A growing number of investors have announced they will vote against the $56 billion pay package Tesla’s board of directors wants to give CEO Elon Musk – though the South African-born executive insists he has lined up enough support for the proposals approval during a shareholder’s meeting this week. What happens if the plan is rejected? Musk already has fired a warning shot.
EV maker Tesla announced plans to recall more than 125,000 vehicles due to a problem with the seat belt warning system. The malfunction can cause the system to fail, increasing the risk of injury in a crash. Get details at Headlight.News.
Jeep official unveiled its first all-electric model during a media event in New York City on Thursday – but officials made it clear the 2024 Jeep Wagoneer S won’t be the brand’s only battery-electric vehicle for long, with the Wrangler Recon quickly set to follow. Headlight.News was on hand for the new EVs debut.
Chevrolet’s line-up of battery-electric vehicles is about to get larger with the launch of the new 2024 Equinox EV. The compact crossover has plenty of features that could win over EV skeptics, including a price coming in at under $30,000, reasonable good performance and range of up to 319 miles. Here’s our review.
With its all-electric SUV winning harsh criticism and low demand, Vietnamese automaker VinFast appears to be rethinking its commitment to set up a $4 billion U.S. assembly complex. There’s growing concern the North Carolina facility will be delayed, even cancelled.
Long the benchmark among compact luxury sport sedans, the BMW 3-Series faces a growing list of serious competitors. That means the Bavarian automaker has a lot riding on the upcoming mid-cycle update. Headlight.News takes a first in-depth look at the 2025 BMW 3-Series.
Struggling battery-electric start-up Lucid Group will cut 400 jobs as it tries to slash mounting financial woes. It’s far from the only EV manufacturer responding to slowing sales growth by trimming its workforce, however. And still more cuts are expected to follow in the months ahead.
After an unexpectedly long wait, Chevrolet finally brings the retail version of its new, all-electric pickup to market with the arrival of the 2024 Silverado EV RST. The initial First Edition package is loaded with an array of features that should grab potential buyers’ attention. It’s now the longest-range EV pickup on the market at up to 440 miles per charge, and delivers up to 750 hp in WOW mode. It’s also targeted at those with deep pockets – until later, more affordable trims arrive. Here’s our review of the 2024 Chevrolet Silverado EV RST First Edition.
Elon Musk’s increasingly mercurial behavior is having a substantial impact on the Texas-based EV maker. But it may also have a serious impact on the Tesla CEO himself as shareholder resistance grows to the $50 billion pay package the automaker wants to give Musk. A key investor, and former Musk “fanboy,” voting no.
President Joe Biden raised tariffs on an assortment of Chinese-made goods, including the battery-electric vehicles manufacturers like BYD, Geely and Great Wall have been hoping to start selling in the U.S. The threat of these inexpensive EVs – some starting at barely $10,000 – has sent shivers through the American auto industry, one trade group warning their arrival poses an “extinction-level event.” Headlight.News explains why.
Just days after firing the head of Tesla’s Supercharger operations – and dismissing her entire 500-person staff – CEO Elon Musk appeared to reverse course, announcing on his social media site X that the automaker still will invest “well over” $500 million on “new sites and expansions” of the public charging system. The apparent turnaround comes as Tesla comes under increasing pressure from Tesla investors, analysts, owners and other automakers who have done deals to gain access to the Supercharger network for their own EV customers.
Tesla embarks on company wide hiring freeze as the EV maker struggles with mounting investigations, slumping demand, and a decrease in profits.