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Earnings and Financials

Tesla Earnings Plunge while Musk Warns of “a Few Rough Quarters”

Tesla Earnings Plunge while Musk Warns of “a Few Rough Quarters”

Tesla reported a 16% plunge in second-quarter net income as its worldwide sales continue to decline. CEO Elon Musk warned that there could yet be “a few rough quarters” ahead before the automaker gets its long-promised “affordable” EV into production. More from Headlight.News.

Plunging $2.7 Billion into the Red, Stellantis Expects Even Bigger Hit from Trump Tariffs Later This Year

Plunging $2.7 Billion into the Red, Stellantis Expects Even Bigger Hit from Trump Tariffs Later This Year

Stellantis reported a preliminary loss of $2.7 billion for the first half of 2025 – and the second half is looking to be even worse, the automaker warned Monday, putting much of the blame on Pres. Donald Trump’s automotive tariffs. Add program cuts and other issues and it creates some big challenges for new CEO Antonio Filosa. More from Headlight.News.

The New Subaru Uncharted Really is Entering Uncharted Territory

The New Subaru Uncharted Really is Entering Uncharted Territory

Facing an assortment of new tariffs and an assortment of anti-EV policies, the new Subaru Uncharted faces serious challenges the automaker couldn’t have imagined when the project was first launched. But Subaru does have some advantages: buyers more open to EVs than at many other brands. More from Headlight.News.

Faraday Has a Future? Troubled Start-Up Reveals “Affordable” EV, Sets Production Date

Faraday Has a Future? Troubled Start-Up Reveals “Affordable” EV, Sets Production Date

Faraday Future is the automotive equivalent of a death-defying cat. It apparently has at least one life left, announcing plans for yet another new project set to go on sale next year. This time it says it’s rolling out an all-electric “affordable mass market MPV.” And it has a talking grille. More on that from Headlight.News.

Automakers Will Face No Fines for Missing Mileage Targets – and it Wil Cost Tesla Billions

Automakers Will Face No Fines for Missing Mileage Targets – and it Wil Cost Tesla Billions

Detroit’s Big Three automakers are among those cheering the Trump administrations decision to end penalties for missing federal fuel economy mandates. Not so Tesla, however. The automaker stands to lose billions of dollars in revenues earned selling mileage credits. Headlight.News explains.

Yet Another Major Ford Recall, This Time for Risk of Fire Involving 700,000 SUVs

Yet Another Major Ford Recall, This Time for Risk of Fire Involving 700,000 SUVs

It’s been a bad year for Ford Motor Co. – and, in this case, that’s bad for customers who have had to cope with a record flood of recalls. Add to the list another one announced Tuesday covering nearly 700,000 recent SUVs at risk of catching fire. For Ford, the service action will result in a $570 million charge to earnings. More from Headlight.News.

Plugged In: EVs Help Cadillac Deliver Best Sales in Years

Plugged In: EVs Help Cadillac Deliver Best Sales in Years

Cadillac is ready to carry on without EVs without tax credits as it conquers new territory in the luxury segment with a rebuilt and re-tooled line-up. It’s expanding line-up of EVs is proving particularly appealing to younger buyers, says its brand boss. Headlight.News has more.

Tesla Sales, Stock Face New Backlash as CEO Musk Launches New Political Party

Tesla Sales, Stock Face New Backlash as CEO Musk Launches New Political Party

The battle between Elon Musk and Pres. Donald Trump has rapidly escalated as the Tesla CEO lays out plans to launch a new political party. But the Texas-based automaker is already suffering collateral damage. Days after Tesla announced another sharp decline in sales for the second quarter, the automaker’s stock price is taking a sharp hit as investors race for the exit. More from Headlight.News.