For the better part of a year, Tesla has been promising “more affordable models” to replace the cancelled “Model 2.” The new models were supposed to go into production in the next 2 days, but it sure ...

Mary Cunningham is a reporter for CBS MoneyWatch. Before joining the business and finance vertical, she worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.

Ford (F), which achieved scale with its Model T in the early days of the automotive industry, now sees a “Model T” moment in its electric vehicle (EV) business, as it announced a new platform which ...