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.
Legal
Tesla’s Beginning to Cut Workers as Part of its Global Layoff
Shortly after telling Tesla workers the company would be cutting 10% of its workforce, the EV maker’s already swung into action. It filed paperwork showing it would layoff 14% of its employees at its New York plant. It also cut 300 subcontractors from its German operations. Get details at Headlight.News.
Ford Recalls 456K SUVs, Pickups
Ford’s quality issues continue to be problematic as the automaker recalled 456,565 compact SUVs and pickups due to a battery issue that could cause the vehicles to lose power. Get details at Headlight.News.
GM Cruise Planning to Relaunch Robocab Operations
After halting all operations on public roads following a near-fatal crash last autumn, General Motors’ autonomous driving unit Cruise appears ready to put at least some of its robocab fleet back into use.
EPA Updates Emissions Rules, Delays EV Phase-In
Updated fuel economy rules from the Environmental Protection Agency delays phaseout of EV mileage rules that provide extra credits to automakers for EVs they sell as electric vehicle market faces cooling sales and demand.
Automakers Selling Data About Drivers Used by Insurance Companies to Set Rates
If your auto insurance has spiked recently, you might blame the company that made your vehicle. Cars, trucks and utility vehicles now collect all types of data about your vehicle. That information is often collected by automakers, then sold to insurance companies that use it to set the rates for your premium. Find out more at Headlight.News.
California Wants to Require Automakers to Install Speed Limiters
California lawmakers are considering a bill that could require new vehicles to come with an “intelligent speed limiter” that, in most instances, would prevent motorists from driving more than 10 mph above the speed limit. Such devices have also been recommended by the National Transportation Safety Board, though that has gained little traction on a federal level.
Court Rejects Musk’s “Unfathomable” $55.8 Billion Tesla Pay Package
Calling the deal “unfathomable,” a Delaware court has blocked the $565 billion pay plan awarded Tesla CEO Elon Musk in 2018. The move could spell trouble for Musk’s current demand for 25% control of the EV maker while also raising concerns about his floundering social media site, X, which relied on loans backed by Tesla stock. More from Headlight.News.
Headlight News for the Week of 1-29-24: Tesla Touts Cheap EV While Enduring Bad Week
This week on Headlight News we talk about Tesla’s tough week. During the company’s earnings call, CEO Elon Musk confirms the company’s well on its way to building a low-cost electric vehicle. Find out what happened and more at Headlight.News.
Automakers Battling NHTSA to Halt Another Massive Airbag Recall
Airbags have saved so many lives during the past two decades, but they’ve also been the cause of the largest single automotive recall in history. Automakers are currently fighting an effort by federal safety regulators recall 52 million airbag inflators. It would be the second-largest recall. Get details at Headlight.News.
Nikola Founder Milton Gets 4-Year Jail Sentence for Fraud
It all began with a simple report and ended in a four-year prison term. Nikola founder Trevor Milton was sentenced Monday after being found guilty of lying to the company’s investors after he made claims about the company’s technology that were untrue. Find out more at Headlight.News.
Cruise Cuts Quarter of Workforce – Including Nine Senior Execs Linked to Near-Fatal Pedestrian Crash
Cruise LLC, GM’s autonomous vehicle arm, continues to feel the impact of an October 2 crash that nearly killed a pedestrian in San Francisco. The robotaxi company will eliminate a quarter of its workforce in a bid to move onto “a more deliberate path with safety as the north star.” That includes nine senior executives cited in an ongoing safety investigation.”