The updated list of EVs eligible for up to $7,500 in tax credits is out — here's which models qualify under the stricter rules

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Bolt; Model 3; Lyriq; Mach-E
Few all-electric car models qualify for the full $7,500 tax credit in the US.

Chevrolet; Tesla; Cadillac; Ford

Ford CEO: Elon Musk is taking a page from Henry Ford's playbook with his EV price war

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Elon Musk speaks at the opening of a new Tesla factory.
Ford CEO Jim Farley said Elon Musk is taking a page out of Henry Ford's playbook.

Christian Marquard/Getty Images

China doesn’t want US cars like Ford and General Motors. That’s a big problem for their futures.

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Good morning, readers. I'm Diamond Naga Siu, and I feel pretty behind compared to my peers.

China doesn't want American cars anymore — that's bad news for Ford and GM

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Photo collage of BYD Yuan and Buick Encore Avenir
There aren't currently any Chinese car brands for sale in the US, but there is concern they could eventually make a play to upend the US market.

Sjoerd van der Wal / Getty Images, Buick; Arif Qazi / Insider

Tesla saw a $56 billion stock rout in a single day, an amount that dwarfs Ford's market cap

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Tesla electric cars charge at a Supercharger.
Tesla electric cars charge at a Supercharger.

George Rose/Getty Images

Ford CEO Jim Farley says Tesla price cuts could start an EV price war

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Jim Farley and Elon Musk
Jim Farley and Elon Musk.

Associated Press

Ford CEO channels Elon Musk, saying the automaker's next electric truck will drive itself while you sleep

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Jim Farley and Elon Musk
Jim Farley is upping Ford's ante as it races to catch up with Elon Musk's Tesla.

Associated Press

Ford is already working on another electric pickup truck as it ratchets up the pressure on Tesla

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Ford CEO Jim Farley at the F-150 Lightning launch
Ford will build another electric pickup truck at a new factory in Tennessee.

Nora Naughton

Ford says it will burn $3 billion on EVs this year, in a bleak signal for the cars that underpin its future

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F-150 Lightning at Ford's Dearborn assembly factory
Ford said its Model e business expects to report a full-year loss of $3 billion in 2023.

Nora Naughton

Ford and GM follow Tesla's lead and wade into China price war by offering big discounts to boost sales, report says

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Ford Mustang Mach E Tesla Model Y mashup
Ford has cut the Mustang Mach-E by about $6,000.

Getty Images

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