Electric Cars for Everyone? Not Unless They Get Cheaper.
The New York Times
President Biden has made conversion to E.V.s a pillar of climate policy. But government incentives mostly help affluent buyers, not average families.
SAN DIEGO — Robert Teglia bought a Tesla Model 3 sedan even though he knew it cost more than many luxury cars. He didn’t particularly care that it might be better than the others for the environment. Mr. Teglia, a commercial real estate appraiser in San Diego, tallied the costs of a gasoline vehicle and a Tesla, and he realized that even after paying more to buy a battery-powered car, he would end up saving money on gas and maintenance. “I’m a Tesla buyer who didn’t buy it for altruistic reasons,” Mr. Teglia said. “I bought it just because I think it’s awesome.” His wife, Dianne, bought one, too.
Goldman Sachs will drop a demand that corporate boards of directors include women and members of minority groups as financial firms backpedal from D.E.I. promises.
When tech luminaries talk about their Christian faith, people listen.
Companies navigate a legal minefield as President Trump wages war on diversity programs, but they still have to guard against complaints of bias.
Existing American tariffs already restrict steel and aluminum shipments from China, which is now flooding other markets with its exports instead.
The president’s heavy-handed approach to traditional journalists has the hallmarks of an attempted crackdown 50 years ago.
Other big technology companies have been boisterous in their courtship of the new administration. But Nvidia and Microsoft have avoided the Washington spotlight.
After the arrival of a less costly A.I. model from China, U.S. markets and academics are wrestling with the ultimate economic value of the technology.
Dallas built its team’s identity around Luka Doncic, on the court and off. Now that he’s gone, some supporters no longer feel a connection to the franchise.
The employment data is forecast to show a strong labor market on the eve of the transition to the administration of President Trump.
The canal’s two biggest ports are operated by a Hong Kong company with global reach. The Trump administration sees a Chinese threat to U.S. security.
The distinctive domed building, turning 50 this year, is known for hosting the Super Bowl, but to locals, it’s also “the city’s living room.”
Black-owned brands got a foot in the door through accelerator programs at big retailers like Target and Amazon. Now they worry the door might be closing.
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.