Tesla Out, Ford In: City Of Baltimore Goes 'In A Different Direction' Reversing EV Deal From 2024
1. Tesla's $5M Baltimore contract paused, shifting to Ford and GM. 2. City emphasizes no obligation to Tesla; contract ceiling, not minimum. 3. Political dynamics may influence Baltimore’s switch to Ford over Tesla. 4. Baltimore targets carbon neutrality by 2045, aiming for an electric fleet. 5. Tesla stock dropped 15.43%, reflecting market concerns and broader trends.