Automobiles

Subterms

    Latest story

    113 Shares45 Views

    Rage Against Elon Musk Turns Tesla Into a Target

    by

    Tesla charging stations were set ablaze near Boston on Monday. Shots were fired at a Tesla dealership in Oregon after midnight on Thursday. Arrests were made at a nonviolent protest at a Tesla dealership in Lower Manhattan on Saturday.The electric car company Tesla increasingly found itself in police blotters across the country this week, more than seven weeks after President Trump’s second inauguration swept Tesla’s chief executive, Elon Musk, into the administration as a senior adviser to the president.Mr. Musk, 53, is drawing increasing backlash for his sweeping cuts to federal agencies, a result of the newly formed cost-cutting initiative Mr. Musk has labeled the Department of Government Efficiency.During a demonstration on Saturday at a gleaming Tesla showroom in the West Village neighborhood of Manhattan, protesters joined in chants of “Nobody voted for Elon Musk” and “Oligarchs out, democracy in.” One held a sign saying, “Send Musk to Mars Now!!” (Mr. Musk also owns SpaceX.)Shots were fired at the Tesla dealership in Tigard, Ore., this week.Tigard Police DepartmentSeveral hundred protesters remained there for two hours, organizers said, blocking entrances and shutting down the dealership.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    More stories

    • 188 Shares48 Views

      in Elections

      An Oregon Family Vanished in 1958. Their Car May Have Been Found in a River.

      by

      The case of the Martin family’s disappearance has bewildered local residents and investigators for more than six decades — until Friday.On Dec. 7, 1958, Ken and Barbara Martin of Portland, Ore., took their three daughters on a family trip through the mountains en route to collect Christmas greenery. They stopped at a gas station near Cascade Locks, Ore., on the banks of the Columbia River, but were never heard from again.The case of the Martin family’s disappearance has bewildered local residents and investigators for more than 66 years — until Friday.Acting on a tip from a diver, the authorities spent two days dredging up parts of a car in Cascade Locks that they believe is the Martins’ 1954 red and off-white Ford station wagon — potentially bringing at least part of the mystery of their disappearance to a close.Shortly after the family’s disappearance, the authorities speculated that their car might have gone over a cliff near the city of Cascade Locks, plunging into the Columbia River in an isolated area, The Associated Press reported at the time.But there were no immediate answers, even in 1959, after the authorities recovered the bodies of two of the three Martin daughters in the river: Virginia, 13, and Sue, 11, who were found 25 miles apart. Barbara, 14, and her mother and father, ages 48 and 54, were nowhere to be found.Ken and Barbara Martin, center, with their children in 1952. Their children are, from left, Barbara, Sue, Donald and Virginia. Donald was not on the trip when the rest of the family disappeared.Uncredited/Ken Martin family, via Associated PressWe are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 113 Shares131 Views

      in Elections

      Elon Musk Is Focused on DOGE. What About Tesla?

      by

      Mr. Musk, one of President Trump’s main advisers, has not outlined a plan to reverse falling sales at the electric car company of which he is chief executive.Elon Musk’s role as President Trump’s cost-cutting czar and his immersion in right-wing politics appears to be diverting his attention from Tesla at a perilous moment for the electric car company.Tesla’s car sales fell 1 percent last year even as the global market for electric vehicles grew 25 percent. Mr. Musk has not addressed that underperformance, and he has offered no concrete plan to revive sales. He has also provided no details about a more affordable model Tesla says it will start producing this year. In the past, Mr. Musk spent months or years promoting vehicles before they appeared in showrooms.And he has spent much of his time since the election in Washington and at Mr. Trump’s home in Florida — far from Austin, Texas, where Tesla has its corporate headquarters and a factory, or the San Francisco Bay Area, where it has a factory and engineering offices.In the past decade or so, Tesla went from a struggling start-up to upending the global auto industry. The company sold millions of electric cars and generated huge profits, forcing established automakers to invest billions of dollars to catch up. Tesla’s success has been reflected in its soaring stock price, which helped make Mr. Musk the world’s richest person.But now, he seems to have lost interest in the grinding business of developing, producing and selling cars, investors and analysts say. That could have serious ramifications for his company and the auto industry, which employs millions of people worldwide.Even before he joined the Trump administration as the head of the Department of Government Efficiency, Mr. Musk’s running multiple companies had led investors and corporate governance experts to wonder whether he was spread too thin. Besides Tesla, Mr. Musk controls and runs SpaceX, whose rockets carry astronauts and satellites for NASA and others; X, the social media site; and xAI, which is developing artificial intelligence. And he wants to colonize Mars.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 88 Shares116 Views

