Tesla’s Secret Source of Cash Has Finally Been Revealed

For years, Tesla Inc. has hauled in revenue by selling credits to other carmakers that needed to offset sales of polluting vehicles to U.S. consumers. These sorts of transactions have largely been shrouded in secrecy–until now. General Motors Co. and Fiat Chrysler Automobiles NV disclosed to the state of Delaware earlier this year that they […]

UAW Prepares for Strike if GM Shutters More Factories

Gary Jones, the president of the United Auto Workers (UAW), signaled the powerful labor union’s willingness to strike if necessary, announcing on Monday that union leadership will raise weekly strike pay from $200 to $250 a week effective from March 2019. And beginning in January 2020, weekly strike pay will go up again, to $275. […]