Trump, Ford and Detroit
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Elon Musk’s absence forces delay of Senate hearing on car prices
Senators hoping to grill auto executives about soaring car prices have been forced to wait after a high profile hearing was abruptly postponed. The delay followed a standoff with Ford CEO Jim Farley and his Detroit rivals over who would appear,
The letter sent to Cruz in December states that Ford's issue with sending Farley stems from Cruz — the Republican Texas senator who ran for president unsuccessfully in 2016 — inviting the CEOs of the Detroit Three, but when it came to Tesla, the invitation went to the company’s vice president of vehicle engineering rather than to CEO Elon Musk.
After Ford CEO Jim Farley declined to appear on the original date, Ted Cruz went on a verbal joyride. He told Politico that Farley was too scared to testify and suggested the Ford boss might be embarrassed by losses tied to EV investments. Political Theater Takes The Wheel
We're looking at the upcoming Senate hearing on affordability, and automakers' grim outlooks for U.S. sales in 2026.
The hearing has been in the news recently after Ford Motor CEO Jim Farley, through Ford's lawyer, pushed back against testifying, bringing into question if the General Motors and Stellantis CEOs would attend or not.
President Donald Trump embraced Musk with both arms after Musk reportedly spent over a quarter of a billion dollars to help him get elected. Musk went from White House outsider to unofficial cabinet member with an office in the West Wing for 130 days, as Politico reported.
Tesla's 10-billion-mile autonomy requirement builds an uncrossable data moat—use weakness below $400 to accumulate.
Elon Musk took to X to praise the Tesla Cybertruck, calling it Tesla's "best ever." Here's why it might actually be Tesla's greatest disappointment.
Senator Ted Cruz (R-Texas) is turning up the heat on Ford as he looks to pressure the heads of Ford, General Motors, and Stellantis to attend his Senate committee hearing on vehicle affordability. While the meeting is officially about affordability,
Despite being a best-seller, Ford Motor Co. is reportedly considering ending the production of the F-150 Lightning EV Pickup truck due to low demand. The Wall Street Journal reported that no final decision has been reached by the company. Toyota Motor Corp ...
Tesla Inc. ended last year on a roll, with investors increasingly buying into Elon Musk’s ebullience about autonomous vehicles. Winning over actual car buyers was another story.