Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.
Headlight News for the Week of 7-21-25 includes Ford setting a recall record, President Trump’s next move could cripple Tesla, plus Subaru makes moves in Uncharted territory. Plus we review the 2026 Genesis GV70 and we travel through this week in automotive history.
Sometimes, the only thing more complicated than the auto industry is the English language. So when Tesla CEO Elon Musk decided to map out the burgeoning growth area for robotaxi coverage in Austin, Texas, the punctuation played a critical role in defining whether it was a normal critique of Musk’s actions or surprise by readers. Find out more at Headlight.News.
Cadillac is ready to carry on without EVs without tax credits as it conquers new territory in the luxury segment with a rebuilt and re-tooled line-up. It’s expanding line-up of EVs is proving particularly appealing to younger buyers, says its brand boss. Headlight.News has more.
The battle between Elon Musk and Pres. Donald Trump has rapidly escalated as the Tesla CEO lays out plans to launch a new political party. But the Texas-based automaker is already suffering collateral damage. Days after Tesla announced another sharp decline in sales for the second quarter, the automaker’s stock price is taking a sharp hit as investors race for the exit. More from Headlight.News.
As electric vehicle sales continue to rise, albeit slowly, those increases apparently are coming at the expense of the segment leader: Tesla. The Texas-based EV maker reported its second quarter deliveries dropped 13.5% compared to the same time last year. Find out what’s crimping sales at Headlight.News.
“The party’s over,” said one key analyst. While domestic carmakers reported a modest upturn boost in sales for June, the U.S. auto market largely stalled out as buyers began pulling back due to price increases caused by the Trump tariffs on imported autos and auto parts. Headlight.News has more on the winners and losers.
After seemingly declaring a truce last month, Tesla CEO Elon Musk and Pres. Donald Trump went after each other again on Monday, the president threatening to trash federal subsidies for Tesla and SpaceX. It didn’t help the automaker’s stock as analysts warned of a sharp downturn in sales when Tesla reveals its second-quarter results on Wednesday. More from Headlight.News.
Chinese domestic automakers are becoming a major threat as they gain acceptance around the world with new, low-cost products, Ford CEO Jim Farley warns. But that’s not the only challenge facing Ford and other traditional manufacturers – particularly those in the U.S. There are Trump’s tariffs, for one thing, as well as a shortage of the skilled workers automakers depend on. More from Headlight.News.
Between heat waves and major storms, the number of blackouts and brownouts has increased sharply in recent years, but a start-up launched by a former Tesla exec plans to use as many as 100,000 old EV batteries in “second-like” backup energy storage systems to minimize the risk of grid outages. More from Headlight.News.
Yet again, Tesla sales stumbled by double-digits in May, marking the fifth monthly decline in a row. Meanwhile, the man appointed to run operations and sales in Europe and the U.S. has left the automaker, as has its head of human resources. Tesla has seen a flood of senior execs leave in recent months, including the head of its Optimus robot program. But it did manage to snag the former head of autonomy from GM’s now shuttered Cruise subsidiary.
Looking for the brands delivering the highest levels of initial quality? Lexus and Nissan rose to the top in this year’s J.D. Power Initial Quality Study, while General Motors had more top-ranked models than any other manufacturer. There were some surprises in this year’s IQS by Jaguar and Ram. But, yet again, motorists pointed to onboard technology as the biggest source of trouble. More from Headlight.News.