JUSTTHENEWS (Kevin Killough) - Honda posts first losses in 70 years following its costly bet on electric vehicles
The automaker reported a net loss of $2.7 billion for the fiscal year ended March 31.
NPR (Camila Domonoske) - Tesla profits slumped 46% last year, as it lost its crown as the top EV seller
The company announced it was ending production of its higher-end Model S and Model Y, and turning that production space over to making humanoid robots.