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Electric car leader Tesla left out of White House event
by AFP Staff Writers
Washington (AFP) Aug 5, 2021

Tesla, the global leader in electric cars, was excluded from the White House event Thursday where US President Joe Biden unveiled a big push for zero-emissions vehicles.

"Yeah, seems odd that Tesla wasn't invited," Elon Musk tweeted about the event that featured legacy American carmakers General Motors, Ford and Chrysler's parent company Stellantis.

The irascible entrepreneur has been a pacesetter in the industry, and Tesla last month reported its first-ever quarterly profit above $1 billion on record deliveries.

But he also has a rocky record in relations with workers at his factories, including firing a union organizer and tweeting anti-union comments, which lead to a lawsuit by the United Auto Workers labor group.

Asked whether the snub was related to Tesla's non-union status, White House spokeswoman Jen Psaki told reporters the invited companies "are the three largest key players of the United Auto Workers. So I'll let you draw your own conclusion."

But she said the Biden administration welcomes the efforts of all manufacturers working on electric vehicles, including Tesla.

"I would not expect this is the last time we talked about clean cars, the move for electric vehicles, and we look forward to having a range of partners in that effort," Psaki said.

Interviewed on CNBC, Transportation Secretary Pete Buttigieg said he did not know why Tesla was excluded.

Musk responded by sharing a meme that read: "I'm not saying it's sabotage. But it's sabotage."

hs/to

TESLA MOTORS

GENERAL MOTORS

FORD MOTOR

Stellantis


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Uber posts profit on one-time gains
San Francisco (AFP) Aug 4, 2021
Uber on Wednesday reported a profit in second quarter on one-time gains and said its pandemic-stalled ride-hailing business was showing signs of recovering. The San Francisco-based company reported a profit of $1.1 billion. Revenue rose to $3.9 billion in the recently ended quarter, more than double what it took in during the same period last year. The net income for the quarter included gains of $1.4 billion from the revaluation of its investment in Chinese ride-share firm Didi and another $272 ... read more

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