Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.
Nissan plans to unveil a major management shake-up in March and CEO Makota Uchida – blamed for blowing a proposed merger with Honda – appears likely to be one of those executives set to be replaced. Headlight.News has more.
Kia continues to roll out new EV models that the Korean brand hopes will help it counter moves by market leaders Tesla, as well as fast-growing Chinese brands like BYD and Geely. But whether it can keep its strong momentum going in the U.S. as Pres. Donald Trump enacts new anti-EV policies remains to be seen.
Of all the Japanese brands now available in the U.S., Mitsubishi is the one most likely to run under the radar for most buyers. But for those looking for a three-row SUV, it’d be a mistake to ignore the Mitsubishi Outlander. Surprisingly well-equipped, it is also one of the most affordable models in its segment. If anything, it becomes an even bigger bargain for 2025 with a modest mid-cycle update, as Headlight.News discovered during a day’s drive in and around Los Angeles. Here’s our review.
Who says the EV market is on the wane? Not U.S. consumers who bought a record number of all-electric cars, trucks and crossovers last month, according to the latest data. In January, battery-electric models accounted for 9.1% of the market, up nearly nine-fold over the last half-decade, despite the anti-EV push by the new Trump administration. Headlight.News has more.
The 1500 REV, the all-electric version of the Ram half-ton pickup, is again on hold, the truck brand’s CEO now saying it won’t arrive until “late 2026” at the earliest due to slowing demand in the battery pickup segment. But production appears to be staying on track to bring the extended-range Ramcharger to market during the second half of this year. Headlight.News has more.
In this week’s episode of the podcast, Truck maker Nikola goes bankrupt while trouble finds its way to Ford, GM, and Tesla. We also go for a spin in the 2025 Hyundai Ioniq 5 before charging our batteries with This Week in Automotive History.
Since his inauguration five weeks ago, Donald Trump has taken numerous steps to cripple the emerging U.S. EV market. His latest move: shutting down about 8,000 charger ports currently operating at federal government buildings. He also has ordered the GSA to get rid of the EVs it recently acquired for its fleet. More from Headlight.News.
Tesla recalls 380,000 vehicles due to power steering issues that could cause a crash. It’s just the latest in a series of setbacks that sees the automaker ramp up incentives – including givebacks of up to $6,000 on Cybertruck – in a bid to reverse faltering momentum.
Volkswagen released a pair of sketches showing off a new concept dubbed the ID.EVERY.1. They reveal the direction the German automaker plans to take when it launches a new, entry-level battery-electric vehicle in 2027. But what else have we learned about the show car and ID.1 production model to follow? Headlight.News has more.
A Georgia jury awarded over $2.5 billion to the survivors of a couple who were killed in 2022 when their Ford Super Duty pickup rolled over. It’s a record award to come a Georgia court and one of the highest affecting an automaker in the U.S. Headlight.News has more....
Phoenix-based Nikola Motors has filed for Chapter 11, becoming the latest start-up to go bust while targeting the EV and hydrogen fuel-cell markets. Nikola officials said the company now plans to sell off its assets, though it isn’t clear a buyer has yet emerged.