Its vast sovereign wealth fund owns nearly 36 million Tesla shares. Better get out while the getting is good.
automakers
Posted inEconomic Policy
Mad King Trump’s Tariff Disaster
The president’s trade war on Canada is heating up in the dumbest conceivable manner.
Posted inEconomic Policy
Canada Braces for Two-Step Trade War
Michigan and Ontario will be on the front lines of serious economic disruptions if and when the Trump tariffs finally materialize.
Posted inMoney, Politics, and Power
Ford and Musk. They Made Cars. They Backed Fascists.
Each age’s premier industrialist has had appalling politics.
Posted inTransportation
Tesla Is Cooked
Unless Donald Trump gives the company lots of government subsidies, that is.
Posted inEconomic Policy
Tesla’s Bid to Pull Up the EV Ladder
The rumored end to the $7,500 federal rebate for electric vehicles sounds like it would hurt the nation’s biggest EV maker. Quite the opposite, actually.
Posted inTAP
The Message of Mercedes
Today on TAP: The UAW’s defeat in Alabama highlights the challenges that unions still face until our labor laws again give workers their rights.
Posted inEconomic Policy
Tariffs Give U.S. Automakers a Fleeting Chance
The Biden administration is protecting its investment in a domestic auto industry. Domestic auto producers have to rise to the moment.
Posted inTAP
A Fix for Tesla’s Troubles? Paying Elon a Cool $56 Billion, Of Course.
Today on TAP: You were thinking they’d invest in better, more affordable cars?
Posted inWorking in America
The UAW’s Chattanooga Victory: Score One for the North in Our Endless Civil War
We still have two labor systems, and need mass unionization to end our immense inequality, which has its roots in the South.