NHTSA Investigates Tesla Model X Seat Belt Failures

Tesla is under investigation by the National Highway Traffic Safety Administration (NHTSA) due to two customer complaints about improperly fastened seatbelts on 2022 and 2023 Model Xs; Ferrari is pleased with the European Commission's decision to approve a regulatory carve-out for synthetic fuel, allowing internal-combustion engines to go beyond 2036; Polestar plans to launch a $20 million marketing campaign in the second quarter as the Swedish EV maker primes the pump for its first crossover in the truck-dominated U.S.; Magna is shopping around for a North American plant for EV manufacturing, to get in on the subsidies available; and 13 years ago, China's Geely purchased Volvo from Ford for $1.8 billion.