Elon Musk created a fair share of controversy several years ago when he appeared to smoke a joint during an appearance with podcaster Joe Rogan. A new report is kicking up even more dust, the Wall Street Journal alleging money and drugs have improperly tied the Tesla CEO to the same board of directors that previously approved a $55 billion pay package for Musk.
The National Highway Traffic Safety Administration moved its probe into Tesla’s power steering loss from a probe to an engineering analysis as the company recalled 2.2 million vehicles due to a font size issue. Get details at Headline.News.
Calling the deal “unfathomable,” a Delaware court has blocked the $565 billion pay plan awarded Tesla CEO Elon Musk in 2018. The move could spell trouble for Musk’s current demand for 25% control of the EV maker while also raising concerns about his floundering social media site, X, which relied on loans backed by Tesla stock. More from Headlight.News.
The New Year got off to a rough start for Rivian, the start-up slammed by investors nervous about slowing growth in EV sales. But the market is taking notice of the news that Rivian has poached DJ Novotny, the vice president of hardware engineering away from Apple. The move comes as the tech giant reportedly again delayed – by as much as four years – its secretive Apple Car program. More from Headlight.News.
Tesla will recall 200,000 EVs to address a problem with their backup camera. The latest in a series of recalls comes as the automaker faces some serious challenges, including a slowdown in sales and earnings that led to a major sell-off of stock this week, wiping out $80 billion in shareholder value. Headlight.News has more.
Hoping to take advantage of what proponents call the fuel of the future, General Motors and Honda today launched joint production of hydrogen fuel cells at a factory in suburban Detroit. The zero-emission devices will be used to power everything from portable generators to Class 8 trucks. And, as Headlight.News reports, the two automakers aren’t the only ones who see great opportunities with hydrogen technology.
Rarely content to simply confirm something most already know, Tesla CEO Elon Musk said Wednesday evening the company’s next-gen platform was in development — and that it will change the way manufacturing EVs is done. Find out what he meant at Headlight.News.
EV maker Tesla fell short of is production targets in 2023, but it still made plenty of money. In fact, it made money in spite of repeated price cuts on its most popular vehicles, the Model 3 and Model Y, which was the bestselling vehicle in the world. Find out more at Headlight.News.
Tesla CEO Elon Musk has repeatedly promised to bring more affordable EVs to market but has so far failed to pull it off. Now, however, a report indicates the Texas-based automaker is getting ready to follow through with a compact crossover that could be available by mid-2025 at a starting price of $25,000. More from Headlight.News.
The Tesla Model Y is not only the bestselling EV in the U.S. market but, in Europe, it has become the bestselling vehicle overall. For 2023, it became the first EV ever to capture the Continental sales crown, reported Headlight.News.
Faster than a speeding bullet … (okay, faster than a Porsche 911) … able to stop speeding bullets and then tow trailers with minimal range loss. When Tesla CEO Elon Musk handed over the keys to the first production Cybertruck last November, he made lots of jaw-dropping claims about the safety, performance and range of the all-electric pickup. But can it live up to the hype? Maybe not, according to some recent reports. More from Headlight.News.
Tesla CEO Elon Musk is looking for a trade: power for influence. It’s an oversimplification, but he wants 25% of the company’s voting power in order to continue developing AI-based technologies. Get details at Headlight.News.