Electric

Tesla releases its first-quarter earnings on Tuesday as the EV maker faces competitive and economic headwinds that have investors looking to CEO Elon Musk for a reversal of fortune.

Experts warned that EVs pose numerous problems including technological, affordability, range, weather, infrastructure and economic concerns.

Car dealers have said that they are not yet convinced that electric vehicles should be the only car in the house as the Biden administration pushes forward.

Tesla announced that it will cut the price for its Full Self-Driving software by one-third from $12,000 to $8,000 as it looks to boost customer demand amid a difficult quarter.

Elon Musk's Tesla announced price cuts for its Model Y, Model X and Model S vehicles on Friday following a disappointing deliveries report showed quarterly deliveries down.

GMC's new 2024 Sierra EV Denali 1 will be available this summer with a longer range than previously projected and the automaker's "CrabWalk" diagonal driving feature.

Tesla, the world's most valuable automaker, will lay off about 10% of its global workforce, a move that will affect about 15,000 workers.

American consumers concerned about emissions are opting for hybrid vehicles as a green alternative to all-electric, and the trend is expected to continue in 2024.

The U.S. Court of Appeals for the District of Columbia allowed the EPA's waiver for California's zero emissions standards for tailpipes and EV requirements to proceed.

Treasury Secretary Yellen met with Chinese Premier Li Qiang on Sunday during her trip to China and raised concerns about China's overproduction of EVs and green tech.

Apple has informed California officials that it is laying off 614 workers in the state, months after it reportedly canceled its electric car project.

Tesla CEO Elon Musk said the electric vehicle maker is raising the compensation of its artificial intelligence engineers due to OpenAI "aggressively recruiting" them.

Ford Motor Co. said it is delaying the production of two new electric vehicle models — an SUV and a pickup truck — as global demand for EVs continues to slow.

Tesla's first-quarter delivery figures showed the first decline in nearly four years and fell well short of Wall Street's estimates with mounting competition from China playing a role.

Utilities experts speak with FOX Business about the nation's readiness to accommodate wider adoption of electric vehicles in the coming decade.

Chinese electronics maker Xiaomi is reportedly informing buyers of its new SU7 electric vehicle that they could face wait times of up to seven months.

Tesla is expected to announce sluggish sales figures to cap a difficult first quarter of 2024, which has seen its stock slide nearly 30% amid tough competition with Chinese EV makers.

Tesla is getting some more electric vehicle competition in China with Xiaomi's release of the SU7 sedan this week, according to Barron's.

Tesla is expected to release first-quarter delivery figures next week that show a sales slump due to increasing competition in China as well as lower demand due to high interest rates.

Bethalto, Illinois fire crews responded to Route 255 on Sunday afternoon after a Tesla battery reportedly caught fire and posed potential issues with hazardous materials.