Electric

Tesla deliveries may disappoint...again

Elon Musk-led automaker Tesla is expected to announce that deliveries declined for the second consecutive quarter amid tough competition in China and U.S. consumers turning to hybrids.

Ferrari's first EV to cost over $500K: report

Italian luxury automaker Ferrari is planning to make its first electric vehicle, which will come with a price tag that's more than $500,000, according to a report by Reuters.