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Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package

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.

GM Bringing Plug-In Hybrids to North American Market

GM Bringing Plug-In Hybrids to North American Market

After reporting a profitable 2023 that exceeded their own expectations, GM officials revealed they’re deploying plug-in hybrid vehicles — for certain models — to the North American market. It was a decision made after reviewing and tweaking its EV production plans and feedback from dealers. Find out more from Headlight.News.

Rivian Poaches Top Apple Exec, Other Talent, Despite Ongoing Problems

Rivian Poaches Top Apple Exec, Other Talent, Despite Ongoing Problems

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.

Soaring Fuel Prices Threaten Market for Hydrogen Vehicles

Soaring Fuel Prices Threaten Market for Hydrogen Vehicles

When Toyota introduced the Mirai fuel-cell vehicle three years ago the automaker tossed in an appealing incentive, $15,000 worth of the hydrogen needed to power it up. At the time, it cost just over $70 to fill Mira’s 5.6-kilogram tank. Today, you’ll pay over $200 – if you can find the lightweight gas, as many of the stations providing it have run dry. And that’s threatening to short-circuit the “hydrogen economy” that fuel-cell proponents have predicted is just around the corner.

Apple Delaying EV Launch Four Years, Downgrades Planned Self-Driving Capabilities

Apple Delaying EV Launch Four Years, Downgrades Planned Self-Driving Capabilities

It’s been a decade since Apple began work on what was to be a self-driving, all-electric vehicle. But, after years of turmoil, Project Titan appears to be delayed again, by at least four years. And it will have far less autonomous driving capabilities than originally planned, according to a new report. More from Headlight.News.

Latest Recall Adds to Tesla’s Very, Very, Very Bad Week

Latest Recall Adds to Tesla’s Very, Very, Very Bad Week

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.

GM, Honda Begin Joint Production of Hydrogen Fuel Cells

GM, Honda Begin Joint Production of Hydrogen Fuel Cells

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.