      in Elections

      Nikola, Electric Truck Maker, Files for Bankruptcy

      by

      The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a viable business.Nikola, an electric vehicle start-up that had once hoped to become the Tesla of heavy trucks, filed for bankruptcy protection on Wednesday.Founded in 2015, Nikola promised to develop long-haul semi trucks powered by hydrogen and electricity, and listed itself on the stock exchange in 2020 before it had sold a single vehicle. Its share price surged briefly as individual investors and some Wall Street firms clamored to bet on companies that they thought could replicate Tesla’s success and its soaring stock price.Investors’ short-lived enthusiasm for Nikola made its founder, Trevor Milton, and other early investors wealthy. But before long, significant doubts emerged about Mr. Milton’s claims about the company’s technology and orders from customers. He was soon ousted, and later convicted on fraud charges.In recent quarters, Nikola had begun delivering small numbers of electric trucks but far too few to make money. Late last year, the company said it had $200 million in cash and $270 million in long-term debt. Its stock plunged in early February on reports that the company was nearing a bankruptcy filing.The company said in a release it had about $47 million in cash on hand, and intended to continue “limited” service and support for trucks out on the road. The bankruptcy filing listed liabilities of between $1 billion and $10 billion, and put the number of creditors it owes at between 1,000 and 5,000.Nikola is one of several fledgling electric vehicle companies that have struggled to turn their ideas into actual cars and trucks.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 100 Shares147 Views

      in Elections

      State Department Revises Plan to Buy Armored Teslas

      by

      Tesla’s name was removed from a State Department document that listed planned vehicle purchases after the existence of the list was reported late Wednesday. The potential award raised questions about why the government was giving a lucrative contract to the company, which is led by Elon Musk, one of President Trump’s most important advisers.A department procurement forecast for 2025 detailed purchases the agency expected to make, including $400 million for armored Tesla vehicles. The document did not specify which Tesla model, but the electric Cybertruck, which has a body of high-strength stainless steel, would be the most suitable.Later on Wednesday, a different version of the procurement document appeared online. It referred to “armored electric vehicles,” omitting any mention of Tesla.Mr. Musk spent more than $250 million to help elect Mr. Trump, who then appointed him as the leader of a cost-cutting initiative that’s been called the Department of Government Efficiency, or DOGE.Plans to spend $400 million on Tesla pickups raised eyebrows given that Mr. Musk has been posting almost hourly on X, the social media site he owns, about wasteful government spending.Tesla and the State Department did not respond to requests for comment. On X, Mr. Musk shared a post from a supporter that said a report on the topic by Rachel Maddow of MSNBC was a “hit piece.”We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 100 Shares109 Views

      in Elections

      Volkswagen Unions Begin Short Strikes and Threaten More

      by

      Workers at nine of the automaker’s German factories walked off their jobs for several hours, and warned they would escalate the action if their demands went unmet.Volkswagen workers across Germany escalated their labor dispute with management by walking off their jobs for several hours on Monday, and their union threatened longer strikes if their demands were not met.The automaker is in the middle of labor negotiations with IG Metall, the union representing most of its workers, as the company tries to reduce costs in an effort to return it to profitability. Volkswagen is seeking 10-percent wage cuts and threatening to close factories in Germany, the first such move in its 87-year history.Thousands of workers at nine of the company’s plants in Germany, as well as several other subsidiaries that are covered under a wage agreement with the automaker, staged two-hour strikes on Monday, demanding that Volkswagen guarantee their jobs and keep its factories open.IG Metall has threatened to start longer walkouts, or open-ended strikes, unless it is able to reach an agreement with Volkswagen managers.“If necessary, this will be the toughest collective-bargaining battle Volkswagen has ever seen,” said Thorsten Gröger, the chief negotiator and district manager for the union. “Volkswagen will have to decide at the negotiating table how long and how intense this dispute has to be.”The labor battle, the company’s first involving strikes since 2018, comes as Volkswagen, Germany’s leading automaker, faces slowing demand for its cars in Europe and Asia, as well as increased competition from Chinese automakers.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 75 Shares169 Views

      in Elections

      Tesla’s Stock Jumps After Trump’s Victory

      by

      Investors believe that the electric car company led by Elon Musk will benefit from his support of the president-elect.Elon Musk defied conventional corporate wisdom by committing wholeheartedly to Donald J. Trump’s presidential campaign, donating tens of millions of dollars and running a get-out-the-vote drive.Now that bet has paid off, giving Mr. Musk a direct line to the White House that he may be able to use to bend policy in ways that could benefit Tesla, his electric car company. Mr. Trump has even bandied the idea of appointing Mr. Musk to head a “government efficiency” commission.One indication of how much Tesla could benefit was evident on Wall Street Wednesday morning, when the company’s share price jumped about 10 percent.It is too early to say how much of Mr. Musk’s newly acquired political capital he will allocate to Tesla as opposed to his other businesses like SpaceX, a major government contractor, or xAI, an artificial intelligence start-up.But investors clearly believe that a Trump administration will be good for Tesla, despite the president-elect’s often-expressed disdain for electric vehicles and renewable energy.Mr. Musk’s top priority is likely to be easing regulations on self-driving software that he has described as pivotal to Tesla’s future. That could include pressuring the National Highway Traffic Safety Administration to be less aggressive in scrutinizing the company’s technology. The safety agency is investigating whether a Tesla system that the company calls “full self-driving (supervised)” was responsible for four collisions, including one that killed a pedestrian.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More

