Tesla is wrapping up 2023 with another record under its belt. But while sales hit an all-time high they still fell short of CEO Elon Musk’s ambitious forecast. And the Texas-based automaker has a growing list of problems on its plate, including mounting pressure for another recall following the one it announced two weeks ago.
At an average cost of $60,000, most of today’s battery-electric vehicles fall into the luxury category — and that’s one reason why the growth of the EV market has slowed down this year. But as we head into 2024, motorists who want to go electric could soon find more affordable options. Get details at Headlight.News.
It was supposed to provide a high-speed alternative to air travel, but Elon Musk is quietly shutting down his once-promising hyperloop company at the end of this year. Its assets are being sold off to a Dubai-based shipping company, though it’s far from clear that will ever bring the maglev system into real-world operation. Get details at Headlight.News.
Like the kid getting revenge on the bully who used to kick sand on his face at the beach, the Ford F-150 came to the rescue of a humbled Tesla Cybertruck in a video now gone viral. Get the details at Headlight.News.
Tesla will recall 2 million EVs sold in the U.S. to make significant updates to its Autopilot system. As Headlight.News reported Tuesday, the semi-autonomous technology has come under fire because, among other things, it can be used on roads for which it was not designed. That has been linked to numerous fatal crashes. But Tesla put a positive spin on the issue, CEO Elon Musk claiming the recall is part of a “moral obligation” to ensure the safety of its vehicles.
Tesla is coming under more intense fire as a result of a series of crashes involving its Autopilot system. The NTSB wants the automaker to block its use on roads where it’s not safe to operate. And California regulators say the name, Autopilot, is itself false and misleading and should be changed.
Ford Motor Co. will slash production of its F-150 Lightning early next year, the automaker confirmed, reflecting a drop in customer demand. Ford had only recently completed a major expansion at the Dearborn, Michigan plant building the all-electric pickup to respond to initial demand following Lightning’s launch in spring 2022.
During a live-streamed event marking the first deliveries of the Tesla Cybertruck on Nov. 30, CEO Elon Musk played off a video showing the electric truck crashing into a barrier at 35 mph. “If you’re ever in an argument with another car you will win,” Musk said, triggering cheers from the audience. But safety experts aren’t quite ready to celebrate. Despite — or perhaps because of — Cybertruck’s stiff stainless steel body panels, questions are being raised about what it could do to pedestrians, bicyclists and other vehicles — and whether it can actually protect its own passengers.
A Florida man was arrested after taunting authorities “to stop me” before making a threat to commit what is being described as a “mass casualty” event during the roll-out of the new Tesla Cybertruck last week. More from Headlight.News.
For the second time this year, EV start-up Fisker has scaled back production plans, and now expects to roll out half as many Ocean SUVs as it planned at the beginning of the year. But that was fine with Wall Street, its stock price rising nearly 9% as the week came to a close. Headlight.News looks at what’s behind the cutback, and why it pleases investors.
Almost precisely four years after unveiling its first electric pickup, and after a long series of delays, Tesla finally delivered the first Cybertruck to customers at its Texas assembly plant on Thursday afternoon. The question is whether the all-electric pickup will live up to the hype it has received –considering it falls well short of its original range target while prices are 50% higher than what was promised in 2019. Even the automaker’s CEO Elon Musk isn’t as confident as normal.
The Biden admin. may give a critical boost to the auto industry as sales of battery-electric vehicles slow, temporarily lifting rules sharply curtailing the number of EVs qualifying for federal tax credits. But the senator who introduced the restrictions says he’ll fight any rollback, reports Headlight.News.