Tesla Hits the Brakes on EVs, but Not on AI

UAW union members have been striking over job security and pay as automakers push forward in developing EV’s, which require fewer workers and cost more in raw materials.

So what does that mean for the future of auto workers and the union? Illustration: George Downs/The Wall Street Journal

After years of growing at breakneck speed, Tesla seems to be slowing down. This is sensible, but investors haven’t bestowed acall late Wednesday. The world’s richest person warned that the company’s hotly anticipated new model, the Cybertruck, could take 18 months to turn a profit given the “immense work” required to reach volume production.

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