    • 88 Shares149 Views

      in Elections

      Volkswagen Profit Shrinks as Unions Threaten Strike

      by

      Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Volkswagen reported a 42 percent drop in quarterly profit on Wednesday, while emphasizing an “urgent need” to cut costs and gain efficiency in a challenging marketplace as it considers plant closures and layoffs in Germany.The automaker’s negotiator pointed to the company’s weak earnings ahead of his meeting with union leaders, who warned of imminent strikes if a solution to cut costs and restructure the brand was not found.The Volkswagen Group, which owns 10 brands, including Audi and Porsche, is Germany’s largest industrial employer, with 120,000 people working for its eponymous core brand. The country’s vision of itself as an economic powerhouse and automotive giant is also deeply intertwined with Volkswagen, and local economies across the country depend on the company and its well-paid workers.Representatives from the automaker and IG Metall, the union representing most of its workers, convened for a second round of wage negotiations on Wednesday in a conference room in the Volkswagen Arena, the stadium of the company’s professional soccer team, VfL Wolfsburg.Before the talks, Volkswagen reported that profit fell to 2.86 billion euros, or $3.1 billion, for the months of August to September, its lowest level in three years. The company is struggling against falling demand in China, the world’s largest car market, and high costs, especially in its homeland, Germany.“The situation is getting worse,” Arne Meiswinkel, the chief of personnel at Volkswagen, who is leading negotiations for the company, told reporters before the negotiations began.But union leaders insisted that a guarantee by the company that all 10 of its factories in Germany would remain open was a prerequisite for them to stay at the negotiating table. The union is prevented from staging any strikes until the end of November, but leaders said that they would begin preparing walkouts unless their demand was met.“We expect Volkswagen to declare its willingness to enter into negotiations with us on a viable future concept for all sites,” Thorsten Gröger, chief negotiator of IG Metall union, told reporters ahead of the talks.“Otherwise, I say quite clearly, we will have to plan the further escalation with our negotiating and bargaining committee,” he said.On Monday, the company’s top employee representative said that management had informed the works council that it was considering shutting down as many as three factories in Germany and laying off tens of thousands of workers. The closures would be the first in the 87-year history of the company and would be a further blow to Germany’s stagnant economy. More

    • 125 Shares109 Views

      in Elections

      ‘Hatred and Vitriol’ at the Trump Rally in New York

      by

      More from our inbox:What My Gut SaysThe Benefits of Electric CarsDonald Trump at Madison Square Garden.Kenny Holston/The New York TimesTo the Editor:Re “At the Garden, a Vivid Display of MAGA Fury” (front page, Oct. 29) and “The Pain of a Son’s Death, Worsened by Politics” (front page, Oct. 29):As I read these two articles, I wondered again where Trumpism has put its compassion. The first was about Donald Trump’s Madison Square Garden rally, which included unbelievable amounts of hatred and vitriol. The second told the story of the Springfield, Ohio, family who lost a son in a school bus accident involving a Haitian driver and has since faced heckling and threats for objecting to the politicization of the accident.I cannot vote for a party that voices that much hatred and talk of violence. Where is the compassion? Where is the love, mercy, justice, humility?Kent OlsonSioux Falls, S.D.To the Editor:Even eight years ago I would have been astonished if anybody at a Trump rally were to dispense the kind of raw racist hatred that was heard at Madison Square Garden, but I was not astonished this time. Donald Trump and his minions have put down the dog whistle and have picked up an industrial-strength bullhorn. Why? Because they know that it will resonate with a large section of the American population.We have to stop living in denial: The majority of Americans are not racist, but racism is not a fringe movement; it infects many millions. Mr. Trump would not be beating the drum so hard if this were not true.The disheartening hard truth is that whoever is in the White House, racism remains a national cancer. How can we battle it? I wish I had an answer, but I know this much: As a starting point, it is imperative that we acknowledge that the malignancy exists.David EnglishActon, Mass.To the Editor:What a coincidence. Sunday was also the 50th anniversary of the national day of solidarity with Puerto Rican independence, also held at Madison Square Garden, which drew nearly 20,000 people.We are having trouble retrieving the article content.Please enable JavaScript in your browser settings.Thank you for your patience while we verify access. If you are in Reader mode please exit and log into your Times account, or subscribe for all of The Times.Thank you for your patience while we verify access.Already a subscriber? Log in.Want all of The Times? Subscribe. More