Carvana Co. will lay off more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, The Wall Street Journal reported on Friday. The company was letting open positions go unfilled and several operations teams were working fewer than 30 hours a week or four-day work weeks, […]

Elon Musk can’t count on the head of Saudi Arabia’s sovereign wealth fund to help his defense at an upcoming trial over claims by investors that the Tesla Inc. CEO defrauded them in 2018. Through their lawyers, Yasir Al-Rumayyan and other officials from the kingdom’s Public Investment Fund argued to the judge overseeing the case

ANN ARBOR, Mich. — Vice President Kamala Harris highlighted investments in U.S. auto production and manufacturing in a visit to Michigan for a federal environmental policy talk. Electric vehicle and battery production is critical to “building a clean energy economy,” Harris said.Energy Secretary Jennifer Granholm joined Harris in Ann Arbor for the Thursday conversation about climate

An expansion of Tesla Inc.’s plant in Shanghai has been delayed, according to people familiar with the matter, over data concerns that risk putting a roadblock in the way of the U.S. EV maker’s ambition to keep growing in China. The so-called phase-three expansion originally slated to start mid-year would have seen the plant’s capacity

OTTAWA – Canada and Mexico have won their challenge to the U.S. interpretation of content rules for autos under the new North American trade pact, a dispute panel ruled on Wednesday, a decision that favors parts makers north and south of the U.S. border. A year ago Canada and Mexico filed a complaint against the