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Tesla May Reveal “Affordable” Version of Model Y Today

Tesla May Reveal “Affordable” Version of Model Y Today

Tesla CEO Elon Musk earlier this year promised to bring to market a more affordable EV and, with federal tax credits having ended last week this may be the perfect time to roll it out. The automaker’s account on X teased what could be a new, lower-cost version of the Model Y expected to debut on Tuesday. Headlight.News has more.

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian Chief RJ Scaringe Upbeat Despite Loss of Fed Tax Credits, Threat of Chinese Competition

Rivian CEO RJ Scaringe says he has “never been more confident than I am today” about the future of the struggling EV manufacturer. That’s despite a series of challenges facing the battery-electric vehicle sector in general – including the loss of federal EV tax credits and the rise of the low-cost Chinese competitors who are threatening to enter the U.S. market. A critical test will come early next year with the launch of Rivian’s more affordable R2 model line. But it’s also counting on joint ventures and alliances like those with Volkswagen and Amazon, reports Headlight.News.

Polestar 5 Performance GT Debuting at Munich Auto Show

Polestar 5 Performance GT Debuting at Munich Auto Show

Polestar’s next model is set to make its debut at IAA Mobility 2025 in Munich this week and it could position the Swedish automaker as a serious contender to performance products like the Tesla Model S, the Lucid Air and Porsche Taycan, with a top-end model set to deliver nearly 900 horsepower and gobs of tire-spinning torque. Here’s more from Headlight.New.

Tesla Board Wants to Give CEO Elon Musk a $1 Trillion Pay Package

Tesla Board Wants to Give CEO Elon Musk a $1 Trillion Pay Package

He’s already the richest man in the world but the Tesla board of directors has proposed a new $1 trillion pay package that would put CEO Elon Musk’s wealth nearly on a par with the market capitalization of some of the world’s most exclusive companies. Headlight.News has more.

These Are the Auto Brands With the Highest Loyalty Rates – And the Sharpest Decline in Loyalty

These Are the Auto Brands With the Highest Loyalty Rates – And the Sharpest Decline in Loyalty

With so many different brands – and products — to choose from it’s likely no surprise that consumer loyalty has been on a long decline. But some manufacturers still stand out, and Ford Motor Co. comes out on top according to the latest study by S&P Global Mobility. Headlight.News looks at the other winners – and why Tesla was an “unprecedented” loser.

Lucid Rolls Out “Trail-Ready” Gravity Concept – As it Struggles with Slow Sales of its First SUV

Lucid Rolls Out “Trail-Ready” Gravity Concept – As it Struggles with Slow Sales of its First SUV

Lucid Motors rolls into this coming weekend’s Pebble Beach Concours d’Elegance with it calls a “Trail-Ready” take on its first SUV. The EV start-up is hoping that the Gravity X Concept will fire up interest in the big SUV which has struggled to gain any traction with buyers since going into production earlier this year. More from Headlight.News.

EV Buyers Find More Public Chargers, Fewer Charging Failures

EV Buyers Find More Public Chargers, Fewer Charging Failures

The lack of a robust public charging network is often cited as a key reason why EV sales have slowed down. But despite a cut in federal funding, the rollout of chargers has continued accelerating. Better yet, a new study finds that the number of times EV owners plug in, only to find the charger doesn’t work, has fallen substantially. More from Headlight.News.

Ford’s “Universal EV” Could Change Everything About Automaking – And Deliver a $30,000 EV Pickup

Ford’s “Universal EV” Could Change Everything About Automaking – And Deliver a $30,000 EV Pickup

Ford will invest $5 billion to set up its “Universal EV” program – and, it claims, completely transform the way vehicles are designed, engineered and manufactured. The test will come with the 2027 launch of a new, all-electric midsize pickup, said CEO Jim Farley, with a “targeted price of $30,000.” But there could be a cost in terms of long-term automotive employment, reports Headlight.News.