Tesla just got snubbed by Biden's electric vehicle summit
CNN
President Joe Biden will be celebrating ambitious electric vehicles goals by automakers at the White House on Thursday. But he'll be doing so without the world's largest maker of EVs: Tesla.
Joining Biden will be executives from General Motors (GM), Ford (F) and Stellantis, the company formed by the merger earlier this year of Fiat Chrysler and France's PSA. But electric vehicles are only a sliver of these companies' US sales — 1.5% for GM and 1.3% for Ford so far this year, while Stellantis doesn't sell any pure EVs for sale on US soil yet. Meanwhile, Tesla (TSLA) makes nothing but battery electric vehicles, and always has. And why wouldn't the world's biggest maker of EVs be invited to the table?
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