Nissan’s push to get back to prosperity continues to take it through tough times. The company apparently is preparing to layoff 10,000 workers — in addition to the 9,000 it’s already sent packing. This news comes as it prepares to release a quarterly earnings loss in the billions of dollars. Find out more at Headlight.News.
The first major update of Tesla’s best-selling product line, the Model Y, has officially gone on sale. Known internally by its codename, Juniper, it’s also being offered in a newer, cheaper form, with a base rear-wheel-drive package dropping to $37,490 after factoring in federal tax credits. Whether that will reverse declining Tesla sales, hurt by widespread protests against CEO Elon Musk’s role in the Trump administration, remains to be seen. More from Headlight.News.
Tesla denied reports the company’s board has begun searching for a replacement for CEO Elon Musk. The South African-born entrepreneur has come under increasing fire due to his ties to the Trump administration, leading to a sharp slump in Tesla sales and earnings and calls by some leading investors to find a new chief executive. Headlight.News has the latest.
On this week’s podcast, Headlight News covers the debut of Amazon founder Jeff Bezos’ new EV company, Slate, and its first product and electric pickup. We also review the 2025 Cadillac Optiq and look at the other stories coming in the week ahead.
Millions of American motorists have been priced out of the new vehicle market, all the more so when it comes to EVs which currently average about $55,000 apiece. But Slate Auto, a new start-up backed by Amazon founder Jeff Bezos, is determined to change that equation. On Thursday, it gave the world a first look at a flexible new, all-electric pickup set to go on sale in 2026. Designed to be extremely customizable, it’s expected to start under $20,000 when you factor in federal EV tax credits. Headlight.News was there for the big debut.
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.
Motorists around the world are becoming increasingly comfortable with purchasing and owning EVs, according to a new study, though Americans lag well behind their counterparts in Europe and, in particular, China. Credit the longer range, faster charging and lower costs of newer EV models, consumers told McKinsey & Co. Headlight.News has more.
Toyota’s looking to take NYC by storm during this year’s New York International Auto Show with a new introduction for its race-inspired GR lineup. The new GR Supra MkV Final Edition gives performance mavens something to look forward to, reports Headlight.News.
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...
Tesla shareholders breathed a sigh of relief on Wednesday morning, word leaking out of the White House suggesting CEO Elon Musk will soon give up his controversial role as the head of the Trump administration’s Dept. of Government Efficiency. Then, Tesla released its first-quarter sales numbers, global deliveries falling three times further than what Wall Street anticipated. Its stock rebound in reverse, a growing number of investors and analysts now wonder whether Tesla and its CEO can recover from the hit they’ve taken.
Tesla sales for the first quarter of 2025 fell to their lowest level in three years, even as overall EV command continued to rise worldwide. The plunge reflected a growing backlash against Tesla CEO Elon Musk’s political shift to the far right and his role as head of the Trump administration’s controversial Department of Government Efficiency. Headlight.News has this breaking story.
Odds are you’ve never heard of Ineos Automotive – at least not until recently. It’s a start-up brand backed, of all things, by one of the world’s largest chemical companies. The British carmaker last year brought its first model, the rugged Grenadier SUV, to the U.S. market and is in the midst of launching its second product line, the Quartermaster pickup. Headlight.News caught up with Ineos CEO Lynn Calder during a recent driving event in Aspen and asked her about Ineos’ product plans, growth opportunities – and the impact of the new Trump auto import tariffs.