Trump says he has 'no choice' but to support electric vehicles because Elon Musk 'endorsed me very strongly'

Tech Insider : Politics
Elon Musk, center, meets Donald Trump in the White House, 2017
Elon Musk, center, meets Donald Trump in the White House in 2017.

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Elon Musk is still being graded on a curve

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Elon Musk.
Elon Musk.

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Tesla is making money off cars its competitors aren't selling

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Elon Musk.
Elon Musk endorsed Trump in July.

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Tesla revenue goes beyond electric-vehicle sales. Here's how the automaker generates income

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A Tesla car charging up at a Tesla Supercharger.
A Tesla car at a Supercharger.

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Tesla's massive EV market share was never sustainable

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Brand new Tesla vehicles are parked outside a Tesla dealership.
Teslas parked outside a showroom.

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EVs aren't exciting anymore. Investors want to hear about software.

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Rivian CEO RJ Scaringe
Rivian CEO RJ Scaringe.

Carlos Delgado/AP

Bankrupt EV start-up Fisker wants to sell its 3,300 unsold electric vehicles at an 80% discount to a company that rents cars to NYC Uber and Lyft drivers

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Fisker warned staff they might be laid off if efforts to course correct are unsuccessful.
Fisker filed for Chapter 11 bankruptcy after years of unprofitable operations.

Michael Tullberg

Tesla's sales slumped for the 2nd quarter in a row, but things weren't as bad as investors feared

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Elon Musk standing against a backdrop that says Breakthrough Prize at a Breakthrough Prize ceremony
Tesla has sought to increase its sales with financing offers and reduced prices.

Kevin Winter/Getty Images

Hybrids are having a moment. Here's what you need to know if you're in the market.

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A woman shopping for a car at a dealership.
More car shoppers are heading to dealer lots in search of hybrids.

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The lack of EV charging infrastructure is so bad it's driving owners back to gas-powered cars

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An electric vehicle charges in California
A Volkswagen ID.4 electric vehicle (EV) charges via a CCS DC fast charger from Electrify America at a shopping mall parking lot in Torrance, California, on February 23, 2024.

PATRICK T. FALLON/AFP via Getty Images

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