelligence. Mr. Musk said Monday on X, the social media site he owns, that he needed to own 25 percent of Tesla to avoid […]
Read MoreSpaceX Illegally Fired Workers Critical of Musk, NLRB Says
Federal labor officials accused the rocket company SpaceX on Wednesday of illegally firing eight employees for circulating a letter critical of the company’s founder and chief executive, Elon Musk. According to a complaint issued by a regional office of the National Labor Relations Board, the company fired the employees in 2022 for calling on SpaceX […]
Read MoreTesla Sales Rebound After Steep Price Cuts
Tesla sales jumped during the last three months of 2023 after the carmaker slashed prices and customers rushed to take advantage of tax breaks on electric vehicles — provisions that will be harder to come by in 2024. The company said on Tuesday that it sold 484,500 cars in the fourth quarter, up from 435,000 […]
Read MoreTesla Strike in Sweden Highlights a Culture Clash
The Tesla technicians who walked off their jobs in Sweden say they still support the mission of the American company and its headline-grabbing chief executive. But they also want Tesla to accept the Swedish way of doing business. They call it the Swedish Model, a way of life that has defined the country’s economy for […]
Read MoreFewer Electric Vehicles Will Qualify for U.S. Tax Credits in 2024
Efforts to fight global warming could suffer a setback next year when new rules reduce the number of electric cars that qualify for a federal tax credit. The credits, up to $7,500 a vehicle, have helped make electric cars more affordable, bringing the cost of some models below $30,000. Next year, for the first time, […]
Read MoreWhat Car Owners Should Know About the Tesla Autopilot Recall
Drivers of Tesla vehicles will automatically receive the software updates the company is issuing to address concerns from federal auto safety regulators about its driver-assistance system, Autopilot. The updates, which Tesla will send to cars over cellular networks, will include new warnings and checks to make sure drivers are paying attention to the road and […]
Read MoreTesla Recalls 2 Million Vehicles Over Autopilot Software Issue
Tesla on Tuesday recalled more than two million vehicles to update a function designed to ensure drivers are focused when using its Autopilot feature, according to safety officials. The recall by Tesla, the world’s dominant maker of electric vehicles, was its fourth in less than two years. It covers nearly all models the company sells […]
Read MoreGoogle’s Next Top Model, Will the Cybertruck Crash? and This Week in A.I.
This transcript was created using speech recognition software. While it has been reviewed by human transcribers, it may contain errors. Please review the episode audio before quoting from this transcript and email transcripts@nytimes.com with any questions. casey newton Look, Kevin, in Silicon Valley, we have some really incredible names, just of companies. kevin roose That’s […]
Read MoreThe Fallout From Musk’s Profanity-laden Attack on Advertisers Isn’t Over
The Musk backlash isn’t over yet On Thursday was meant to be a big day for Tesla and its investors, as the electric vehicle maker finally began delivering to customers its much-ballyhooed Cybertruck pickup — its first new model in more than three years. Instead, Tesla’s shares fell nearly 2 percent. Some of that loss […]
Read MoreElon Musk’s Mindset: ‘It’s a Weakness to Want to Be Liked’
Listen and follow DealBook SummitApple Podcasts | Spotify | Amazon Music DealBook Summit includes conversations with business and policy leaders at the heart of today’s major stories, recorded live at the annual DealBook Summit event in New York City. Elon Musk’s Starlink satellites connect every corner of the world to the internet. His electric car […]
Read MoreElon Musk and Other DealBook Summit Highlights
“Is that clear?” Andrew here. Yes, I was surprised at what Elon Musk said at the DealBook Summit on Wednesday — you can see that in the moment from our conversation when he left me temporarily speechless. But I would encourage everyone to watch the entire interview, as we covered so much more than that. […]
Read MoreU.A.W. Announces Drive to Organize Nonunion Plants
The United Automobile Workers union announced Wednesday that it was undertaking an ambitious drive to organize plants owned by more than a dozen nonunion automakers, including Tesla and several foreign companies — a goal that has long eluded it. The move comes weeks after the U.A.W. won new contracts from General Motors, Ford Motor and […]
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