Volkswagen will “probably” not launch its next battery-electric vehicle, the ID.7 sedan, until sometime next year in the U.S., and some suspect it could be pushed back even further as it struggles to reverse plummeting sales of its original ID.4 SUV.
A new study shows consumers expressing more confidence in fully automated self-driving vehicles. Good news for Tesla CEO Elon Musk and others expanding their autonomous vehicle testing and planning. Find out more at Headlight.News.
After a rough start, Tesla appeared to get back on track during the third quarter, beating both sales and earnings estimates. But, buried amidst all the financial data, CEO Elon Musk said there won’t be a $25,000 Tesla and the EV maker’s potentially rocket-powered Roadster is delayed – again. But he may be working on a flying Tesla.
EV maker Tesla reported better-than-expected results for the third quarter. The Texas-based company beat the analysts’ profit forecasts despite coming up slightly short on revenue predictions. Get the details of the company’s third quarter results at Headlight.News.
General Motors brought in more money during the third quarter compared to a year ago, but those additional funds didn’t translate to bigger profits. However, the numbers did give the company reason to revise its earnings upward. Find out more at Headlight.News.
Just months ago, it seemed, the internal combustion engine was on its way out, with regulators planning to phase out the technology – in some markets, like Europe, within barely a decade. While automakers once seemed ready to go along they’re now beginning to push back. That includes BMW’s CEO who called for a “correction” of EV-only strategies at this week’s Paris Motor Show.
Tesla appears to be planning a shift away from its once groundbreaking EVs to put more focus on a line of robots and robotaxis but that has generated some significant pushback from investors who question the new business model announced by CEO Elon Musk during a flashy Hollywood rollout last week.
General Motors defense unit continues to offer new vehicles with evolutionary updates designed to keep up with the changing needs of today’s warfighter. It’s showing off the prototype of its next-generation tactical vehicle at AUSA 2024. Check it out at Headlight.News.
Facing mounting criticism for the automaker’s recent plunge in sales and earnings, Stellantis CEO Carlos Tavares will retire in 2026. The announcement comes amidst a major shake-up in the automaker’s Euro-American management team.
An ebullient Elon Musk took to the stage Thursday night not just to show off the long-awaited Cybercab, Tesla’s CEO offered a peek at what his idea of what the future should be, and that kicks off sometime near the end of 2026 when the first Cybercabs go into production. Get details at Headlight.News.
It’s a put-up-or-shut-up-day for Elon Musk as Tesla prepares to reveal its long-promised Cybercab, but the company has plenty of other challenges facing it right now, starting with the departure of four top-level executives leading an exodus of talent as insiders balk at the CEO’s increasingly erratic behavior.
Lucid Group reported it delivered nearly 2,800 vehicles, which surpassed the expectations of analysts. The results are also in contrast to fellow EV startup Rivian. Get details about the results and what’s next at Headlight.News.