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Tesla Stock Plunging for 9th Straight Week: No Automaker “Has Lost so Much Value so Quickly”

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.

Headlight News Podcast for the Week of 3-17-25

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.

Kia Takes Aim at Tesla – So do Protestors  and Vandals – While  Owners Trade in as Backlash to Musk Mounts

Kia Takes Aim at Tesla – So do Protestors and Vandals – While Owners Trade in as Backlash to Musk Mounts

“I bought this after Elon went crazy.” We’ve seen plenty of bumper stickers like that, lately, but this one was on the back of a Kia EV3, found in a snarky Instagram post by Kia’s Norwegian subsidiary. And, it seems, many Tesla buyers may be listening. A growing number of them are trading in as backlash grows against CEO Elon Musk’s turn to the political right. Protests are growing at Tesla dealerships around the world, one showroom in France firebombed. Here’s more.

Trump Gives Auto Industry One-Month Tariff Reprieve

Trump Gives Auto Industry One-Month Tariff Reprieve

Little more than a day after announcing plans to enact 25% tariffs on goods imported from the Mexico and Canada, Pres. Donald Trump threw a temporary lifeline to the auto industry by granting a one-month reprieve on automotive parts and vehicles. But the threat remains that sanctions could still follow if the U.S. can’t reach resolution with its two neighbors and leading trade partners – something Ford CEO Jim Farley warned “would blow a hole in the U.S. industry.”

Is the State Dept. Trying to Cover Up the Truth About the $400M Cybertruck Purchase?

Is the State Dept. Trying to Cover Up the Truth About the $400M Cybertruck Purchase?

Did the U.S. State Department craft a $400 million windfall deal for Tesla and its CEO Elon Musk as payback for the executive’s leading role in the Trump administration? And is it now trying to cover up the truth behind the proposed purchase of armored versions of the Tesla Cybertruck? That’s a question one ranking member of the Senate is trying to find out.

Tesla Stock Continues Nosedive Grow Increasingly Worried About “Musk Effect”

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.

Next Move: Trump Shutting Down All 8,000 Chargers at Federal Buildings; Selling Off Government EVs

Next Move: Trump Shutting Down All 8,000 Chargers at Federal Buildings; Selling Off Government EVs

Since his inauguration five weeks ago, Donald Trump has taken numerous steps to cripple the emerging U.S. EV market. His latest move: shutting down about 8,000 charger ports currently operating at federal government buildings. He also has ordered the GSA to get rid of the EVs it recently acquired for its fleet. More from Headlight.News.

Dogged by Conflict of Interest Concerns, State Dept. Appears to Back Off Purchase of $400 Million Worth of Armored Tesla Cybertrucks

Dogged by Conflict of Interest Concerns, State Dept. Appears to Back Off Purchase of $400 Million Worth of Armored Tesla Cybertrucks

The U.S. State Department on Wednesday appeared to back down on plans to purchase $400 million in armored Tesla Cybertrucks amids mounting questions about a conflict of interest considering the automaker’s CEO Elon Musk plays a major role in the new Trump administration. But it’s unclear from an updated procurement forecast whether authorities will switch to other vehicles or have simply obscured their purchase plans.

Tesla Stock Continues Nosedive Grow Increasingly Worried About “Musk Effect”

Tesla Stock in Freefall and Elon Musk is the Main Reason Why

After surging in the wake of last November’s presidential election, Tesla stock has gone into freefall since Donald Trump’s inauguration last month. A variety of factors, including slumping global sales linked to CEO Elon Musk’s increasingly tarnished reputation. His new $100 billion bid for OpenAI may add to investors’ worries, reports Headlight.News.

Foxconn Taking Another Run at Auto Industry with Nissan Talks

Foxconn Taking Another Run at Auto Industry with Nissan Talks

Best known for producing iPhone, Taiwan-based Foxconn is making a play for Nissan Motor Co. now that its merger talks with Honda are dead. It’s not the first time the company’s attempted to gain a stake in the Japanese automaker. Find out more at Headlight.News.

Automotive Hall of Fame Announces an Unusually Diverse Lot to its Class of 2025

Automotive Hall of Fame Announces an Unusually Diverse Lot to its Class of 2025

The Automotive Hall of Fame will add four new inductees this year recognizing “noteworthy individuals” who “helped shape” the automotive industry, motor sports world and retail market. The list includes an unusually diverse mix this year, ranging from the recently retired CEO of Daimler to the industry’s first woman test driver. Here’s a closer look.

As Tesla Sales Nosedive in California and Europe, is The “Musk Effect” to Blame?

As Tesla Sales Nosedive in California and Europe, is The “Musk Effect” to Blame?

Is it the “Musk Factor” at play? Industry analysts say a growing backlash aimed at Tesla CEO Elon Musk is clearly responsible for the carmaker’s sliding sales and market share in the key EV market of California, as well as in Europe. But that only complicates the challenges the automaker is facing from growing competition from both traditional automakers like Hyundai, GM and Ford, as well as th increasingly aggressive Chinese brands. More from Headlight.News.