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Musk Says He’s Returning in a Month to Focus on Tesla

Musk Says He’s Returning in a Month to Focus on Tesla

Tesla CEO Elon Musk attempted to use the EV maker’s earnings calls to quell concerns about his work with the Trump administration. He plans to leave his day-to-day role at the Department of Government Efficiency in a month to focus on Tesla. Get details about Musk’s plans and Tesla at Headlight.News.

Tesla’s Q1 Earnings Fall Short of Wall Street Expectations

Tesla’s Q1 Earnings Fall Short of Wall Street Expectations

EV maker Tesla’s first-quarter earnings didn’t meet Wall Street expectations. Analysts predicted the company’s earnings would be flat on a year-over-year basis, but the company’s revenues were down 9%, and its adjusted earnings slid 17%. Find out more at Headlight.News.

Tesla Share of California EV Market Drops Below 50%

Tesla Share of California EV Market Drops Below 50%

Tesla sales have fallen all over the world, much of that due to backlash against CEO Elon Musk’s political ties to the Trump administration. Now, the automaker’s share of the bellwether California EV market has dipped below 50%, as competitors draw in EV buyers with a flood of new products.

Trump May Offer Exemptions on Import Auto Tariffs

Trump May Offer Exemptions on Import Auto Tariffs

President Donald Trump signaled he may again reverse himself on a key part of his tariff plan, this time telling reporters that he is “looking at” temporary exemptions from the 25% tariffs covering imported autos and auto parts. Experts warned that plan would add thousands of dollars to the cost of both U.S. and foreign-made vehicles and cost the industry nearly 2 million sales for all of 2025. Headlight.News has more.

Trump Pauses Most Tariffs – But Leaves Those Impacting Autos in Place

Trump Pauses Most Tariffs – But Leaves Those Impacting Autos in Place

President Donald Trump paused for 90 days most of the tariffs that went into effect earlier this month targeting virtually all U.S. trade partners. But he left in place sectoral tariffs, notably including those imparting import autos and auto parts, as well as foreign-made steel and aluminum. He also increased tariffs on countries, such as China, that responded to his original order with increased trade sanctions of their own. Headlight.News has more.

Frantic Automakers Search for Trump Tariff Strategies

Frantic Automakers Search for Trump Tariff Strategies

Tariffs continue to dominate the auto industry, manufacturers around the world struggling to figure out formulas that will minimize the impact on consumers – and U.S. sales – while avoiding budget-busting new costs that could send their balance sheets deep into the red. Here are some of the latest developments.

Tesla Cybertruck Range-Extender Vanishes – and Other Tesla Setbacks

Tesla Cybertruck Range-Extender Vanishes – and Other Tesla Setbacks

It’s turning into another troubled week for Tesla, the automaker quietly removing the range-extended version of its controversial Cybertruck from its online order page. That comes as Tesla suffered an even worse slump than the rest of the stock market this week, with...

Mazda Likely to Spread Tariff Pain – But CFO Still Sees Sales Taking Big Hit

Mazda Likely to Spread Tariff Pain – But CFO Still Sees Sales Taking Big Hit

Mazda can’t “swallow” the tariffs it will face under Pres. Donald Trump’s new trade sanctions. While plans have yet to be finalized, it is likely to spread tariffs costs out in a way that will minimize the impact on “price-sensitive” products, such as its entry line, the CX-30, global CFO Jeff Guyton said. Even then, the automaker expects to take a big hit to sales, he forecast. Here’s more of the details.