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Tesla Warns It Faces Retaliation, Costs From Trump Trade War

Tesla is signaling concern over potential retaliatory moves by other countries as a trade war escalates in the wake of President Donald Trump’s moves to impose tariffs on a range of imports.

March 13, 2025

Battery Maker Northvolt Hits End of Line

Northvolt AB filed for bankruptcy in Sweden, bringing to an end a company that was once seen as the future of Europe’s battery production.

March 12, 2025

Trump Says He’s Going to Buy a Tesla

After one of the worst single day sell-offs in Tesla’s history, President Donald Trump threw his support behind his adviser, billionaire Elon Musk, vowing to buy one of his cars.

March 11, 2025

Nikola Wins Permission to Auction Manufacturing Facility

Nikola won court permission to auction its Arizona plant, an asset creditors said may prove valuable to automakers as the Trump administration continues to go back and forth on tariffs.

March 8, 2025

Colleges, OEMs Team Up for Hydrogen ICE Push

Two U.S. universities have teamed up with auto industry heavyweights including Daimler Truck North America to form the Hydrogen Engine Alliance of North America.

March 7, 2025

Tesla Erases $700 Billion ‘Trump Bump’

Tesla's shares are on track to erase the $700 billion post-election bump that stemmed from expectations that CEO Elon Musk's relationship with the president would benefit the company.

March 7, 2025

CMA CGM Pledges $20 Billion for US Shipping Expansion

An estimated 10,000 new jobs would be created by the effort, President Donald Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé.

March 6, 2025

Congressional Democrats Question Actions of Musk-Led DOGE

Congressional Democrats are pushing back on White House and Elon Musk efforts to halt transportation initiatives launched during the Biden administration.

March 6, 2025

Congressional GOP Rallies Behind Trump’s Economic Vision

Transportation leaders are lining up behind President Donald Trump’s call to action to streamline infrastructure construction regulations and jump-start domestic energy initiatives.

March 6, 2025

Trump Grants One-Month Tariff Exemption for US Automakers

President Donald Trump is granting a one-month exemption on his new tariffs on imports from Mexico and Canada for U.S. automakers, amid fears that the trade war could harm U.S. manufacturers.

March 5, 2025