Ford offered up good news with its first quarter earnings report, beating analysts’ estimates, although falling short of last year’s net income and margin numbers for the same period. Find out more about the company’s results at Headlight.News.
EVs and batteries
Mini Draws The Ace of Spades With 2025 Aceman, Styling and EV Hardware Produce Winning Hand
MINI’s 2025 Aceman brings newfound levels of design and MINI heritage to the EV segment. Newest Mini offering will compete with electrified rivals like the Volvo EX30 in the small EV utility segment.
First Drive: 2024 Toyota Tacoma Hybrid Is More Then Just a Mileage Play
This is a big year for Toyota, and in a variety of ways. The automaker is rolling out an array of new and heavily updated products, including models such as the Crown Signia crossover, Camry sedan and 4Runner SUV. There’s also the fourth-generation Toyota Tacoma pickup which, among other things, becomes the Japanese automaker’s latest model to offer a hybrid powertrain option. Here’s what we discovered during our first drive.
Tesla Falls Short in First Quarter, Sees Profit Drop 55%
For the first quarter of this year, Tesla delivered fewer vehicles and made less money than it did at this time last year. The company’s net income fell 55% and revenue slid 9% despite EV sales being up for other automakers during the period. Get details at Headlight.News.
Land Rover Teases 2025 Range Rover EV, Will Share Design With ICE Model
Land Rover’s first ever EV model will use familiar design DNA to try and win over customers in the growing electric SUV segment.
Tesla Shares Slide After Most Recent Price Cuts
EV leader Tesla saw its share price fall more than 3% Monday after it cut prices on many of its vehicles by as much as $2,000 over the weekend. It’s the second time the company’s slashed prices in the past two weeks, highlighting the company’s efforts to revive sales and improve profits. Find out more at Headlight.News.
Tesla’s Musk Wants His $56B Back, GM Relocating HQ and More in This Week’s Headlight News Podcast
Headlight News for the Week of 4-22-24 – Musk Wants His $56 Billion Back – Big Recalls – Cheaper Cars – GM Moves – A Review of the Maverick Tremor – The Week Ahead – And This Week in Automotive History
Tesla Recalling Virtually All Cybertrucks Because Sticky Pedals Could Cause Runaway Acceleration
Tesla on Friday ordered the recall of nearly all of its Cybertrucks because their throttle pedals could stick when fully depressed, leading to potential runaway acceleration. The recall comes about three weeks after the automaker first received notice of the defect which, so far, has not been blamed for any crashes.
2024 Lucid Air Grand Touring Gets Improved Battery Tech, Retains 516 Mile Driving Range
The 2024 Lucid Air Grand Touring remains one of the highest performance benchmarks in the EV segment. The company is aiming to keep it that way with a suite of updates that not only improve efficiency but other key aspects of the car as well.
Musk Wants Shareholders to Vote – Again – on His $56 Billion Pay Plan
Elon Musk took a big hit to the wallet in January when a Delaware judge rejected the $56 billion payout he was awarded by Tesla. The decision, along with Tesla’s weakened stock price, briefly knocked Musk off his perch as the world’s richest man. Now, Tesla is asking its shareholders to vote again on the pay plan while proposing other changes that would make it less likely future proposals could run into legal trouble.
GMC Confirms CrabWalk Is Coming To 2024 Sierra EV, Truck Gets Higher Capabilities Than Advertised
The GMC Sierra EV is promising to be a potent sequel to the brand’s Hummer lineup and new information released by GMC not only confirms that the model will get features from its Hummer siblings but also higher capabilities than initially advertised.
First Drive: Hyundai Ioniq 5 N Sets the Benchmark for EV Performance
Hyundai may be a brand for the masses, but ignore any model wearing the “N” badge at your own peril. And now, the performance sub-brand is working its magic on the Korean carmaker’s first dedicated EV, the Ioniq 5. But does it live up to expectations? To find out, Headlight.News headed out to California’s scenic Monterey Peninsula to push the new Hyundai Ioniq 5 N to its limits, on track and off.