The Luxury Electric Vehicle Is in Trouble

Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.

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At COP30 in Belém, Brazil, Chinese Technology Is Shifting Climate Politics

At this year’s climate summit, the United States is out and Europe is struggling. But emerging countries are embracing renewable energy thanks to a glut of cheap equipment.

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Elon Musk Wins $1 Trillion Tesla Pay Package

Shareholders approved a plan to grant Mr. Musk shares worth nearly $1 trillion if he meets ambitious goals, including vastly expanding the company’s stock market valuation.

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Lula Hitches a Ride to the COP30 Climate Talks in a Chinese E.V.

The climate-friendly ride, part of a fleet assembled to shuttle delegations to the gathering in Brazil, sent a clear signal: China is making inroads in Latin America.

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Would Elon Musk Work Harder for $1 Trillion Than $1 Billion?

Economists and psychologists say that compensation may not provide as powerful an incentive as is often assumed.

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Control of Tesla Is at Stake in Vote on Elon Musk’s Pay Plan

Mr. Musk’s supporters say he may quit if shareholders don’t approve a trillion-dollar package. Some investors say it’s excessive and would give him too much sway.

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Carney Plans to Meet With Xi to Try and Reset Relations

The leaders of Canada and China will meet for the first time in eight years to try to reset relations after years of acrimony.

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G.M. Will Cut 1,750 Jobs in Electric Vehicle Business

The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars.

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Ford’s Profit Jumps on Strong Sales but Company Lowers its Outlook

Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.

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Musk’s Trillion-Dollar Pitch

Despite a drop in Tesla profit, the billionaire exhorted investors to back his proposed compensation package, or face consequences.

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