Sales of expensive battery-powered cars like the Ford F-150 Lightning have stalled, forcing automakers to slow production and offer more affordable vehicles.
Ford Motor has stopped making its F-150 Lightning electric pickup truck, which starts at $55,000, and wonβt say when or whether production will restart.
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.
Tesla sales in the third quarter were helped by shoppers who took advantage of a federal tax credit on electric vehicles before it expired in September.
The automakerβs shares jumped as investors focused on an upgraded forecast for some financial measures, as well as a lower-than-expected bill for tariffs this year.
The Little Elk solar project in Elkton, Md., is among those owned by CleanCapital, a company that develops and operates solar and battery storage projects around the country.