The accounting of Tesla’s capital spending and assets, particularly what appears to be a missing $1.4 billion, are prompting new questions about spending by the company and its uber-wealthy CEO Elon Musk.
Executives
Musk Under Mounting Pressure to Quit Trump or Leave Tesla
Two top Tesla investors are taking aim at CEO Elon Musk, one saying he must pull back from his work for the Trump administration, the other saying the damage is done and that it’s time for the automaker to find a new chief executive. Things grew worse for the...
Update: Tesla Recalls Cybertruck as Exterior Panels Fly Off
After initially halting deliveries due to reports of exterior panels detaching while the vehicle is being driven, Tesla said Thursday it would recall all Cybertrucks it has produced from launch through late last month. It comes as the eighth safety recall of the electric pickup and another setback for a manufacturer that has seen its stock price plummet by nearly half its value since mid-December. It underscores the fact that Tesla has had major ongoing quality, durability and recall problems. Headlight.News has more.
Tesla Stock Plunging for 9th Straight Week: No Automaker “Has Lost so Much Value so Quickly”
It’s hard to find anything “analogous” in automotive history to the ongoing crisis at Tesla, JP Morgan warned, as the automaker’s global sales collapse, its stock price further tumbles and CEO Elon Musk’s once hero image goes up in flames. There are few signs Pres. Donald Trump’s enthusiastic endorsement of the brand last week will generate sales. If anything, Tesla itself now warns, the company could get caught up in Trump’s trade war.
Tesla Gets Excluded from Canadian Incentive Due to Musk’s Political Involvement
The ongoing trade tensions between the U.S. and Canada got a little more … targeted Monday. The city of Toronto announced Tesla vehicles will no longer be eligible for the city’s EV incentives for taxis. Get details at Headlight.News.
Headlight News Podcast for the Week of 3-17-25
In this week’s podcast, we cover Nissan finally selecting a new CEO for the struggling automaker, IIHS toughening its testing standards, JD Power’s latest study showing consumers are happier with dealers, but dealers are still falling short in some important areas. We also offer an in-depth review of the new all-electric Cadillac Escalade IQ. Check it out at Headlight.News or Spotify.
Trump Buys a Tesla Then Moves to End Pro-EV Rules
The day after President Donald Trump and adviser/Tesla CEO Elon Musk showed off the president’s just-purchased Tesla Model S, the Trump administration took the next step in eliminating the Biden administration’s push to increase electric vehicle production. Find out more at Headlight.News.
Ford Seeks to Invigorate European Business with $4.8B Investment
Ford plans to invest up to $4.8 billion in its German operations, hoping to kick start is flagging European sales. The company’s German business is in the midst of a significant transformation, focused on cutting costs and becoming more competitive. Headlight.News has details.
Headlight.News Podcast for the Week of 3-10-25
In this week’s Headlight.News podcast we cover the latest tariff updates, Nissan’s troubles, Tesla’s woes and whoa and a review of the 2025 Mitsubishi Outlander SUV. Check it out at Headlight.News or on Spotify!
With Trump’s Canadian and Mexican Tariffs on Brief Hold, European Automakers Wonder if They’re Next
President Donald Trump on Wednesday said he would delay by a month new tariffs covering Canadian and Mexican auto imports. But even with that delay, the industry is waiting to see if Trump will next move to target additional trade partners. Trump has already hinted that European automakers could be next in his sights. More from Headlight.News.
Nissan Board Pushes for Change, Talking about CEO Replacement
The tough times for Nissan’s current CEO Makoto Uchida continue as the company’s board reportedly plans to meet March 11 to review potential replacements for the embattled auto executive. This news comes as he continues to look for ways to turn the company around. Get details at Headlight.News.
Tesla Stock Continues Nosedive Grow Increasingly Worried About “Musk Effect”
Tesla stock wracked up its sixth straight loss on Thursday, reaching its lowest point since the automaker’s shares surged in the wake of the 2024 presidential election and CEO Elon Musk’s close ties to Donald Trump. Musk’s role in the new Trump administration has been a key factor in the downturn, but analysts warn of other issues that could make it difficult for Tesla to bounce back.