The accounting of Tesla’s capital spending and assets, particularly what appears to be a missing $1.4 billion, are prompting new questions about spending by the company and its uber-wealthy CEO Elon Musk.

The accounting of Tesla’s capital spending and assets, particularly what appears to be a missing $1.4 billion, are prompting new questions about spending by the company and its uber-wealthy CEO Elon Musk.
As protests at many Tesla showrooms become a daily occurrence and those who own the automaker’s products find themselves routinely given thumbs-down or an extended middle finger, more and more are trading in, according to new data. But they’re finding residual values for used Teslas have come crashing down. That’s something competitors such as Lucid and Polestar hope to take advantage of, as Headlight.News reports.
While most EV owners charge their vehicles at home overnight, plugging in can be a real hassle when you’re on the road. With many of today’s EVs it can take an hour to go from a 10 to 80% state-of-charge. But China’s BYD claims its new “super e-platform” can allow motorists get another 249 miles of range in as little as 5 minutes at public quick chargers, essentially matching the time it takes to fill up a gas tank. Headlight.News has more.
Two top Tesla investors are taking aim at CEO Elon Musk, one saying he must pull back from his work for the Trump administration, the other saying the damage is done and that it’s time for the automaker to find a new chief executive. Things grew worse for the...
After initially halting deliveries due to reports of exterior panels detaching while the vehicle is being driven, Tesla said Thursday it would recall all Cybertrucks it has produced from launch through late last month. It comes as the eighth safety recall of the electric pickup and another setback for a manufacturer that has seen its stock price plummet by nearly half its value since mid-December. It underscores the fact that Tesla has had major ongoing quality, durability and recall problems. Headlight.News has more.
Bad enough for Tesla that demand Cybertruck has fallen far short of its original expectations – with the electric pickup coming to symbolize growing opposition to the politics of the automaker’s CEO. Now comes word Tesla has had to halt Cybertruck deliveries as it struggles to find a way to prevent sheet metal and other body parts from flying off when the truck is driven at highway speeds.
It’s hard to find anything “analogous” in automotive history to the ongoing crisis at Tesla, JP Morgan warned, as the automaker’s global sales collapse, its stock price further tumbles and CEO Elon Musk’s once hero image goes up in flames. There are few signs Pres. Donald Trump’s enthusiastic endorsement of the brand last week will generate sales. If anything, Tesla itself now warns, the company could get caught up in Trump’s trade war.
The ongoing trade tensions between the U.S. and Canada got a little more … targeted Monday. The city of Toronto announced Tesla vehicles will no longer be eligible for the city’s EV incentives for taxis. Get details at Headlight.News.
The day after President Donald Trump and adviser/Tesla CEO Elon Musk showed off the president’s just-purchased Tesla Model S, the Trump administration took the next step in eliminating the Biden administration’s push to increase electric vehicle production. Find out more at Headlight.News.
Toyota may be one of the top-selling brands in the U.S. but its first serious foray into the battery-electric vehicle market hasn’t done much to charge up U.S. EV buyers. The automaker is hoping more of them will plug in with the launch of a mid-cycle update, the 2026 Toyota bZ4X getting a boost to both range and performance while cutting charging times. Here’s a first look.
“I bought this after Elon went crazy.” We’ve seen plenty of bumper stickers like that, lately, but this one was on the back of a Kia EV3, found in a snarky Instagram post by Kia’s Norwegian subsidiary. And, it seems, many Tesla buyers may be listening. A growing number of them are trading in as backlash grows against CEO Elon Musk’s turn to the political right. Protests are growing at Tesla dealerships around the world, one showroom in France firebombed. Here’s more.
The bulls are still, well, bullish, when it comes to Tesla stock, but the rest of Wall Street seems increasingly nervous and that’s cost the EV maker fully half of its market capitalization since reaching a mid-December, post-election high. And one man appears to catch most of the blame: CEO Elon Musk. More from Headlight.News.