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Automakers

Elon Musk Admits Cybertruck Is Too Expensive, Says it Needs to be More Affordable

Elon Musk Admits Cybertruck Is Too Expensive, Says it Needs to be More Affordable

Tesla’s Cybertruck is arguably one of the most polarizing models on the market today but while the truck has gathered plenty of publicity for the EV company, the truck has proven to be far from perfect with recalls and other issues giving Tesla and founder Elon Musk a growing headache. However, the CEO appears to have finally admitted that the truck is too expensive for its audience.

Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit

Rivian Beats Q2 Earnings Estimates, Predicts Q4 Profit

EV maker Rivian beat its second quarter earnings estimates, but more importantly predicted it would be in the black for the first time ever in the final quarter of 2024. A series of cost cutting measures and changes to the way the company sells vehicles combined to make the second quarter a good one. Find out more at Headlight.News.

Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan

Quid Pro Quo? Musk Money in Hand, Trump is Now an EV Fan

Donald Trump has pulled a U-turn and now says he is now “totally” in favor of EVs. The Republican nominee for president said he had “no choice” but to rethink his position after previously bashing battery-electric vehicles now that Tesla CEO Elon Musk has become one of Trump’s biggest financial backers in an increasingly tough campaign.

Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates

Lucid Secures More Funding, Beats Analysts Q2 Earnings Estimates

EV maker Lucid Motors offered up good news during its second quarter earnings call as it secured as much as $1.5 billion in new cash just in time to begin production of its second vehicle, the Gravity SUV. The company also managed to beat analysts’ estimates for the quarter. Find out more at Headlight.News.

First Drive: 2025 Ram ProMaster EV

First Drive: 2025 Ram ProMaster EV

Online retailing will generate over $1.2 billion in revenues this year. And whether you’re buying from Amazon, WalMart, Target or countless other Internet retailers your package is likely to will make it to your doorstep in a delivery van. Increasingly, those vans are going electric as fleet operators seek low-cost solutions. Now, Ram is getting into the game with the new ProMaster EV. Headlight.News had a chance to take the rig for a run – without having to make any delivery stops.