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Waymo Launches Next Big Step for Robotaxis with First Intercity Service; Tesla Falls Further Behind

Waymo Launches Next Big Step for Robotaxis with First Intercity Service; Tesla Falls Further Behind

Waymo says it knows the way to San Jose as it puts driverless taxis on the freeway in Silicon Valley. The initiative beat out arch-rival Tesla, which just promised to pay Elon Musk billions to expand its robotaxi business. Headlight.News has more.

Shareholders Approve Musk’s Trillion-Dollar Payday

Shareholders Approve Musk’s Trillion-Dollar Payday

Bedazzled shareholders approved Tesla CEO Elon Musk’s proposed $1 trillion pay package. But to collect he faces major challenges. Musk has to turn around Tesla’s faltering automotive business at a time when EV sales are sagging, while also proving his vision of robotaxis, robots and AI can add new sources of revenue for the Texas-based company. More from Headlight.News.

Already on Hold, Ford May Scrap F-150 Lightning Production Entirely

Already on Hold, Ford May Scrap F-150 Lightning Production Entirely

Sales have never lived up to expectation for the Ford F-150 Lightning, one of the market’s first all-electric pickups. The automaker idled production last month due to a shortage of aluminum and officials there reportedly are considering whether to scrap the nameplate entirely. Headlight.News has more.

Tesla Q3 Profits Take a 40% Hit Despite Revenue, Global Delivery Records

Tesla Q3 Profits Take a 40% Hit Despite Revenue, Global Delivery Records

Tesla revealed its third-quarter operating income dropped 40% compared to the year-ago period despite setting a new record for deliveries and revenue during the period. Officials cited a litany of reasons, but the biggest drivers appear to be tied to tariffs and sales mix. Check out the story at Headlight.News.

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.