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.
Protestors and proponents alike turned out during a visit by President Donald Trump to suburban Detroit. The president promised tariffs will lead to more good-paying jobs in the United States and an economic boom in the future. But he also announced steps providing tariff relief as automakers prepare for the possibility of a sharp slump in sales and earnings — as well as job cuts — in the months ahead.
President Donald Trump keeps fine tuning the 25% tariff on automobiles and components coming into the U.S. from Canada and Mexico as well as the much larger levies from China. As a result, automakers continue to find ways to offset the price increases without crushing their bottom lines. Find out more at Headlight.News.
Looking for a good deal on a used vehicle? The price for a previously owned Tesla Model S posted the industry’s biggest year-over-year decline, according to dealer sales records. Tesla products, on the whole, have plunged in value as backlash grows to CEO Elon Musk’s role in the Trump administration. Headlight.News has more.
General Motors saw its first quarter revenue rise 2.3%, but its adjusted earnings and net income declined. The company’s top leaders delayed a call with investors, analysts and the media about the quarter due to President Donald Trump’s decision to ease tariffs. Officials will talk Thursday morning about the results and the potential impact of the president’s move. Get details at Headlight.News.
Pres. Donald Trump is expected to deliver good news for the auto industry during a visit to Detroit Tuesday. U.S. Commerce Secretary Howard Lutnick signaled there will be cuts made to the tariffs that were expected to result in as much as a 2 million unit reduction in new vehicle sales this year. Headlight.News has more.
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.
Carmakers are scrambling to adapt to the tariffs Pres. Donald Trump has enacted, U.S. new vehicle sales estimated to drop as much as 2 million this year due to higher prices. But no brand is as vulnerable as Buick. That’s because the vast majority of the General Motors brand’s products are imported from South Korea and China.
Despite its current troubles, Nissan’s classically been known for providing vehicles with attractive styling and good value. The 2025 Nissan Rogue Platinum AWD holds true to that legacy as it’s an above average offering, at a below average price. Check out our review at Headlight.News.
Concerns about a potential substantial increase in new vehicle prices has sent Americans scrambling to car dealers in April — the second straight month. The result is big sales numbers and shrinking inventory that could end up raising prices anyway. Get details at Headlight.News.
Better late than never? Tesla has spent years debating whether to add a more affordable EV to its existing line-up. It’s finally moving forward and, despite yet another delay, will finally add the vehicle to its line-up in June. Details have yet to be released but it’s expected to be a stripped-down version of Model Y starting at less than $30,000 — with a low-priced take on the Model 3 likely to follow. But will this draw in entirely new buyers or cannibalize sales of Tesla’s existing line-up? More from Headlight.News.
Nissan is taking a new tack on its attempted turnaround, especially in the U.S. The automaker revealed changes to its product plan for America, including a potential return to a longtime favorite: the Xterra. Get details at Headlight.News.