Tesla’s Share of U.S. Electric Car Market Falls Below 50%
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
A new report estimates that the company led by Elon Musk accounted for just under half of all battery-powered vehicles sold in the second quarter of the year.
Leaders in Brussels, Washington and beyond are trying to curb China’s automobile ambitions amid rising trade tensions and fears of a glut of Chinese cars flooding global markets.
Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset.
The three U.S. automakers say they are already at a disadvantage to nonunion rivals while labor leaders hope that big gains in negotiations will inspire workers in Southern states to unionize.
The companies will jointly spend at least $1 billion to build a North American network in an effort to persuade more people to buy battery-powered cars and trucks.
More technology and creature comforts, as well as a parade of new electric vehicles, have complicated the job after accidents.
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