Production of the Tesla Cybertruck, as well as the newly updated Model Y, will be paused later this month. The temporary move comes at a time when both products are struggling due to slow demand. Separately, Tesla is facing pressure to delay the launch of the long-awaited Robotaxi tentatively scheduled to also roll out of its Austin, Texas plant this coming weekend. More from Headlight.News.
The first Tesla robotaxi is “tentatively” set to roll out on June 22, according to CEO Elon Musk, though that date could be pushed back, he indicated in a tweet because he is being “super paranoid about safety.” With Tesla’s EV sales sliding fast in many key markets, analysts and investors believe fully self-driving vehicles will be critical to the brand’s future. More from Headlight.News.
General Motors is plowing about $4 billion into plants in Michigan, Tennessee and Kansas during the next two years. The move will shift production of its highly profitable full-size pickups and SUVs from outside the U.S. to its massive plant in Orion, Michigan, north of Detroit. Find out more about the plans at Headlight.News.
Anthony Filosa, the new CEO of Stellantis, won’t officially begin his new role until the end of this month but, despite all the challenges he will face, he’s already got something to look forward to. The Italian-born executive will get a lucrative contract with an escalating pay scale that would allow him to take home as much as $23 million a year in pay and bonuses by 2028. That’s if he can deliver the much-needed turnaround for the struggling Euro-American automaker. Headlight.News has more.
Tesla CEO Elon Musk appeared to be waving a white flag early Wednesday morning, saying he “regret(s) some” of the criticism he aimed at Pres. Donald Trump last week. But it’s not clear whether that will be enough to deescalate the sudden feud between the two former allies. Trump and allies had warned Musk he could be putting billions of dollars in federal contract for his companies – including Tesla and SpaceX – at risk. Headlight.News has more.
Barely a week after they bid adieu during a collegial meeting in the Oval Office, Pres. Donald Trump and Tesla CEO Elon Musk have launched what has rapidly escalated into an all-out war of words, amplified by their individual social media outlets. The feud has already left Tesla lurching, nervous shareholders fueling the automaker’s biggest one-day loss ever. But Musk appears positioned to do some damage of his own.
New vehicle prices are near record levels, especially in the full-size truck market. But don’t expect Ram to bring back the cut-rate Classic version of the big 1500 model. “The $40,000 truck is dead,” said CEO Tim Kuniskis during a background briefing on Tuesday. Kuniskis recently returned to Ram after a brief “retirement,” and said the brand will make 25 product-related announcements in the coming months, and that’s likely to include more on a new midsize pickup, as well as details on the rollout of both the EV and range-extender versions of its full-size Ram 1500. More from Headlight.News.
On the Headlight News podcast this week, we talk about Stellantis finally getting a CEO, Tesla CEO Elon Musk being under fire for drug use and more industry happenings. Plus we throw in a review of the 2025 Chevy Equinox.
A series of new headlines reveal how Tesla CEO Elon Musk made extensive use of drugs while working as head of the Dept. Of Government Efficiency. But his use of ketamine and other controlled substances began long before Musk began working for Pres. Donald Trump. And it has contributed to what many observers have seen as erratic personal behavior and corporate mismanagement. Headlight.News has more.
General Motors Chair and CEO Mary Barra’s earned plenty of accolades during her 10-plus-year tenure at the helm of the Detroit-based automaker. She’s earned another — again — topping Forbes’ 100 Most Powerful Women list. It’s the second straight year’s she’s topped the list. Find out more at Headlight.News.
Tesla CEO Elon Musk has been promising a self-driving vehicle for years — and missed those targets for years. However, the time has arrived for him to make good on his word, he says, and the first set of driverless Teslas will be delivered in June. Get details in Headlight.News.
Officials from BMW, Mercedes-Benz and Volkswagen are reportedly in talks with the U.S. Department of Commerce to lessen the impact of the tariffs on European automakers shipping vehicles into the country. Get details at Headlight.News.