Tag TSLA

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Already this year, pricier electric vehicles got even more expensive for many potential buyers thanks to higher interest rates, which affect loan costs. Or, as Ford Motor Chief Executive Officer Jim Farley recently lamented: “They have become a political football.” President Biden’s support of the transition, through subsidizing manufacturing, extending tax credits for EVs and giving money for charging stations, has come under attack from Republican rivals seeking to challenge him for the White House next year...

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(Bloomberg) -- The incoming first female head of Germany’s most powerful labor union IG Metall is warning Elon Musk about efforts to avoid unionization at his Tesla Inc. factory near Berlin.Most Read from BloombergIsrael Latest: Biden Sees Israel-Saudi Thaw as Motive for AttackHere’s What 8% Mortgage Rates Will Do to the Housing MarketUS Presses Israel to Delay Gaza Invasion to Get Hostages OutStock Losses Deepen as S&P 500 Breaches Key Level: Markets WrapBiden’s Influence Turns Israel's Ground...

More than a decade has passed since the Tesla Model S first rolled off the production line. While it wasn’t the first electric vehicle (EV) to cross over into the mass market – the Nissan Leaf pipped it to the post – it was a game-changing car that suggested an all-electric future was imminent and even something to look forward to. Since then, the range of EVs on sale has grown considerably...

(Bloomberg) -- A refusal by the US to clarify when it would remove punitive trade measures against the European Union is a key reason the transatlantic allies failed to reach an accord on steel trade this week that would have resolved a Trump-era dispute, according to the bloc’s chief trade negotiator.Most Read from BloombergIsrael Latest: Hamas Releases Two US Hostages After Secret TalksHere’s What 8% Mortgage Rates Will Do to the Housing MarketUS Presses Israel to Delay Gaza Invasion to Get Ho...

Rite Aid  filed for bankruptcy following years of losses, failed mergers and opioid litigation. Filing for bankruptcy puts all pending litigation against the company on hold. Rite Aid will close more of its 2,100 stores and name a new chief executive as part of the restructuring...