Homedonald trump

donald trump

Trump Supports Electric Vehicles Despite Contradictory Campaign Promises | Giga Gears

Good morning! It’s Tuesday, July 30, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know.

Read more...

“Tesla’s Q2 Profit Boosted by Taxpayer Contributions | Giga Gears”

Tesla did not have a good second quarter for 2024, and it could have been a whole lot worse had it not been for the U.S. government. Sure, profits fell 45 percent during the time period, but Tesla benefitted from one very important weapon for improving an income statement: regulatory credits.

Read more...

Tesla’s Mexico Factory Delayed Due to Trump Tariff Concerns

Tesla announced it would be building a new factory in the Mexican state of Nuevo León, just across the U.S. border last year. Now, however, those plans seem to have stalled out, all thanks to the potential of a Trump presidency.

Read more...

Hyundai Group’s U.S. Strategy Shifts Towards Hybrids with Potential Trump Win and IRA Changes

The Korean manufacturer is moving to offer hybrid powertrains on all of its models